10 January, 2015: Fusion Microfinance Pvt. Ltd., a portfolio microfinance company in the NMI Frontier Fund, was named Microfinance India’s Organization of the Year (Medium & Small).
Microfinance India is a national level advocacy platform, initiated by ACCESS Development Services, spurned off to ACCESS-ASSIST, to engage various stakeholders and develop a comprehensive vision for the entire sector. This award aims to recognize and encourage smaller and upcoming MFOs, who have demonstrated the potential for growth and have exhibited the ability to establish strong processes along with efficient operations. NMI invested roughly 3 million dollars in February 2013, client outreach has grown almost 400% since NMIs initial investment.