Paul joined Accion East and Online in 2007, bringing 15 years of investment banking, public accounting and community development investment experience. Paul joined Accion to champion the development and growth of small mom and pop businesses that comprise the majority of U.S. firms. In his first year, he helped raised an all-time high of $2.6 million grant dollars. In 2008, Paul was promoted to CFO and COO and was instrumental in the historic cross-state combination that tripled the number of office centers across the east coast and expanded Accion East's service footprint to include over thirty states. In February 2009, Paul implemented a new risk scoring system that reduced delinquency from 16.3% to 3.8% by the end of 2012. In 2011, he assumed the role of CEO, hand-picked a new leadership team from within the organization and led a strategic planning effort aimed at significantly growing the number of loans and dollars disbursed. In 2012, these efforts moved the organization from a $1.4 million deficit position to over $140 thousand surplus, positioning it for future mission growth.Paul is a CPA with a BA in business administration and accounting from the University of Washington. He was selected as a fellow from the Robert F. Toigo Foundation and received an MBA from Columbia Business School. Paul is married with three young children and dreams of making access and delivery of U.S. microloans as common place as credit cards today.
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Independent and authoritative analysis and perspective for the bond buying industry