Received award for Best Usage of ICT in Rural Development
Fusion Microfinance has been awarded at the Business World Digital India Summit 2017 for Best Usage of ICT in Rural Development. The Award was distributed by Mr. Ravi Shankar Prasad, Union Minister for IT and Communication.
SMART CAMPAIGN has awarded Fusion with Client Protection Certification for embedding client protection practices into the organizational culture and meeting strong standards of client care.
Fusion Microfinance raises Rs 162 crore equity from overseas PE firms
Fusion microfinance has raised Rs 162 crore in equity from US-based private equity firm Creation Investments Capital Management and Spain's Gawa Capital
Grading MFI 2+ to Fusion Microfinance.
CARE (Credit Analysis & Research Ltd.) has given a grading of MFI 2+ to Fusion Microfinance and it's second highest on the table. This grading is assigned on 8 point scale with 'MFI 1" being the highest and 'MFI 5' being the lowest.
New rating BBB
Rating outlook has improved from BBB- (Triple B Minus) to BBB (Triple B).
Listed among 25 leading "Microfinance Institutions" in India
Fusion is listed among 25 leading "Microfinance Institutions" in India (as per the report published by CRISIL in June, 2014)
Best Microfinance Award
Fusion receives "Microfinance India Awards, 2014" under "Small and Medium Enterprise" Category by ACCESS.
Raised equity of INR 53 crores
Fusion Microfinance has raised INR 53 crores from Belgian Investment Company (BIO) and impact investor OIKO CREDIT.
Social Rating Σβ+
Received Social Rating of Σβ+ on governance & strategy, social goals, responsibility to staff and client protection by M – CRIL
Received debt fund of INR 37 Cr
Syndicate Bank, Bharatiya Mahila Bank, Kotak Bank, Yes Bank & Development Credit Bank have sanctioned fresh debt fund of INR 37 Cr
Employee Toll - free helpline launched
Welcome to Fusion Microfinance
Fusion Microfinance is a registered NBFC – MFI which operates in a Joint Liability Group lending model of Grameen. Fusion as an organization was set-up in 2010..
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