Microfinance is a solid investment in economic growth - The Boston Globe

Microfinance is a solid investment in economic growth - The Boston Globe: "One major provider of microloans is ACCION USA, the domestic arm of Boston-based ACCION International, a global microfinance nonprofit. Since 1991, ACCION USA has provided more than 18,500 microloans totaling more than $119 million to microentrepreneurs who could not get other forms of credit.

Each such loan that ACCION USA provides averages $8,000 and contributes to the creation or retention of 2.4 jobs in low- to moderate-income communities. That works out to roughly $3,300 for each job created - extremely efficient when compared to the cost of other job creation strategies."