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.
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.
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.