1960s

Accion's Early Days

Accion was founded in 1961 by a UC Berkeley law student. We began with hands-on work in Latin America; the first group of 30 Americans worked in urban centers around Venezuela.

1970s

Microlending

By the early 1970s, Accion’s leaders were beginning to focus on the lack of economic opportunity in Latin American cities and began issuing small loans.

1980s-90s

Expansion

Over the next decade, Accion helped start microfinance programs in 14 countries in Latin America with a loan repayment rate of 97 percent.

2000s

Expanding Globally

Throughout the 2000s, Accion extended operations into India, Sub-Saharan Africa, and established the Center for Financial Inclusion (CFI) — an action-oriented think tank.

2010s

New Initiatives & Programs

Accion launched its seed-stage investment initiative Accion Venture Lab and participated in the launch of the Accion Frontier Inclusion Fund.

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Latest news

Press Release • Mar 20, 2020
Global nonprofit Accion recognized by ImpactAssets 50 2020
Press Release • Mar 11, 2020
Investors back Field Intelligence on transforming healthcare supply chain
Press Release • Mar 11, 2020
Opportunity Fund and the Accion U.S. Network combine efforts to drive small business access to credit and advisory services in the U.S.
Press Release • Mar 09, 2020
Khazna, an Egypt-based fintech startup, raises seed funding round led by Algebra Ventures, with participation from Accion Venture Lab
Press Release • Mar 04, 2020
Quona Capital Closes Second Fund with $203 Million Aimed at Financial Inclusion in Emerging Markets
Press Release • Feb 20, 2020
Prayaan Capital raises seed funding from Accion Venture Lab to support digitization and credit access for India’s MSMEs
News • Jan 30, 2020
PODCAST | Making the case for global financial inclusion
News • Jan 29, 2020
Neobank Joust Targets Freelancers With New App
News • Jan 29, 2020
Flexible financing gives venture capital a run for the money in Latin America
News • Jan 28, 2020
Fintech startup Joust launches a new banking app for freelancers and self employed workers
News • Jan 28, 2020
Accion's Michael Schlein on Financial Inclusion, Fintech & Impact Investment Sceptics
News • Jan 27, 2020
Catalyst Fund raises $15m from JP Morgan and UK Aid for emerging market fintechs
News • Jan 20, 2020
Catalyst Fund gets $15M from JP Morgan, UK Aid to back 30 EM fintech startups
News • Jan 16, 2020
Accion sells stake in Aye Finance to A91 Partners
News • Jan 16, 2020
Aye Finance Investor Accion Sells Its Stake To A91 Partners

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Accion Financials and Annual Reports

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