Opportunity Fund and Accion in the U.S, two microfinance organizations, have teamed up to campaign together in the Job Raising Challenge. On our own, we’re each transforming opportunity into jobs and growth in underserved communities by providing microloans directly to the business owners who need them most. And together, we’re a national voice for small businesses and the critical role they play in driving economic change.
We’re microfinance innovators, community changers, but above all, we are job creators. Each loan, which averages just $10,000, that we directly provide to a small business with employees supports or creates over 5 jobs on average (5.6 if you’re being exact). That’s 2 moms better prepared to provide for their kids and 3 college grads that can launch their careers. Or, an unemployed dad getting back into the workforce and 4 members of a lower income community who can boost their income. But however you divide the opportunity that 5.6 jobs creates, it’s real impact you can’t deny.