Accion

ACCION, the largest microlender in the U.S. according to its founder, is in the process of opening an office in Alexandria. ACCION offers loans of $500 to $100,000. The average loan size is $12,000.

The local office is being funded through a grant from the Rapides Foundation and matching funds from the City of Alexandria and Red River Bank. The Rapides Foundation grant is $150,000 annually for three years. The city is providing $50,000 toward operating expenses and $200,000 to the loan fund. Red River Bank is providing $25,000 toward operations and $200,000 to the loan fund. Office space is being donated in the Central Louisiana Business Incubator on Wimbledon Drive.   Accion Web Site

Local contact: Michael Caffery, Loan Officer   Mcaffery@acciontexas.org   

cell phone:  (318) 529-0173

office phone: (888) 215-2373, ext. 1560

Warning

Please be advised that the website, ACCIONNOW.COM, claims to provide loans and is seeking personal information. This website and its organization have no connection to ACCION USA, despite the illegal use of our ACCION name and mailing address. We have reported this to the authorities but ask that you call us at 866-245-0783 to report any suspicious requests for information.