13 Biggest Microfinance Companies in the United States

6. Accion

Loans Disbursed: $500 Million

Founded in the 1960s by a UC Berkeley Law student, Accion has come a long way since its inception. Initially the services provided by the organization were to Latin America by a group of 30 Americans working in Venezuela. In 1991, Accion brought its money lending model to the United States to better the growing economic inequality in the country. Accion helps those who do not meet requirements for traditional bank loans due to reasons that may include damaged credit or small loan requests. They now have a reach across 41 states across the nation.

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