Fusion Microfinance is a registered NBFC – MFI which operates in a Joint Liability Group lending model of Grameen. Fusion Microfinance clients comprises of 100% women living in rural and semi-urban areas. The main focus is reaching out to unbanked and providing financial services to women entrepreneurs belonging to the economically and socially deprived section of the society. Fusion Microfinance Pt Ltd was set up by Mr. Devesh Sachdev in January 2010. The company received its NBFC – MFI license in January 2014 and operates on the time-tested Grameen Joint Liability Group (JLG) model with 100% women clients. A small group of 10 to 30 women are formed, loans are given to the group as a whole so that each member of the group is jointly responsible for the loan taken by them. Our clients generally belong to the economically and socially deprived section of the society residing in the rural and semi-urban areas. Over 85% of the active loan clients of Fusion belong to the marginalized communities such as ST/SC and OBC. Fusion has expanded its branch network in 17 poorest districts in Madhya Pradesh and Uttar Pradesh under Poorest State Inclusive Growth program of SIDBI.
Company Details
- Employees
- 1.27K
- Founded
- -
- Address
- H1,community Centre, Near Gurudwara, Naraina Vihar, New Delhi,new Delhi 110028,india
- Phone
- 911146646600
- co****@****nce.com
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- fusionmicrofinance.com
- Keywords
- New Delhi.
- HQ
- New Delhi, New Delhi
Fusion Microfinance Questions
Fusion Microfinance's helpline number is 911146646600
Fusion Microfinance's website is fusionmicrofinance.com
Fusion Microfinance's LinkedIn profile is https://in.linkedin.com/company/fusion-microfinance1
Fusion Microfinance has
1.27K employees.
View email and phone details for 1.27K
employees at Fusion Microfinance.
Fusion Microfinance's industry is
Financial Services
Fusion Microfinance's top competitors are
Utkarsh Small Finance Bank,
Svatantra Microfin Pvt. Ltd.,
Tata Capital,
Ujjivan Small Finance Bank,
Samasta Microfinance Limited,
Fusion Finance Ltd,
Au Small Finance Bank,
Arohan Financial Services Limited,
Satya Microcapital Limited,
Satin Creditcare Network Limited.
Fusion Microfinance's support email address is contact@fusionmicrofinance.com
Fusion Microfinance's categories are Financial Services
Fusion Microfinance's founding year is 2010
