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Poor and low income people around the world are excluded from financial services that can boost their entrepreneurial capabilities and alleviate poverty. To increase visibility for microfinance and build inclusive financial sector that helps people improve their lives, the United Nations declared 2005 the Year of Microcredit.
13.09.2004
In a first for the microfinance industry, Accion International, a U.S.-based microfinance network, has signed a pro-consumer pledge to provide quality service and lead in ethical behavior. The Pro-Consumer Pledge is based on principles of quality of service, transparent and fair pricing, appropriate debt collection, and privacy of customer information, among others.
In a first for the microfinance industry, Accion International, a U.S.-based microfinance network, has signed a pro-consumer pledge to provide quality service and lead in ethical behavior. The Pro-Consumer Pledge is based on principles of quality of service, transparent and fair pricing, appropriate debt collection, and privacy of customer information, among others.
A U.S.-based non-profit micro-finance organization has extended its network to Colombia where it will work in partnership with a local group to provide loans to women and men who want to start their own business.
ACCION International, a leading microcredit network, has entered into an agreement to provide Banco Caja Social of Bogotá with expertise on the microcredit sector. Together they hope to reach an additional 60,000 borrowers in 5 years.
