Fusion as an organization was set-up in 2010 & is a registered NBFC –MFI which operates in a Joint Liability Group lending model of Grameen.
Clients comprise mainly of women living in rural and semi-urban areas. It’s focus is reaching out to unbanked and providing financial services to women entrepreneurs belonging to the economically and socially deprived section of the society. The Company’s responsibilities are not restricted merely to financial support but also to acquaint the clients to manage their financials by disseminating Financial Literacy to them. Fusion believes in robust business practices, transparent policies expressed in our Customer Centric efforts towards our Clientele. Fusion aspires to create value and balanced growth for all its stakeholders while keeping clients at the centre.
The company’s business runs on a joint liability group-lending model, wherein a small number of women form a group (typically comprising five to seven members) and guarantee one another’s loans.
As of June 30, 2022 and March 31, 2022, 2021 and 2020, our total AUM was Rs. 73,890.23 million, Rs. 67,859.71 million, Rs. 46,378.39 million and Rs. 36,065.24 million, respectively.
Competitive Strengths:
Well Diversified and Extensive Pan-India Presence.
Proven Execution Capabilities with Strong Rural Focus.
Access to Diversified Sources of Capital and Effective Asset Liability Management.
How to apply for the Fusion Microfinance IPO? You can apply for Fusion Microfinance IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Fusion Microfinance IPO in the Invest section. The other option is you can apply for Fusion Microfinance IPO via IPO forms downloaded via NSE and BSE. Check out the Fusion Microfinance forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
