Posts Tagged ‘Amazon’

ACCION begins new microfinance operations in the Amazon

Microfinance Focus, Feb 24, 2010: ACCION is reaching the jungles of Brazil to provide its microfinance products to the microentrepreneurs living and working there. Called Microfinancas, ACCION’s new microfinance company will serve the Amazonas region, where the company said less than 10 percent of the 1.9 million low-income resident microentrepreneurs have access to financial services from a bank or microfinance organization. It was in Recife, ... Full story

Brazil okays Accion’s microfinance plans in Amazon

Microfinance Focus, Nov. 24, 2009: Brazil President Luiz Inácio Lula da Silva has approved the Accion International's application to begin microfinance oeprations in Amazon, Brazil's remote north-eastern state. Acción International, a global microfinance fund manager, was granted permission last week by President Lula to establish operations in Brazil, said a statement from Accion. The operations will be a branch of the Accion Global Gateway Fund based in ... Full story
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