"RADIM seeks to build an association of sustainable microfinance institutions providing credit to low income groups," writes ClearlySo on its web directory of social enterprises. "Its social aim is to address poverty and create economic opportunities for marginalised sectors of society."
Based in Ciudad Autonoma de Buenos Aires in Argentina, RADIM works with a variety of organizations including Omla tu oportunidad, Cordial Negocios, Alternativa, Banco Mundial de la Mujer and Emprenda Grupo in order to further its mission. While microfinance and microcredit organizations are typically thought of as having started in Bangladesh with the lead of Muhammad Yunus, it has expanded around the world and especially in Latin America. Often, as is the case with RADIM, microcredit is combined with the development of capital for the workers.
Low-Income Microfinance Associations
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