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ACCION USA

115 East 23rd Street, 7th Floor
Suite 300
New York, NY 10010

Contact: Laura Kozien, Director of Communications
Phone: (212) 387-0377
Fax: (212) 387-0277
URL: www.accionusa.org
Email: lkozien@accionusa.org
ACCION USA

Accion USA is a nonprofit organization that provides small businesses with loans of up to $50,000 dollars as well as other financial services to small business owners in order to increase assets, provide secure financial support for the family, and strengthen the community.

Program

ACCION USA offers loans of up to $50,000 and provides affordable alternatives to high-cost sources of capital. The loans are flexible making them available to a wide variety of borrowers. ACCION USA loans have competitive interest rates. In addition, ACCION USA provides minority small business loans as well as small business loans for women.

Client Population

ACCION USA serves small businesses and their owners. Over 80% of their clients are women, African-American, or Hispanic.

Impact

ACCION USA has provided over $115 million in over 18,500 loans to small businesses to provide them with the opportunity for growth. ACCION USA provides more than just loans, but as it creates economic opportunities, job creation and retention, taxable revenue, and increased family incomes are experienced. Sixty-one percent of ACCION USA clients reported an increase in income after a loan.

Story

ACCION USA
After fourteen years in the United States, Flor Diaz realized her dream of starting her own business. With the help from ACCION NY, Flor opened her own bridal shop in Queens, NY. Her loan helped her buy the fabric and other capital that she needed to increase her sales. She hopes that she will be able to continue working with ACCION and expanding her store. Full Story

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