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The W.K. Kellogg Foundation has awarded $100,000 each to ACCIÓN New Mexico Arizona Colorado, Community Action New Mexico and . ACCIÓN is a microlendeer that also offerstechnical assistance. Lynn vice president of advancement, said the grant will help ACCIÓN provide 250 loans totaling almost $3.1 million. Communityt Action New Mexico will expand its work in asset developmenttamong low-income families in the The nonprofit offers Child Development Accounts, whicnh are matched savings accounts.
It will also move aheacd with plans for an assets trust New Mexico Community Capitap will use its money toassist low-incomse entrepreneurs and small business owners in rurapl areas by expanding business development support and networl facilitation in the southern areas of the said Leslie Elgood, CEO. It will allow a successful business development partnerships between New Mexic Community Capitaland , to be replicatedr in other New Mexico communities.
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