ACCION

ACCION is a nonprofit organization based in Albuquerque that makes business loans and provides training to emerging entrepreneurs in rural and urban communities of New Mexico, Arizona and Colorado. Founded in 1994, ACCION has financed the start-up and growth of over 2,300 businesses in New Mexico with loans totaling more than $23 million. These small businesses have supported the creation of an estimated 3,700 new jobs. Between 60 and 65 percent of ACCION’s loans are made to low-income borrowers, 57 percent of who are minority entrepreneurs and 50 percent of who are women.