body corporate industry microfinance founded 1991 headquarters new york area served united states key people joseph blatchford founder products financial services microfinance website http us.accion.org the accion u.s. network is an american nonprofit microfinance organization headquartered in new york ny . it is the largest and only nationwide nonprofit microfinance network in the u.s. 1 contents 1 about 2 member offices 3 20th anniversary 4 operational statistics 5 awards and acknowledgements 6 references 7 external links about edit the accion u.s. network is part of accion international a u.s. based nonprofit organization operating globally with the mission of giving people the financial tools they need to create or grow healthy businesses . 2 the domestic accion programs started in brooklyn ny and grew from there to become the first nationwide network microlender . member offices edit in addition to having lending offices in nearly 30 cities accion also offers online lending . its four member offices are accion east accion chicago accion new mexico arizona colorado accion san diego accion offers microloans 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 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 . 3 4 5 6 20th anniversary edit in 2014 accion celebrated 20 years of supporting small businesses in america . the anniversary marked 20 years of firsts with accion being the first microlender in the u.s. to provide credit reports to all three bureaus the first to provide online microlending and the first to provide nationwide underwriting . 7 operational statistics edit 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 . 2 in addition accion lends over 3.7 million to small businesses a month . accion works with groups that might not qualify for traditional financing such as women minorities and immigrants to give them the financial tools they need to build their business . 8 accion s most recent outcomes data from its 2013 microtracker survey which was conducted in partnership with the aspen institute and california microlender opportunity fund showed that 9 4.8 jobs were created or sustained on average by businesses with employees 97 % of businesses remained open one year after receiving a loan despite challenging economic times 47 % reported satisfaction with income earned from their business awards and acknowledgements edit since its inception accion has won numerous regional and national awards and acknowledgements for its success in microlending . collectively the member offices received the 1997 presidential award for excellence in microenterprise development as part of the accion u.s. network . 10 in addition they have been awarded several grants from the community development financial institution and the u.s. department of housing and development . awards include cdfi fund awards 4 star ratings from charity navigator the 2009 new york city neighborhood achievement award for minority women owned business enterprise advocate of the year the 2007 wells fargo next award for opportunity finance the 2007 small business advocate of the year award from the greater albuquerque chamber of commerce the novo award from the greater miami chamber of commerce the 2004 viva award for vision investment vitality and action from the new mexico association of commerce and industry the 2002 deutsche bank award for excellence in lending references edit weber sam . international microlender brings small business lending to u.s. merchants . pbs . pbs . retrieved 18 august 2014 . a b about accion . accion u.s. network . retrieved 18 august 2014 . the hartford commits 16 million to support small business success . the hartford . samuel adams brewing the american dream . samuel adams . accion u.s. network joins citi & institute for veterans and military families to offer strategic financing support for veteran entrepreneurs . citi group . retrieved 18 august 2014 . sam s club announces 2.5 million investment in women entrepreneurs . sam s club . retrieved 18 august 2014 . celebrating 20 years . accion u.s. network . arora rohit . getting the big picture on microloans . inc. retrieved 18 august 2014 . small loans big results microtracker outcomes study . accion u.s. network . retrieved 18 august 2014 . remarks on presenting the presidential awards for excellence in microenterprise development pdf . u.s. government printing office . retrieved 18 august 2014 . external links edit accion u.s. network accion east accion chicago accion accion new mexico arizona colorado accion san diego accion international retrieved from https en.wikipedia.org w index.php title accion u.s. network & oldid 742363652 categories microfinance organizationsfinancial institutionshidden categories pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a 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