1. ACCION USAMicrofinance at Work in theUnitedStates

2. Our Mission ACCION USA empowers entrepreneurs to invest in their business, family and community through financial literacy and capital.

3. Fast Facts about ACCION USA History: Pilot program in Brooklyn, NY in 1991 Branch Locations: New York, Boston, Atlanta, Miami and Internet loans Dollars lent: 122 Million Loan size: $500-$50,000; average $7,500 Interest rates: 8.99-15.99% Historical Repayment Rate: Over 92% repayment

4. Portfolio Demographics 65% Latino 20% African American 40% Women

5. ACCION USA Portfolio

7. 90% are minority

8. 75% have lived in U.S. over 10 years

9. 38% are home-based businesses

10. 45% are first-time borrowers65% Latino 20% African American 40% Women Source: 2009 Impact Study and ACCION USA Portfolio as of 12/31/2010

12. Some industries are considered to be high risk

13. Lack of financial documentation or records

14. Business is informal—no commercial track record

15. Loan amount needed is too small

16. Language BarriersSource: Field Program (The Aspen Institute)

17. The need for microfinance in the U.S. 40 million households (106 million people) have limited access to mainstream financial institutions in the U.S. and 28 million people are completely unbanked. Microenterprises (5 employees or less) account for approximately 18% of employment in the U.S. and create 900,000 jobs a year. Predatory lenders charge average annual interest rates over 300%— and accounted for over $42 billion in loan volume in 2008.

18. Loan Requirements Have a credit score of 575 or more. Have not have declared bankruptcy in the past 12 months or foreclosure in the past 24 months Have not had any late rent or mortgage payments in the past 12 months Be up-to-date on all bills Not have more than $3,000 in past due debt, generally acquired under emergency circumstances (such as layoff or illness) Exhibit steady cash flow and the ability to support monthly loan payments. Be able to provide a cosigner, if needed If you have a mortgage, it must be fixed-rate or an adjustable rate mortgage that does not adjust during the term of the loan.

19. Loan Process STEP 2:. Formal Pre-Approval Process and begins Loan Application STEP 1: Make Connection And Pre-Screen Client STEP 3: Client submits complete loan application. Loan Consultant interviews the client. STEP 6: Loan Enters Repayment STEP 4: Loan Application is sent to Underwriting Team STEP 5: Underwriter Approves Loan and Loan is Dispersed

20. Our Impact We create sustainable businesses: The business survival rate among ACCION USA clients is 98% for established businesses and 89% for start-up businesses. We create employment in low-to moderate-income communities: On average, each ACCION USA small business loan recipient creates 3 jobs (including the borrower). We create fair wages: Jobs created by ACCION USA borrowers pay 33% more ($10.80/hour) than the federal minimum wage ($7.25/hour). We improve their quality of life: Clients reported a 19% median increase in take-home pay in the midst of economic distress. Source: 2010 MicroTest Outcomes Survey in partnership with the Aspen Institute

21. Stories of Success-Partnerships Luis Zepeda Alvarez An ACCION USA borrower featured on Kiva 1 The Small Business Share of GDP, Katherine Kobe, Economic Consulting Services, LLC; 2 The Small Business Administration (2006)

22. How to be involved? Attend the Microfinance USA conference in New York City, May 23-24th 2011- Register today! Tell business owners about ACCION USA- they can apply online at www.accionusa.org Sign up for our news about upcoming events and important news in microfinance!