ACCION International

ACCION International is a US-based non-profit organization to offer financial services to microfinance institutions in their work low income, supported. Here, ACCION provides assistance in the areas of management, technology, debt and equity investment, and offers training for microfinance institutions and organizations that support micro-finance institutions, to. ACCION supports the commercial model of microfinance in accordance with its micro-finance institutions should achieve both social and financial objectives.

History

ACCION International was established in 1961 in the context of the grassroots movement as an organization that should help in the development of communities. At the beginning traveled young academic Americans to Venezuela, on the other hand there to serve in developing links between local businessmen and other individuals with access to resources on the one hand and the urban poor as catalysts. The aim of these activities was the poor to help themselves to organize their efforts and their resources better to make it as to enable to help themselves.

In 1973 ACCION began the microcredit in Recife ( Brazil) to experiment. After some early positive experiences with microcredit ACCION began its activities increasingly on the development of microfinance institutions and to focus the support of the growing microfinance industry.

In the next 18 years, ACCION has worked exclusively with microfinance institutions in Central and South America together, but broke with this tradition in 1991 as the organization of a microfinance program for poor entrepreneurs in Brooklyn, New York City, aufstellte. During the next five years, ACCION expanded its activities to the rest of the USA, with offices in San Antonio, Albuquerque, Chicago and San Diego.Geschichte Accions in the 1990s ( English )

In October 2000 ACCION continued to expand to Africa where it work together, particularly in sub-Saharan Africa with regional microfinance institutions. A special partnership has been built here with Ecobank Transnational in 2006. Simultaneously branches began ACCION in India in 2005 set up, including in Bangalore, Mumbai and Patna. Then opened in 2008, financed and run by ACCION think tank Center for Financial Inclusion.

Finally, ACCION expanded in 2009 its activities to China, where it established a branch in Inner Mongolia.

Organization

The headquarters of ACCION is located in Boston, Massachusetts, is directed by Michael Schlein. According to information supplied ACCION International in 2011 5.1 million people with microcredit, what a positive impact on the lives of 25.5 million people - debtors, family members, workers - had.

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