Currently Viewing: 2017 Reporting Data

Summary
  • Provides Microenterprise Loans Yes
  • Other Microfinance Types
    • Credit-builder Loans
  • Lending Types
    • Individual Lending
  • Tracks Credit Scores Yes
  • Reports Borrower Credit Performance Yes
Microfinancing Volume
  • Number of Microloans Disbursed 392
  • Value of Microloans Disbursed $3,755,552
  • Value of Microloans Outstanding $3,545,710
Portfolio Quality
  • Mean Interest Rate 14%
  • Total Portfolio at Risk 3.18%
  • Loan Loss Rate 9.07%
  • Loans Past Due
    • 30 to 60 $48,187.93
    • 61 to 90 $20,943.37
    • 91 to 120 $20,326.17
    • More than 120 $23,346.87
Other Financing Products
  • Small Business Loans Yes
  • Max Business Loan Amount $100,000
  • 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
    • Credit Counseling
    • Access to Market Services
    • Business Incubation
Business Development Training
  • Number Receiving TA 381
  • Individuals Served 381
  • Clients Served 381
  • Businesses Served 381
Demographics
  • Gender

    • Women - 43.31%
    • Men - 56.69%
    • Other - 0%
    • Unknown - 0%
  • Ethnicity

    • Mixed-race - 1.84%
    • African American/African-born - 38.06%
    • Latino - 22.05%
    • White/Caucasian - 30.97%
    • Asian/Pacific Islander - 3.15%
    • South Asian - 0%
    • Native American/Alaska Native - 0%
    • Other - 0%
    • Unknown - 3.94%
  • HUD Low Income Standard

    • Below - 55.38%
    • Above - 44.62%
    • Unknown - 0%
Business Status
  • Business Status

    • Operating - 100%
    • Not Operating - 0%
    • Unknown - 0%
General Program Info
  • Area Types Served
    • Rural
    • Urban
    • State
    • MultiState
  • Organization Description
    • Stand-Alone Microenterprise Organization
  • Geographic Area Served
    • Illinois
    • Indiana
  • Geographic Area Served Description Throughout the states of Illinois and Indiana.
Staffing
  • # FTEs 34
  • Individuals Served per Full-Time Equivalent Staff 11.21
  • Clients Served per Full-Time Equivalent Staff 11.21
Budget Info
  • Operating Income $1,369,385

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