Fusion Micro Finance Ltd
Fusion Micro Finance Ltd Company History
Fusion Micro Finance is primarily engaged in micro finance lending activities, providing financial services to poor women in India who are organized as Joint Liability Group (‘JLGs’). The Company provides small value collateral free loans. Apart from micro finance lending, the Company also have lending to MSME enterprises.
1994
The Company was incorporated as Ambience Fincap Private Limited
1994
2010
Started operating under the brand name ÂFusionÂ
First investment by RIF North 2 in our Company
2010
2013
First investment by NMI Frontier Fund and the other foreign shareholder of the Company at that time
2013
2014
Issuance of first Listed Non-Convertible Debentures
2014
2015
Expanded operation in up to five states
First investment by Oikocredit Ecumenical Development Cooperative Society U.A. and Belgian Investment Company in our Company
2015
2016
First investment by Creation I and Global Impact Funds, S.C.A., SICAR and certain existing shareholders, in our Company
2016
2017
Achieved AUM of over INR 1,000 Crore
2017
2018
Expanded operations up to 18 states
First investment by Honey Rose, which is directly owned by certain private equity funds managed by Warburg Pincus LLC and follow-on round by Creation I in our Company
Issuance of market-linked debentures
2018
2019
Follow-on round from Honey Rose, which is directly owned by certain private equity funds managed by Warburg Pincus LLC and Creation II
2019
2021
Reached 2,200,000 active loan clients through 725 branches across 18 states
20203
Company has received 'Microfinance Organization of the Year (Large)' Award 2022.
2021
