While China’s economy has experienced tremendous growth in recent years, many microentrepreneurs still do not have access to the financial services they need to build sustainable businesses. In order to respond to this need, in 2009, we launched Accion Microcredit China (AMC) in Chifeng, Inner Mongolia.
Accion Microcredit China (AMC)
Accion was one of the very first foreign organizations to be granted a license to launch microcredit operations in China, and established AMC in 2009 to provide previously underserved regions of Chifeng with access to quality financial services. AMC now provides working-capital and fixed-asset loans for urban and rural, small and medium-sized enterprises in the Chifeng region, Inner Mongolia.
We currently work in a variety of areas in China:
Accion is an operating partner of Accion Microcredit China and provides a range of technical assistance and managerial support to the institution.
Learn more about our Microfinance Services >>
Accion’s Venture Lab has invested in DemystData, a Hong Kong-based company that uses technology to help financial institutions reach populations typically underserved by financial services.
Learn more about Venture Lab >>
We provide technical and management training to microfinance industry professionals through our Global Training Center in Beijing.Learn more about Industry Training >>