MIAMI (AP) — Accion was among the first microlenders to serve the U.S. market. It loaned $1,000 to Guerrero, Mexico, native Uvalda Alvarado in 1991 so she could exchange her taco truck for a small kitchen in a Brooklyn storefront. She eventually turned the storefront cafe into the still popular restaurant Antojitos Mexicanos.
“It wasn’t just the economic help,” Alvarado says. “It was the moral support. That someone believes in you, that belief encourages you to keep pushing forward.”
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