What kind of title is this?: Light Novel.
How many volumes are there?: 2 volumes are listed.
How many chapters are there?: 14 chapters are listed.
Where can I read it?: Reading links are listed for Yen Press, Official Site. Check availability in your region.

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Synopsis

About Magical Girl Raising Project: limited

A whole new batch of magical girls! During what was supposed to be a typical after-school club meeting, a small fairy named Toko appears out of nowhere with incredible news: All seven attendees have what it takes to become full-fledged magical girls! In exchange for their newfound abilities, they promise to save Toko from the evil mages who are hunting her down. But the girls may be in over their heads, as these bad guys have special magical girl powers of their own.

Action Fantasy Mahou Shoujo Thriller