In July 2003 ACORDE's Board of Directors met to discuss options for the institution's future strategy and development. While some Board members agreed with the development of a more business-like orientation and the goal of becoming a more formal financial institution, others thought that was not the right direction and that the organization should continue to deal mainly with social issues like poverty and development.

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Jones, C., & Jenkins, M. (2005). Acorde: Construyendo una Institución de Microfinanzas / Acorde: Building-Up a Microfinance Institution (No. 27272). INCAE Cases. INCAE.