ACCION International is a private, nonprofit organization with the mission of giving people the financial tools they need―microenterprise loans, business training and other financial services―to work their way out of poverty. A world pioneer in microfinance, ACCION was founded in 1961 and issued its first microloan in 1973 in Brazil. ACCION International's partner microfinance institutions today are providing loans as low as $100 to poor men and women entrepreneurs in 25 countries in Latin America, Asia, Africa and the United States. In the last decade alone, ACCION partners have disbursed more than 17.9 million loans totaling more than $12.3 billion; 97 percent of the loans have been repaid. Selected for the fourth consecutive year for its pioneering approaches to poverty alleviation, ACCION was among 43 organizations awarded the 2007 Social Capitalist Award by Fast Company magazine. ACCION has also been awarded Charity Navigator's highest rating―four stars―for efficiency and sound fiscal management. For more information, visit www.accion.org.
Press Release ACCION Welcomes New Board Chair and Members
Press Release Obama Administration Nominates Microfinance Leader as U.S. Under Secretary of Global Affairs, Department of State
Press Release Microfinance Leaders Join International Steering Committee of the Campaign for Client Protection in Microfinance
Press Release 'Lend to End Poverty' Campaign Calls On World Economic Forum to Prioritize Microfinance
Press Release Microfinance Leader Launches New Hub in Africa
Press Release Microfinance Leaders Launch Campaign for Client Protection at Clinton Global Initiative
Press Release New Center to Foster Financial Inclusion of World's Poor Through Private-Sector Engagement
Press Release Charity Navigator Awards ACCION Coveted 4-Star Rating
Press Release ACCION Invests in Tanzania's Akiba Commercial Bank
Press Release Standard Chartered, ACCION Call for Greater Capital-Market Engagement to Fund South Asian Microfinance
Press Release ACCION Investments in Microfinance Supports Launch of Bancovelo, Honduras's Leading Commercial Microfinance Bank
Press Release Head of ACCION USA to Retire
Press Release Putumayo World Music Releases New CD to Benefit ACCION
Press Release ACCION Named One of CREDO Mobile's Charities of Choice
Press Release ACCION Releases 'Model for Social Change'
Press Release ACCION USA Reaches $25 Million Microloan Milestone
Press Release ACCION Extolled for Social Entrepreneurship
Press Release ACCION Debuts New Film about Microfinance
Press Release Microfinance Pioneer ACCION Launches New Website
Press Release Microfinance Pioneer Launches Boston Seminar Series
Press Release ACCION President and CEO Honored for Leadership
Press Release ACCION International Joins with Harvard Business School in Second Annual Microfinance Leadership Program
Press Release MicroFinance Network Endorses New Governance Guidelines
Press Release Microfinance Investment Comes of Age: Credit Suisse and ACCION Sponsor Capital Markets Conference