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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...

GATE Global Impact, a New York-based financial services company has been selected by the Overseas Private Investment Corporation (OPIC), the U.S. Government's development finance institution, to serve as an originator for a growing alliance with the private sector designed to support small and medium enterprises (...

Citi Group has been awarded the ‘International award’ by the Business in the Community (BITC) for scaling microfinance to achieve financial inclusion. The International Award supported by the International Leadership Team Recognizes company programmes that can demonstrate positive impact on those in greatest need...

Whole Planet Foundation will get up to $25,000 fund from Zevia, the zero calorie soda brand. This fund will be directed to empower the working poor in impoverished communities around the world to start home-based businesses through microcredit loans. In July, the company will donate 10 cents for each six-pack of...

An initiative known as ‘Kiva City Los Angeles (LA), that enables anyone with access to the internet a chance to support small business owners, local economies, and local jobs in Los Angeles was launched recently. This program aims at expanding awareness and availability of microfinance opportunities among small...

The New York Stock Exchange (NYSE: NYX) will start a nationwide workshop tour in Tuscon, Arizona on “Small Business Connections: Marketing Meets Microfinancing” on June 12, 2012 at the City of Tucson Resource Campus, Sentinel Building. The tour which is hosted in coordination with Yelp and Accion is said to provide approximately 80 local...

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