ACCION Chicago

1436 W Randolph St, Chicago, IL 60607 Directions
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From Our Editors

Due to the economic downturn in recent years, many entrepreneurs have faced increased difficulty in acquiring the financial support necessary to maintain or expand their businesses. In response, ACCION Chicago has redoubled its efforts, granting at least $2.1 million worth of loans to more than 300 small businesses in 2011, which resulted in the creation and retention of more than 750 local jobs. Most of ACCION Chicago's clients earn low to moderate incomes, and a majority are racial minorities or women. More than half of borrowers have reported a doubling or better of their businesses' incomes after receiving microloans from the organization.

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