Microfinance Focus, Jan 26, 2010: ACCION International, global microfinance company, announced yesterday that Brazilian President Luiz Inacio Lula da Silva has approved its application to establish ACCION Microfinancas, a new microfinance organization in the state of Amazonas in Brazil's remote northern region, according to a press release. It was in Recife, Brazil that ACCION first initiated the concept of microlending, in 1973.
Joining ACCION as an ...
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