Santander Microcrédito (Banco Real ABN AMRO) works with Accion to support small businesses in Brazil

Santander Microcrédito, an initiative by Banco Real ABN AMRO, offers small loans to growing businesses that lack access to conventional forms of credit.

Through the provision of microcredit, Banco Real ABN AMRO is committed to the economic and social development of its borrowers, and to promoting Brazil’s economic growth. As of May 2010, Real Microcrédito had 86,926 active borrowers, an active portfolio of $55,149,000 and an average loan size of $634. ACCION has been providing technical assistance to the organisation for more than five years with a focus on credit methodology, product design and management services.

Further information


Categorisations

Partnership types

Doing business with the poor; Provision of services / personnel

Regions / countries / territories

Americas: Brazil

Global issues

Financial accessibility and management

Business sectors

Finance