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UPS Awards Microfinance Grant With China Earmarks
November 21, 2007 |
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| Category: Business & Society
Microfinance group ACCION International has received a US$400,000 Centennial Grant from UPS.
The money will support ACCION's work in delivering financial services and training to the world's entrepreneurial poor. The grant will help in reaching more micro-entrepreneurs in regions new to ACCION, such as China and India.
UPS is celebrating its 100th anniversary this year by creating the Centennial Grants Fund, awarding a total of US$1 million to global microfinance organizations. ACCION will use the funds to expand the reach and sustainability of microfinance in various countries around the world.
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