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Accion’s outcomes data from its 2013 microTracker survey, which was conducted in partnership with the Aspen Institute and California microlender Opportunity Fund, showed that: [8] 4.8 jobs were created or sustained on average by businesses with employees
Accion Opportunity Fund. The Accion Opportunity Fund grants small business loans ranging from $5,000-$250,000, along with educational resources, coaching, and support networks in both English and ...
Accion Opportunity Fund strives to offer loans to small business owners edged out of traditional financing, potentially including applicants with bad credit. It does so while providing low ...
The program is managed by the Accion Opportunity Fund, a nonprofit that offers a business loan and additional resources to support small business owners who belong to groups that have historically ...
Other examples of microlenders are Kiva, a hybrid peer-to-peer lending and crowdfunding platform, and Accion Opportunity Fund, a microlender geared toward disadvantaged businesses. Business credit ...
Accion and its partners developed a lending method that met the needs of microenterprises. The ability to cover costs, augmented by Accion's new loan guarantee fund, the Bridge Fund, enabled Accion's partners to connect with the local banking sector and dramatically increase the number of microentrepreneurs they reached. [24]
Accion Opportunity Fund. SBA startup business loans. The Small Business Administration (SBA) backs small business loans — known as SBA loans — to help companies cover large purchases and ...
A startup loan is designed to fund the initial expenses and growth of small businesses. ... Accion Opportunity Fund offers microloans from $5,000 to $250,000 with interest rates from 8.49 percent ...