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90% off deal at ACCION San Diego in San Diego

$11 Donation to Help ACCION San Diego Provide Loans to Small Businesses for Start-Ups and Expansion

Regular Price: $22.00

Groupon Price: $11.00

Sale Price: $2.20

  • Value $22.00
  • Discount 90%
  • Expires 12/25/13
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$22 Donation to ACCION San Diego - ACCION San Diego in San Diego
  • Deal Description

    The Issue: Small Businesses Need Capital to Succeed

    In the wake of the economic downturn, many employers are limiting their employees' hours and benefits in order to stay afloat. Faced with low incomes and difficult financial situations, many people are opting to go into business for themselves. They need access to capital in order to make new ventures and existing businesses succeed.

    The Campaign: Fund Microloans for Small Businesses

    With every $11 this Grassroots campaign raises, ACCION San Diego can establish a fund for a loan for a small business, with matching donations up to $2,500 by Torrey Pines Bank. The loans, which range from $300 to $35,000, empower entrepreneurs to jump-start their businesses and build positive credit histories. Business owners can choose to apply their loans where it will most help their business, such as by increasing inventory or purchasing equipment and materials.

    All donations will be matched up to a $2,500 total by Torrey Pines Bank. You can follow the progress of this and other Grassroots campaigns at the Groupon Grassroots website.

    ACCION San Diego

    ACCION San Diego aims to increase income and access to jobs for self-employed men and women. It provides small businesses with microloans that range from $300 to $35,000, which can fund necessities to stabilize growth and help build good credit. In 2011, ACCION presented 98 small businesses with $1.1 million in loans, and continues to focus on helping individuals who do not have access to traditional financing. ACCION also hosts free workshops and events to teach business owners new skills in financing, social media marketing, and QuickBooks, and aids businesses throughout the Americas and Africa.

Fine Print 100% of donations go directly to ACCION San Diego. Donations are automatically applied. Donations matched up to a $2,500 total by Torrey Pines Bank. Must provide donor's full name at checkout. See Grassroots FAQs that apply to this campaign.
  • Business
    ACCION San Diego
  • Address
    404 Euclid Ave.Suite 271, San Diego, 92114
  • Yelp
    No Yelp reviews available .
  • Category
    Professional Services
  • Expires


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