Support Small Business Owners in the U.S.

by ACCION USA

Summary

ACCION USA offers low- and moderate- income entrepreneurs and individuals crucial access to economic opportunity by providing them with small loans and financial education.
$1,819
total raised
27
donors
0
monthly donors
6
years active

Challenge

Many low-to moderate- income individuals, who are often excluded from jobs due to cultural and educational barriers, turn to entrepreneurship to support their families. However, cultural and financial difficulties and stricter lending policies keep loan denial rates high for these individuals, forcing them to finance through high-interest, high fee sources. Through microcredit, ACCION USA answers the need for a viable alternative and provides thousands of entrepreneurs with access to credit.

Solution

ACCION USA provides small loans to help entrepreneurs build businesses, personal loans to help individuals improve their credit histories, and financial education to equip all clients with the tools to manage their personal and business finances.

Long-Term Impact

ACCION USA loans build communities. Our loans fund simple but crucial business developments, such as new employees or supplies, and this initiates a ripple effect of job creation, increased family income, and overall community development.

Additional Documentation

This project has provided additional documentation in a PDF file (projdoc.pdf).

Resources

http:/​/​www.accionusa.org
ACCION USA Website
Microfinance isn't charity; it's a chance
Find an entrepreneur in your neighborhood!
The need for microfinance in the United States

Organization Information

ACCION USA

Location: New York, NY - USA
Website: http:/​/​www.accionusa.org
ACCION USA
Project Leader:
Shaina Peterson
Boston, MA United States

Retired Project!

This project is no longer accepting donations.
 

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