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Creating jobs, increasing
monthly income and generating
social return on investment.
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Independent research shows economic impact
The 2004 study, “Economic and Community Impact of ACCION Texas Lending” by Economist Jon Hockenyos of Texas Perspectives Inc. confirmed that for every dollar loaned by ACCION Texas, an additional 60 cents in new economic activity is created. Between 1994 and early 2011, ACCION Texas Inc.made $109.3 million in loans, which produced $175 million in new economic activity. ACCION Texas Inc.'s micro loans also create employment. ACCION borrowers sustained over 4,000 jobs and created almost 2,200 new jobs between June 1994 and 2008.
Click here for the 2009 update of the Economic Impact Study
The multiplier is enormous
The research study showed a 60% social return on investment. It sounds impressive – and it is. It means that every dollar lent creates an average of 60 cents annually in new economic activity.
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MOST RECENT FACT SHEET
ANNUAL REPORTS
990s
2009 AUDIT
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