ACCION among Top 50 Global Impact Investors Everyone's buzzing about Impact Investing! With reports such as J.P. Morgan's “Impact Investments: An emerging asset class” released last fall, impact investors are being recognized for leveraging capital markets to create social change—and ACCION is working at the forefront of this exciting movement. Interested in learning more? Look us up on the 2011 ImpactAssets 50, an annual listing of the top impact investment fund managers. Learn more about ACCION’s investment activities here > So Long, Boss – I Work for Myself Now To her surprise, ACCION Ambassador Katie Webster discovered that many of the loan recipients in a local comité were previously, or are even currently, employed in the formal sector: “This was not consistent with my perception of the typical microcredit recipient, at least here in Paraguay. Based on my (albeit quite limited) understanding of the traditional female comité member, the typical client has been previously employed only in the informal sector if at all, and the first microloan she receives likely represents her most significant foray into the business world to date.” Read the full post here > Calling María Otero: Panel on Mobile Banking Under Secretary of State for Democracy and Global Affairs María Otero recently dialed into the mobile banking conversation at a Brookings Institution event about the future of mobile money. Otero, the former president and CEO of ACCION International, told participants: “At the heart of this work is the enhanced livelihood of citizens that otherwise would be operating outside of the financial system. We know that mobile money is one way in which we can harness their own potential as economic citizens and move them forward.” Full transcript here > As ACCION celebrates its 50th Anniversary, eNews turns the spotlight on how ACCION, its partners and its supporters have helped millions build brighter futures. ACCION in Africa
In October 2000, ACCION began working with partners in sub-Saharan Africa, marking its first initiative outside the Americas. Recognizing the vital need for microcredit throughout Africa, ACCION continues to commit itself to increasing economic opportunities for self-employed Africans. Learn more about our work in Africa >
The Center for Financial Inclusion has released three new reports on the status of microfinance, from a variety of perspectives. Check them out below: “Opportunities and Obstacles to Financial Inclusion” “Weathering the Storm: Hazards, Beacons, and Life Rafts” “Aligning Stakeholder Interests in NGO Transformations: Emerging Good Practices” World Credit Union Conference July 24-27, 2011 Glasgow, Scotland Social Capital Markets September 6-9, 2011 San Francisco, CA Bi-annual African Microfinance Conference September 19-22, 2011 Addis Ababa, Ethiopia
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