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ACCION International
 
 
Mission statement: 

ACCION International is a private, nonprofit organization with the mission of giving people the financial tools they need to work their way out of poverty. By providing “micro” loans, business training and other financial services to poor men and women who start their own businesses, ACCION helps people work their way up the economic ladder, with dignity and pride.
Overview: 

We invite you to explore the following pages to learn more about ACCION's leadership – men and women at the forefront of the microfinance industry – whose energy and enthusiasm are behind our every effort in the fight against poverty. In addition to our Board of Directors and Management Team, ACCION is fortunate to count among its leadership ranks the President's Council, composed of dedicated supporters who lend their financial and professional resources to ACCION's mission. Under Key Statistics you will find ACCION's worldwide results at-a-glance – proof of the giant strides ACCION and its partners are making towards financial inclusion for all. Finally, click on Financial Information and Annual Reports for important financial disclosures and key messages about ACCION's work to date.
Vision: 

ACCION pursues a vision in which all people have access to a range of high-quality financial services that enhance their economic potential and the quality of their lives. It has been estimated that it would cost over $250 billion to bring financial services to 500 million poor people. Our current objective is to help provide 6 million of those people, nearly double the number of people we currently serve, with access to microfinance by 2011.
History: 

ACCION International was founded in 1961 to address the desperate poverty in Latin America's cities. Begun as a student-run volunteer effort in the shantytowns of Caracas, Venezuela, ACCION today is one of the premier microfinance organizations in the world, with a network of lending partners that spans Latin America, Africa, Asia and the United States. Over the last four decades, ACCION has built a tradition of developing innovative solutions to poverty. Though ACCION's approach has changed over the years, the driving force behind our mission remains the same.

It is still the people we serve – hardworking,men and women left behind by the world’s economic systems – who shape our work. It is their courage and ingenuity, and the tremendous power of their dreams that continues to inspire us in the search for better solutions to global poverty.
1960s: ACCION's Early Days
1970s: Microlending Begins
1980s: Expanding Opportunity – Building a Model
1990s: Bringing Microfinance Home – The U.S. Initiative
2000: New Millennium, New Horizons
KEY Facts: 

ACCION's goal is to bring the full range of financial services – including "micro" loans – to ever increasing numbers of people to have an impact on world poverty. Over time, ACCION has helped build 62 microfinance institutions in 31 countries on four continents. Those institutions are currently reaching 4.9 million clients. Since the inception of its pilot program in 1991, the U.S. ACCION Network has loaned nearly $277 million to over 24,000 clients and currently serves more than 5,100 active borrowers in 46 states. The U.S. ACCION Network is the largest microfinance network in the country.


 
 
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