Acción Texas Inc.: Texas Investment Profile


Investment Summary


Investment Market :      San Antonio, Texas
Type of Investment :     Debt
Date of Investment :     7/15/2011
SCF Investment :          $25, 000
SCF Investment Term :         3 years
Organization Loan Average:  $12,000
Organization Loan Term:       36 months


Investment Narrative

SCF is supporting ACCIÓN Texas-Louisiana, one of the industry leaders in the US microloan industry, in order to ensure low-income business owners have access to capital and that Acción’s highly successful programs are able to continue to expand into new regions. SCF has targeted its investment funds to benefit small-business loans to low-income business owners in the city of San Antonio, Texas.


Area Needs Profile

Persons below poverty level: 18.9%
Median household income: 87%
Unemployment: 7.3%


Recipients and Organizational Profile

Recipients:  ACCIÓN TX-LA’s loan recipients are low income small business owners and historically have been up to 84% minorities and 50% to women.


Organization:  ACCIÓN Texas-Louisiana is an award-winning nonprofit organization established in 1994 in San Antonio, TX. ACCIÓN TX-LA has helped entrepreneurs strengthen their businesses, stabilize and increase their incomes, create employment, and contribute to the economic revitalization of their communities. ACCIÓN TX-LA’s micro loans create employment – almost 2,200 new jobs have been created and 4,000 sustained between June 1994 and 2009. In this timeframe, it also made $93.6 million in loans which produced $173.8 million in new economic activity including earnings (payroll) of $55.2 million, state and local tax revenue of $10.1 million–these results represent a 60% social return on investment.


“SCF’s investment in Acción’s microfinance programs in Texas ensures that capital is made available to our low-income borrowers, and also supports our organizational goals to grow our geographic footprint.”

– Janie Barerra, President and CEO