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ACCION New Mexico
20 First Plaza, N.W., Suite 417Albuquerque NM, 87102-3391
CDFI Awards for ACCION New Mexico
FA (2008) - $1,072,236
ACCION New Mexico is a certified CDFI in operation since 1994. Accion New Mexico is a nonprofit microenterprise development organization offering micro loans, small business loans, and technical assistance to emerging entrepreneurs. Accion New Mexico will use the FY08 Financial Assistance award of $1,000,000 to increase its lending capacity and its FY08 Technical Assistance grant of $72,236 to: 1) cover a portion of staff salary; 2) to cover a portion of technology upgrades; and 3) to cover postage for marketing materials.
FA (2006) - $585,000
ACCION New Mexico (ACCION-NM) is a certified CDFI established in 1994. ACCION-NM provides access to business credit and training to micro-enterprises. ACCION-NM will use the $585,000 Financial Assistance Award to expand its micro-business lending thereby serving a greater share of its mostly rural Low-Income Target Market.
CORE (2002) - $500,000
The CDFI Fund"s $500,000 loan will allow ACCION New Mexico to significantly expand its Lending both in its existing and new markets, increasing capital available to low-income and other underserved microentrepreneurs in rural and urban New Mexico. A $50,000 technical assistance grant will offset the cost of technology upgrades including voice mail and an intranet system, improving ACCION New Mexico"s internal efficiencies and ability to manage an increased client base.
CORE (2001) - $550,000
The CDFI Fund"s $500,000 loan will allow ACCION New Mexico to significantly expand its Lending both in its existing and new markets, increasing capital available to low-income and other underserved microentrepreneurs in rural and urban New Mexico. A $50,000 technical assistance grant will offset the cost of technology upgrades including voice mail and an intranet system, improving ACCION New Mexico"s internal efficiencies and ability to manage an increased client base.
Other Community Development Financial Institutions in New Mexico
ACCION New Mexico
Albuquerque
Everyone"s Federal Credit Union
Tucumcari
Finance New Mexico, LLC
Santa Fe
Homewise, Inc.
Santa Fe
New Mexico Community Capital
Bernalillo
New Mexico Community Development Loan Fund
Albuquerque
San Juan Tribal Council
San Juan Pueblo
Santa Fe Community Housing Trust
Santa Fe
Women"s Economic Self-Sufficiency Team
Albuquerque
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