As nonprofits, Accion and our peers can take chances that the private sector cannot.
FORBES: Investing In Inclusion: How To Deliver Financial Services To The World's Poor
Samuel Adams (SAM) cofounder, Jim Koch, teamed up with leading microlender, Accion, to start changing that.
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Feeling alienated, she sought out other Puerto Rican students and co-founded the group Accion Puertorriquena.
If so, he would splinter Accion Democratica, with whose rank and file he is popular.
COPEI's rival, Accion Democratica, the country's oldest and largest party, risks the same fate.
That is precisely the mission of Accion, a global nonprofit dedicated to creating a financially inclusive world.
FORBES: Investing In Inclusion: How To Deliver Financial Services To The World's Poor
According to Accion International, perhaps 50 of the world's 7, 000-10, 000 microlenders can cover their own operating and financial costs unaided.
It was a move that enabled Lilian to end her relationship with Accion and focus on continuing to expand her businesses.
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Michael Schlein is President and CEO, and Diana Taylor is Chairman of the Board, of Accion, a global non-profit organization dedicated to building a financially inclusive world.
In 2009, Tory Burch teamed up with Accion USA, a microlending and microfinance organization, to help low- and middle-income women around the country start and grow small businesses.
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Take Accion Investments in Microfinance (AIM), a for-profit equity fund created in 2003 to provide capital to microfinance institutions (MFIs) working in challenging markets where such funding was typically unavailable.
FORBES: Investing In Inclusion: How To Deliver Financial Services To The World's Poor
Accion is proud to have helped launch and grow these pioneering institutions, which are models for the world and whose collective outreach has brought financial services to millions who would otherwise be left out.
FORBES: Investing In Inclusion: How To Deliver Financial Services To The World's Poor
Accion serves 4.9 borrowers in 31 countries.
FORBES: Predicting the Path Out of Poverty: Microfinance & Credit Risk Analysis
By building competitive, commercially viable financial institutions that provide a healthy return on capital and by taking bold risks and investing in innovative ways to expand financial services to the poor, Accion and our partners are spurring new opportunities and sustainable progress throughout the developing world, and helping to bring billions more into the global economy.
FORBES: Investing In Inclusion: How To Deliver Financial Services To The World's Poor
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