RBI has defined micro-credit as provision of thrift, credit and other financial services and products of very small amount to the poor in rural, semi-urban and urban areas for enabling them to raise their income levels and improve living standards. Micro Credit Institutions are those which provide these facilities.
Fusion provides such loans ranging from INR 10,000 to INR 60,000 for loan tenure of 1 years to 2 years. The clients are from the poor section of the society and undertake these loans to start new business or expand existing businesses. These loans help the families to earn more surpluses and improve the quality of life of their family.