ACCION International · Boston, MA United States
Company Description
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This group helps people take action to help themselves. ACCION International, Spanish for "action," gives the poor the means to achieve economic independence by providing micro loans for starting small businesses. Enterprises are typically making and selling food, sewing clothing, or growing and selling produce. The organization works with lenders to support programs in about 20 countries in Africa, Asia/Pacific, the Caribbean, and Latin America. It loans about $5 billion each year to nearly 3 million people. First-time loans average about $600 each. The program's repayment rate is more than 97%. ACCION was formed in 1961 to fight poverty in Latin American cities. To read the full description, subscribe now.
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Key ACCION International Financials
| Company Type | Private - Not-for-Profit Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $20.0 |
| Employees | 90 |
ACCION International Executives
29 executives listed for ACCION International's Boston, MA location.
| Title | Name & Bio | Contact |
| Chair | Diana Taylor | Network |
| President and CEO | Michael Schlein | Network |
| Chief Programs Officer | Carlos Castello | Network |
Competition
Competitive Landscape for ACCION International
The revenue of these organizations depends on consumer income and corporate profits. The long-term viability of individual organizations depends on strong marketing and public perceptions of usefulness. Large organizations have advantages in name recognition. Small organizations can compete successfully through superior marketing or by having a wealthy sponsor. To read the full description, subscribe now.Top ACCION International Competitors
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