MoneyWorks4Me

Fusion Micro Finance’s AUM rises 37% to Rs 9,296 crore

10 Apr 2023 Evaluate

Fusion Micro Finance’s Asset Under Management (AUM) grew 37% Year on Year (YoY) to Rs 9,296 crore as on March 31, 2023 as compared to Rs 6,786 crore as on March 31, 2022. Its no. of borrowers witnessed 29% YoY growth at around 3.5 million as on March 31, 2023 as compared to around 2.7 million as on March 31, 2022. 

The company’s disbursement grew 39% YoY to Rs 8,596 crore during FY 2022-23 as compared to Rs 6,180 crore during FY2021-22. 

Fusion Micro Finance is a registered NBFC. 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.

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