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A global pioneer and leader in microfinance, Accion was found in 1961 and has to-date helped build 63 microfinance institutions in 32 countries on four continents.
As of June 2015 those institutions were collectively serving 4.73 million people with microloans and 4.8 million people with savings products.
Apart from making equity infusion in Worldsun Micro Finance, Accion also provides key management talent support and extensive high quality technical assistance.
They have also provided grant support for strengthening the company.
With support from Credit Suisse, Accion also provides free and regular capacity building interventions at Worldsun Micro Finance.
Setup in 2011, Pragati India Fund is an India focused private equity fund investing in small and medium sized companies with strong entrepreneurial and management capabilities.
Pragati partners with businesses based out of North & Central India that are looking to grow, and works with them by providing capital and operational support.
The fund has commitments from Commonwealth Development Corporation (CDC, the investment arm of the UK Government) and International Finance Corporation (IFC, the private sector arm of the World Bank).
As of date, the Pragati portfolio has become a part of CDC„s India operations.