A strong partnership

Why participate in microfinance?

In developing countries, 3 billion people live with less than 2 dollars a day. If the current tendencies go on, it is estimated that in 40 years, 4 billion people will have to survive with that amount. Nowadays, microfinance is the effective tool and the most expanded one to fight against poverty worldwide. In fact, since microfinance pioneer Muhammad Yunus and the Grameen Bank won the Nobel Peace Prize in 2006, microfinance has experienced celebrity-like popularity, an influx of funders and practitioners, and was hailed as a miracle solution to ending global poverty.

Today, microfinance shows tangible results for the population excluded from traditional banking services. With a total of 190 million borrowers throughout the world, 74% of which are women and 128 million of which live below the poverty line, microfinance reaches more than 640 million direct and indirect beneficiaries.

This partnership complements our Skills to Succeed corporate citizenship initiative, through which we are equiping 250,000 people by 2015 with the skills to get a job or build a business.

Learn more about microfinance

Why opt for a microcredit platform?

Through this partnership, Accenture allows you to get directly involved in a new engagement lever, which gives you:
  • The opportunity to lend little amounts of money to microentrepreneurs all around the world, who have decided to set-up their professional activities in a sustainable way;
  • The possibility to create a real Accenture community for the microfinance field, to share projects, desires and common ideas.

Why choose Microworld?

Since 2006, Accenture and Positive Planet (ex Planet Finance) have been partnering through pro bono or Accenture development partnership missions.

Accenture shares with Positive Planet the conviction that entrepreneurship is a strong lever for development of emerging countries. Additionally, in this partnership Positive Planet will bring its unique expertise in auditing and monitoring local MFIs (Micro Finance Institution) through its local offices and a dedicated department (PlaNet Rating).

MicroWorld chooses to lend money, rather than donate it, since this gives responsibility to micro-entrepreneurs and enables them to work in a more sustainable and effective way. While donation ends once it has been used, the loan is a continued help which comes with a set of services such as training and micro-entrepreneurs follow up. At the end, they will be capable of developing their activity on their own.

Through the Accenture-MicroWorld platform, we wish to demonstrate together that the Internet and the Information Technologies are very useful tools in the fight against poverty, and can be used in a tangible and pragmatic way to help micro-entrepreneurs develop successful businesses.