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financial literacy program offered in several languages. In addition, Accion’s national partnerships with Samuel Adams
Brewing the American Dream, Sam’s Club, Citi Salutes: Realizing Your Dream, and The Hartford: Communities with HART offer Accion’s clients a wide range of opportunities and support for growth, such as personalized business coaching, business seminars, and regional and national competitions.
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Accion offers micro loans and other financial services to low- and moderate-income entrepreneurs in the United States who are typically unable to access bank credit to start or expand their small business. Services offered include a small business loan program, a "Credit
Builder" loan program, and a
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The Accion U.S. Network is the largest of its kind in the United States, having made nearly 50,000 loans, totaling over $ 450 million with a 90% loan repayment rate as of
January 2014. In addition, Accion lends over $ 3.7 million to small businesses a month. Accion works with groups that might not
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Accion's 2021 Annual Report states that since its founding, Accion has helped build and strengthen more than 200 institutions operating across 63 countries. In 2021, Accion reported that its efforts provided more than 15 million people with access to credit through its partners, which positively
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Accion’s outcomes data from its 2013 microTracker survey, which was conducted in partnership with the Aspen
Institute and California microlender Opportunity Fund, showed that:
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373:"Accion U.S. Network Joins Citi & Institute for Veterans and Military Families to Offer Strategic Financing Support for Veteran Entrepreneurs"
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qualify for traditional financing, such as women, minorities, and immigrants, to give them the financial tools they need to build their business.
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In addition to having lending offices in nearly 30 cities, Accion also offers online lending. Its four member offices are:
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97% of businesses remained open one year after receiving a loan despite challenging economic times
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Accion San Diego (now re-named
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4.8 jobs were created or sustained on average by businesses with employees
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398:"Sam's Club Announces $ 2.5 Million Investment in Women Entrepreneurs"
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47% reported satisfaction with income earned from their business
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27:American microfinance organization
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