FedEx and Accion
Originally published in FedEx's 2022 Global Entrepreneurship Report
In 2018, Accion and FedEx digitized Accion’s award-winning classroom business education program - Ovante - in Colombia. Digitalization made the program less expensive to deliver, more flexible, and more accessible. Ovante, has since expanded to over 6 countries in Latin America and currently reaches over 52,000 microentrepreneurs in the region, with plans to expand to Mexico in 2022. FedEx has also supported Ovante’s global expansion to India, where the platform is incentivizing micro - entrepreneurs to improve their businesses and join the formal financial system. Ovante in India launched in October 2021, and reached over 1,200 registered users by the end of the year.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $92 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its 600,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit about.fedex.com.
