The specific purpose of this corporation is to be an intermediary for public and private investments that foster a stable and diversified local economy, to improve social, economic, and employment conditions through collaborative partnerships and to implement a sound, long-term strategy that can address identified community needs through the private, public, and non-profit organizations located within Butte, Glenn, and Tehama counties.
Currently Viewing: 2017 Reporting Data
Summary
Provides Microenterprise LoansYes
Lending Types
Individual Lending
Tracks Credit ScoresYes
Reports Borrower Credit PerformanceNo
Microfinancing Volume
Number of Microloans Disbursed 7
Value of Microloans Disbursed $185,680
Value of Microloans Outstanding $421,455
Portfolio Quality
Mean Interest Rate 7.7%
Other Financing Products
Small Business LoansYes
Max Business Loan Amount $200,000
Leverage Package or Guarantee Loans?No
Services Provided
Training and Technical Assistance (TA) Services
Business Technical Assistance (one-on-one assistance)
Business Development Services
Coaching/Mentoring
Financial Literacy
Business Development Training
Number Receiving TA 6
Individuals Served 18
Clients Served 18
Businesses Served 18
Demographics
Gender
Women - 27.78%
Men - 72.22%
Other - 0%
Unknown - 0%
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Ethnicity
Mixed-race - 0%
African American/African-born - 0%
Latino - 0%
White/Caucasian - 0%
Asian/Pacific Islander - 0%
South Asian - 0%
Native American/Alaska Native - 0%
Other - 0%
Unknown - 100%
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Business Status
Business Status
Operating - 100%
Not Operating - 0%
Unknown - 0%
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General Program Info
Area Types Served
Rural
Member Associations
California Association for Microenterprise Opportunity, CA
Organization Description
Lending Organization
Geographic Area Served
California
Geographic Area Served DescriptionButte, Glenn, and Tehama Counties