Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner Description

Accion Texas Inc.will now be known as LiftFund. The name reflects its expanded mission to help small businesses gain access to capital not only in Texas but beyond. LiftFund also works in Alabama, Arkansas, Kentucky, Louisiana, Mississippi, Missouri and Tennessee.

LiftFund. is an award-winning nonprofit organization established in 1994 in San Antonio. LiftFund has helped Texas and Louisiana entrepreneurs strengthen their businesses, stabilize and increase their incomes, create employment, and contribute to the economic revitalization of their communities. Learn more at

Our Mission


To provide credit and service to small businesses that do not have access to loans from commercial sources, and to provide leadership and service to the micro lending field on a national level.

Our Services

--Individual business loans from $500 to $100,000 for existing and start-up businesses.

--Business lines of credit from $5,000-$50,000 for established businesses with two years of financial history.

We provide underwriting services for nine other nonprofits across the United States.

We also run the South Texas Women’s Business Center, whose mission is to educate, support, and strengthen women and small business entrepreneurs in establishing and expanding their businesses through quality business technical assistance, counseling, and advocacy.

Our Impact

--LiftFund’s micro loans create employment.  Since 1994, LiftFund has helped to create or sustain more than 13,000 jobs.

--Between 1994 and 2012, LiftFund made $139 million in loans.

--A 2009 study shows that $93.6 million in LiftFund loans made between 1994 and 2009 produced $173.8 million in new economic activity, including earnings (payroll) of $55.2 million and state and local tax revenue of $10.1 million. These results represent a 60 percent social return on investment – every dollar loaned creates an average of 60 cents annually in new economic activity.

--The 2009 study also shows that those businesses that received a microloan with LiftFund had a 74 percent survival rate, compared to 30 percent of firms that survived overall within the data.

--After three small loans with LiftFund, clients increase business equity by 22%, bring in 67% more in monthly business profits and increase take home pay by 44%.

Why Microlending in the U.S.?


Microlending—providing access to capital to those who are unable to access bank credit—is becoming an increasingly important strategy for helping low and moderate-income families. Income inequality continues to increase in the United States. Recent IRS data show that in 2005, the top 10 percent of Americans collectively earned almost as much as the bottom 50 percent of Americans. The poorest 20 percent of the population has only seen their real income increase by about 5 percent in the last 15 years—from $13,900 to $14,700. These families are finding it harder and harder to build a secure financial future—one with stable employment, a living wage, health insurance, savings, and homeownership.  

To gain greater control over their working lives, many families are turning to microbusiness. Research tells us that at least 1.8 million low income entrepreneurs do not have access to microfinance products. The demand is greater than ever. For the past year, LiftFund has been lending up to $1 million every month in microloans. We are disbursing capital as fast as we can get it! Across the country new and established microentrepreneurs can create stronger businesses and a brighter future with access to capital.

Microloans impact families and communities

It’s easy to see how a micro loan ripples across families, communities, and even generations. Our loans

--create jobs

--promote income stability

--improve credit scores

--help customers become bankable

--encourage new home ownership

They also benefit children who see at an early age how business works, becoming more likely to pursue higher education as family income grows.

How to get involved

Join the LiftFund lending team

Donate to LiftFund



Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Oct 20, 2010 Oct 12, 2005
Total Loans $2,050,325 $751,620,750
Amount of raised Inactive loans $0 $639,550
Number of raised Inactive loans 0 1,371
Amount of Paying Back Loans $384,725 $131,711,300
Number of Paying Back Loans 69 153,645
Amount of Ended Loans $1,665,600 $619,269,900
Number of Ended Loans 312 767,591
Delinquency Rate 5.73% 8.11%
Amount in Arrears $9,736 $6,902,151
Outstanding Portfolio $169,947 $85,129,649
Number of Loans Delinquent 32 23,047
Default Rate 19.13% 1.26%
Amount of Ended Loans Defaulted $318,697 $7,793,859
Amount of Ended Loans $1,665,600 $619,269,900
Number of Ended Loans Defaulted 81 21,129
Currency Exchange Loss Rate 0.00% 0.33%
Amount of Currency Exchange Loss $0 $2,478,516
Refund Rate 0.75% 0.66%
Amount of Refunded Loans $15,400 $4,973,325
Number of Refunded Loans 3 5,474

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 43.74% 74.49%
Average Loan Size $5,379 $416
Average Individual Loan Size $5,379 $649
Average Group Loan Size $0 $1,847
Average number of borrowers per group 0 7.9
Average GDP per capita (PPP) in local country $54,800 $5,949
Average Loan Size / GDP per capita (PPP) 9.82% 6.99%
Average Time to Fund a Loan 10.95 days 6.63 days
Average Dollars Raised Per Day Per Loan $491.11 $62.65
  Average Loan Term 28.07 months 10.84 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 69 370,802
  Journaling Rate 20.14% 41.20%
  Average Number of Comments Per Journal 0.41 0.06
  Average Number of Recommendations Per Journal 0.12 1.49

Borrowing Cost Comparison (based on 2012 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 17% PY N/A 31.04% PY
  Profitability (return on assets) 0.7% N/A -0.86%
  Average Loan Size (% of per capita income) 33.80% N/A 19.24%

Country Fast Facts

Field Partner Staff

Justin Allen
Janie Barrera
Brooke Cain
Mary Esther Hernandez
Arianne Evans
Gabriela Gonzalez
Michael Leos
Virginia M. Torres
Reid Martens
Olga Martinez
celina pena
Nelly Rojas
Angie Sanchez
Vanessa Sanchez
Kay Simpson
Ken Slavin
Elvira Valles