Invest in Local Communities
As seen in New York magazine's "Eighteen Ways to Blow Your Tax Return"
Without a credit history many immigrant, minority and low-income entrepreneurs struggle to keep their doors open. ACCION provides hard-working entrepreneurs shut out of the financial system with the opportunity to build a business that provides for their families.
Worldwide and at home in New York City, small loans have the power to change lives. Your $600 donation will help provide a struggling small business owner with his or her first formal loan, empowering the recipient with the financial tools needed to build a business, provide for a family and incite positive community change.
Make a difference in the life of an individual
ACCION's borrowers are your local street vendors, favorite salon or neighborhood deli-mart. Meet the entrepreneurs who are transforming loan capital into positive personal and community change, and help us empower more individuals with your donation:
Additional Success Stories
Make a difference in New York City
The New York City Commission for Economic Opportunity has cited microfinance as a viable poverty alleviating strategy in New York City. Your donation will help:
- Create employment: Each loan ACCION provides creates or maintains over two jobs in predominantly low-income and minority communities. Last year alone, ACCION borrowers contributed over 2,600 jobs in the metropolitan region.
- Increase local incomes: 55 percent of ACCION's borrowers report increased take-home pay from their businesses, allowing then to save for education, child-care and other essential family expenses.
- Fight predatory lending: Access to formal credit protects minorities and immigrants, those most susceptible to unfair lending practices, from becoming victims of predatory and sub-prime lending practices.
Get Involved
Join ACCION New York and New Jersey's Advisory Council at a fundraiser and cocktail hour on May 13th. More information and registration
Learn more about the Advisory Council