# Low-Income Microfinance Associations RADIM Works in Buenos Aires to Support Economic Development By Tiana Reid | Published 2013-02-08 | Social Good Source: Trend Hunter, https://www.trendhunter.com/trends/radim References: [clearlyso](http://www.clearlyso.com/company/412/Red) & [reddemicrocredito.org](http://www.reddemicrocredito.org/) "RADIM seeks to build an association of sustainable microfinance institutions providing [credit to low income groups](https://www.trendhunter.com/trends/cadence-bank)," 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](https://www.trendhunter.com/trends/financial-accessibility) 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](https://www.trendhunter.com/trends/impact-investing). **Contact Information** RADIM [website](http://www.reddemicrocredito.org/) ## Trend Insights (Trend Hunter) - Score: 2.6/10 - Popularity: 21% | Activity: 50% | Freshness: 8% - Audience gender: 30% men, 70% women - Primary generations: Millennial, Gen X - Top markets: South America ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Social Good](https://www.trendhunter.com/socialgood) > [Social Business](https://www.trendhunter.com/socialbusiness) ## Key Themes ### Key Themes Behind This Trend - **Sustainable Microfinance:** Opportunity for creating an association of sustainable microfinance institutions to address poverty and create economic opportunities for marginalized sectors of society. - **Microfinance Expansion:** The expansion of microfinance and microcredit organizations, particularly in Latin America, and the potential to combine microcredit with the development of capital for workers. - **Poverty Alleviation:** The aim to alleviate poverty and create economic opportunities for marginalized sectors of society through microfinance and microcredit organizations. ### Where This Applies - **Financial Services:** Opportunity for the financial services industry to provide sustainable microfinance solutions to low-income groups. - **Social Enterprise:** Potential for social enterprises to partner with microfinance institutions to create economic opportunities for marginalized sectors of society. - **Non-profit Organizations:** Opportunity for non-profit organizations to work with microcredit and microfinance institutions to alleviate poverty and create economic opportunities for marginalized sectors of society. ## Related on Trend Hunter - [Citywide Digital Literacy Programs](https://www.trendhunter.com/trends/digital-literacy-program.md) - [Flexible Loan Services](https://www.trendhunter.com/trends/revolving-line-of-credit.md) - [Accessible Mobility Financing Initiatives](https://www.trendhunter.com/trends/accessible-mobility-financing.md) - [Rural Dairy Farm Initiatives](https://www.trendhunter.com/trends/dairy-farm1.md) - [Low Income-Targeted Payroll Platforms](https://www.trendhunter.com/trends/b9.md) - [Blockchain-Based Credit Scoring Solutions](https://www.trendhunter.com/trends/credit-scoring-solution.md) - [Modernized Banking Solutions](https://www.trendhunter.com/trends/amina-bank.md) - [Business-Oriented Banking Services](https://www.trendhunter.com/trends/mono-1.md) - [Income-Estimating Finance Tools](https://www.trendhunter.com/trends/rapidio.md)