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Capacity Building

ACCIÓN USA - Massachusetts

  • 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.