- Program Education
- Program Area Special Initiatives
- Grant Amount $200,000
- Grant Period January 1, 2005–December 31, 2005
- Location New York, NY, United States
- Geographic Focus United States
About this grant
This grant will enable ACCION USA to continue working to build healthy and vibrant communities by providing credit and business training to low- and moderate-income entrepreneurs. Currently, there is an increasing demand for micro-finance services throughout the U.S. and the need for a model to help micro-enterprise programs be more successful.Funding will help ACCION focus on improving its ability to attract and retain clients through new products and better efficiency; modifying and building infrastructure such as Web-based and loan-serving technology; developing strategic national and regional partnerships; refining micro-finance performance standards across its U.S. programs; and fine-tuning its business-expansion model and expanding to three new locations.ACCION USA was established in 1991 by ACCION International, a world pioneer in micro-lending.