Last updated February 14, 2013

Partner Description:

Accion San Diego  is a nonprofit microfinance and community development financial institution providing business support services and loans ranging from $300 to $35,000 to entrepreneurs in San Diego County, California.

See all loans from this Field Partner >

The organization’s mission is to create economic opportunity for primarily low-to-moderate income business owners who lack access to traditional sources of credit. Through business loans and support services, it strengthens the roots of emerging entrepreneurs and helps them thrive in their communities, creating social and economic change.

Over 90% of the businesses in San Diego qualify as small businesses. And when these local small businesses do well, local jobs are created and communities grow stronger. With the average unemployment rate in San Diego hovering a full percentage point over the national average, there is an even greater need for self-employment options, like starting a small business with the help of Accion’s loan program.

Jinny used her $10,000 Kiva loan to keep her sushi restaurant open and growing!

A unique lending approach

Accion seeks to champion and empower entrepreneurs by giving them the opportunity to achieve their small business dreams.  
Each loan officer works personally with clients to get to know their needs and walk side-by-side with them every step of the way, from the initial application through the life of the loan.

Many of the San Diego entrepreneurs Accion serves start out with no credit history, are looking to rebuild their credit, have limited financial footing, or are operating businesses like startups and home-based shops to which traditional banks are unlikely to lend. They rely on Accion for the small, more flexible loans that it uniquely provides, and its one-on-one lending approach that considers character and other business strengths in addition to credit history.

Accion’s education-based approach to micro-lending also distinguishes its loan program. The institution conducts small business workshops 5 to 6 times a year on marketing, finance, credit, human resources and legal topics. And, as part of its loan process, it requires mandatory sessions for clients with small business development counselors to review their personal financial and credit educations.

These workshops and resources are provided both in-house by Accion San Diego and in collaboration with a strong network of local organizations that share its values. These local partners include: the City of San Diego Office of Small Business, the Small Business Development Center (SBDC), Service Corps of Retired Executives (SCORE), the Foundation for Women and others.

Accion’s impact

Since its launch in 1994, Accion has provided financing for over 1,700 San Diego entrepreneurs.  Each of these loans represents a real business owner who is now able to expand their business, provide more for their family, and add jobs to the local economy.  From lobster fishermen to in-home fashion designers, Accion’s clients reflect the community’s rich diversity.  Other figures that reflect the organization’s impact include:

-Over 2,900 loans totaling more than $18 million made since 1994.
-Over $2.07 million loaned to small business owners in 2012 alone.
-45% of Accion San Diego’s clients are women.
-More than 60% of clients are ethnic minorities.
-An active loan portfolio of $3 million as January 2013.
-Over 1,000 jobs generated and/or maintained by clients in San Diego every year.

A local organization with a global footprint

Accion San Diego is a member of the Accion USA Network, the largest and only nationwide micro- and small-business lending network in the United States. Thousands of business owners nationwide count on Accion for crucial capital and access to financial services they need to keep their businesses working and growing. Globally, Accion is a pioneer in microfinance, reaching millions of individuals through its international network of partners.

Get more involved with Accion San Diego

- Meet a few Accion clients and read their stories.
- Keep in touch by signing up for Accion’s newsletter.
- Follow Accion on Facebook and Twitter.
- Donate directly to Accion’s work in San Diego.

Interested in applying for a small business loan? Visit or call 619-795-7250.

Kiva HelpRepayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Sep 4, 2012 Oct 12, 2005
Total Loans $446,850 $535,743,725
Amount of Raised Inactive Loans $0 $325,675
Number Of Raised Inactive Loans 0 364
Amount of Paying Back Loans $404,850 $108,847,475
Number Of Paying Back Loans 66 112,638
Amount of Ended Loans $42,000 $426,570,575
Number Of Ended Loans 8 548,146
Delinquency Rate 0.61% 3.61%
Amount In Arrears $1,834 $2,527,996
Outstanding Portfolio $300,286 $70,107,758
Number of Loans Delinquent 5 12,066
Default Rate 9.33% (See Note) 1.02%
Amount of Ended Loans Defaulted $3,919 $4,346,140
Amount of Ended Loans $42,000 $426,570,575
Number Of Ended Loans Defaulted 1 14,095
Currency Exchange Loss Rate 0.00% 0.05%
Amount of Currency Exchange Loss $0 $294,028
Refund Rate 0.00% 0.82%
Amount of Refunded Loans $0 $4,415,650
Number Of Refunded Loans 0 4,862

Kiva HelpLoan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans To Women Entrepreneurs 67.44% 74.09%
Average Loan Size $6,039 $417
Average Individual Loan Size $6,039 $655
Average Group Loan Size $0 $1,810
Average Number Of Entrepreneurs Per Group 0 8
Average GDP Per Capita (PPP) in Local Country $47,000 $3,463
Average Loan Size / GDP Per Capita (PPP) 12.85% 12.04%
Average Time To Fund A Loan 10.75 days 5.27 days
Average Dollars Raised Per Day Per Loan $561.91 $79.14
  Average Loan Term 31.2 months 10.04 months

Kiva HelpJournaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 14 268,352
  Journaling Rate 0.00% 42.14%
  Average Number Of Comments Per Journal 0.00 0.09
  Average Number Of Recommendations Per Journal 0.00 2.06

Kiva HelpBorrowing Cost Comparison (based on 2011 data)

    This Field Partner Median for MFI Peers in Country All Kiva Partners
  Portfolio Yield 16.60% 12.40% 34.93%
  Profitability (Return on Assets) -12.4% -9.9% -1.11%
  Average Loan Size (% of Per Capita Income) 23.90% 23.90% 42.70%

Kiva HelpCountry Fast Facts

Field Partner Staff

Intern ASD
Marketing ASD
Rosalinda Delgado
Joseph Lee
Robert Lopez
Carly Matsumoto
Nicholas Miluso
Maria Montano
Luan Nio
Annik Prasad
Elizabeth Schott
Rory Soltan
Jehanne Spriggs