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Accion Invests in Mexican Microfinance Institution CrediConfia

Accion, a Global Microfinance Conglomerate has invested US $1.9m in CrediConfia, an east-central Mexico based Microfinance Company, according to an official release. The investment provides Accion with a nine percent stake in CrediConfia, a board seat, and the opportunity to engage in a three-year service contract providing governance, management and technical su

Report on Financial Behavior of Rural Residents in Latin America

Accion released a report providing the financial industry with important recommendations for creating and improving services to rural residents in Latin America.  This study – based on market research conducted in Colombia, Dominican Republic, Ecuador, Nicaragua and Peru – provides a detailed portrait of access, use and attitudes towards financial services by rural residents, both farmers and m

Accion’s Venture Labs to provide seed capital, support to start-ups

Accion, a global microfinance organization, announced the launch of Venture Lab, an initiative dedicated to providing seed capital and management support to financial inclusion start-ups worldwide. Venture Lab complements Accion's Frontier Investments Group, which focuses on similarly disruptive but more established companies with demonstrated revenue traction.

ACCION completes 50 years in building microfinance
ACCION brings microfinance to Manaus, Brazil

 

Microfinance Focus, June 8, 2011: ACCION International inaugurated on Tuesday a new microfinance institution, ACCION Microfinancas in Manaus, the capital of the state of Amazonas in Brazil's northern region which is a largely underserved microfinance market.

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