This is one of our Fintech From A Peak Interviews, where we talk to people making a big difference in people’s lives with fintech services,
Accion, founded in 1961, is hardly an overnight sensation. This is a story of quietly doing the right thing for a long time and then suddenly the world catches up. Today Accion is still focused on the same mission from 1961, but it is using the latest financial technology. This is Fintech4us (the original name for Daily Fintech in 2014) ie fintech being used to change the lives of billions of people.
The pioneering work of Muhammad Yunus on Microfinance, with Grameen Bank in Bangladesh is well known. Less well known is that Accion was doing similar work in Latin America around the same time. The organization began in Venezuela and began to lend in Brazil during the early 1970s.
So we were excited to talk to Accion’s CEO.Michael Schlein and to share that knowledge with the Daily Fintech community.
Read more at Daily Fintech.