Fusion Finance raises funds through NCDs [Finance]
AI Summary1 min read
TL;DR
Fusion Finance, an NBFC-MFI established in 2010, raises funds via NCDs to support women entrepreneurs in rural areas through financial services and literacy.
Tags
Finance - NBFCFinanceFusion FinanceNCDsmicrofinancewomen entrepreneursfinancial literacy
Fusion Micro Finance as an organization was set-up in 2010 & is a registered NBFC - MFI which operates in a Joint Liability Group lending model of Grameen. Its clients comprise mainly of women living in rural and semi-urban areas. Its focus is reaching out to unbanked and providing financial services to women entrepreneurs belonging to the economically and socially deprived section of the society. Its responsibilities are not restricted merely to financial support but also to acquaint the clients to manage their financials by disseminating Financial Literacy to them