Fusion Micro Finance Ltd., originally established as Ambience Fincap Private Limited in 1994, is a microfinance institution focusing on providing financial services to underserved women in India. The company transitioned to a public limited company in 2021, and operates as a non-banking financial company (NBFC) that does not accept public deposits. With a significant presence in 377 districts across 19 states and union territories, Fusion Micro Finance serves 2.90 million active borrowers through 966 branches and a workforce of 9,262 employees.
The company specializes in microfinance lending, particularly targeting Joint Liability Groups (JLGs), offering small, collateral-free loans enabling women entrepreneurs to engage in income-generating activities. Its portfolio includes loans for agriculture, manufacturing, trade, retail, and service sectors. Fusion Micro Finance also provides cross-sell loans and MSME loans, facilitating economic opportunities for low-income households. The company demonstrated robust growth with an AUM of Rs. 73,890.23 million as of June 2022. It raised Rs. 1103.99 crores through a public issue in November 2022 to further expand its operations.
