Question

Which of the following are true about Accion's history?

1) Accion was founded in 2005.
2) Accion is a non-profit organization.
3) Accion provides microfinance services.
4) Accion operates in multiple countries.

Answer 1

Accion is a non-profit organization providing microfinance services, founded in 1961 and operates in multiple countries; only statements 2, 3, and 4 are true about its history.

Step-by-step explanation:

The question pertains to the history of Accion, a non-profit organization known for its microfinance services. Contrary to the first statement, Accion was not founded in 2005 but has a longer history dating back to 1961. The organization is indeed a non-profit and provides microfinance services including small loans to underprivileged populations. Accion operates globally, with activities in multiple countries across Latin America, Africa, Asia, and the United States. Therefore, statements 2), 3), and 4) about Accion's history are true, while statement 1) is false.