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"Give a man a fish and he eats for a day; teach him to fish
and he eats for a lifetime." This maxim represents well what
ACCION New Mexico is all about. Their core mission is helping budding
entrepreneurs gain access to business credit. More importantly,
they provide training to small business owners that allows them
opportunity to become self sufficient.
ACCION New Mexico, founded in 1994, has financed nearly 1,000 businesses
in New Mexico with loans totaling more than $3.5 million. Well over
half of the loans issued by ACCION are given to low-income borrowers,
women and minorities. ACCION New Mexico prides itself on the ability
to provide these loans through vital partnerships with area lending
institutions. Collaborating banks often help process the loan information
and hand over loan checks right from bank branch offices.
Employees of ACCION are taught to provide confidentiality and respect
to each and every client. They are trained in ethical self-conduct
and behavior which allows them to become partners with the clients
they serve.
Loan officers help their clients think clearly about the next business
steps by offering advice and understanding. As one client put it,
"I know how ethical and hard working I am, but it didn't look
like it on paper. ACCION took the time to hear the whole story."
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