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

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Henry picks up cash to be a Lambda School for Latin America
Press Release • Dec 03, 2020
Henry closes US $1.5 million seed round led by Accion Venture Lab to provide technical education to students in Latin America
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Scaling up amid COVID-19 outbreak, Pintek closes additional investment led by Finch Capital
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Exclusive: TerraMagna Sows $2M Seed For Brazilian Farm Lending
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Joseph Blatchford (1934 - 2020)
Press Release • Nov 19, 2020
Gowri Thyagarajan Mukherjee and Luz Urrutia to receive Accion’s Edward W. Claugus Award for leadership and innovation in financial inclusion
Press Release • Nov 09, 2020
Eraj Shirvani Named to Accion Board of Directors
News • Nov 02, 2020
How tech investors in Africa coped with the changes enforced by COVID-19
News • Nov 01, 2020
2020-2021 IDEV roundtable: A conversation with Michael Schlein about the future of financial inclusion
Press Release • Oct 20, 2020
Inclusive Fintech 50 announces 2020 cohort of fintech startups driving financial inclusion and resilience
News • Oct 17, 2020
50 fintech startups driving financial inclusion and resilience
News • Sep 23, 2020
The HERoes top 50 advocate executive role models 2020
News • Sep 16, 2020
Experts seek increased investments in Africa’s agric devt

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