What is Accion?
I had never heard of Accion before Kelly announced that it would be the Business Channel charity for our great Blog-OFF today. So I wanted to find out more about it:
ACCION International is a private, nonprofit organization with the mission of giving people the financial tools they need―microenterprise loans, business training and other financial services―to work their way out of poverty. A world pioneer in microfinance, ACCION was founded in 1961 and issued its first microloan in 1973 in Brazil. ACCION International’s partner microfinance institutions today are providing loans as low as $100 to poor men and women entrepreneurs in 25 countries in Latin America, Asia, Africa and the United States. In the last decade alone, ACCION partners have disbursed more than 17.9 million loans totaling more than $12.3 billion; 97 percent of the loans have been repaid. Selected for the fifth consecutive year for its pioneering approaches to poverty alleviation, ACCION was among 45 organizations awarded the 2008 Social Capitalist Award by Fast Company magazine. ACCION has also been awarded Charity Navigator’s highest rating―four stars―for efficiency and sound fiscal management. For more information, visit www.accion.org.
Accion financial information is available online.
You can make a donation directly to Accion on behalf of the Great Blog Off!: (http://www.accion.org/b5media). Donations are tax deductible.
Tags: Accion, b5media, business channel, Great Blog OFF!Related Stories
POSTED IN: Boomers helping others, Great Blog OFF!
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