Currently Viewing: 2017 Reporting Data

Summary
  • Provides Microenterprise Loans Yes
  • Lending Types
    • Individual Lending
  • Tracks Credit Scores Yes
  • Reports Borrower Credit Performance Yes
Microfinancing Volume
  • Number of Microloans Disbursed 700
  • Value of Microloans Disbursed $8,484,856
  • Value of Microloans Outstanding $12.5 MIL
Portfolio Quality
  • Mean Interest Rate 11.7%
  • Total Portfolio at Risk 5.41%
  • Loan Loss Rate 6.53%
  • Loans Past Due
    • 30 to 60 $253,541.62
    • 61 to 90 $128,958.40
    • 91 to 120 $84,515.10
    • More than 120 $210,601.41
Other Financing Products
  • Small Business Loans Yes
  • Max Business Loan Amount $250,000
  • Leverage Package or Guarantee Loans? Yes
Services Provided
  • Training and Technical Assistance (TA) Services
    • Business Training (group based instruction)
    • Business Technical Assistance (one-on-one assistance)
  • Business Development Services
    • Coaching/Mentoring
    • Financial Literacy
    • Credit Counseling
Business Development Training
  • Number Receiving Training 2,713
  • Number Receiving TA 4,127
  • Individuals Served 6,840
  • Clients Served 720
  • Businesses Served 6,120
Demographics

  • Gender

    • Women - 41.94%
    • Men - 58.06%
    • Other - 0%
    • Unknown - 0%

  • Ethnicity

    • Mixed-race - 5%
    • African American/African-born - 16.94%
    • Latino - 35%
    • White/Caucasian - 27.08%
    • Asian/Pacific Islander - 0%
    • South Asian - 0%
    • Native American/Alaska Native - 0%
    • Other - 15.97%
    • Unknown - 0%

  • HUD Low Income Standard

    • Below - 65%
    • Above - 35%
    • Unknown - 0%
Business Status

  • Business Status

    • Operating - 100%
    • Not Operating - 0%
    • Unknown - 0%
General Program Info
  • Area Types Served
    • Rural
    • Urban
    • MultiState
  • Organization Description
    • Stand-Alone Microenterprise Organization
  • Geographic Area Served
    • Alabama
    • Alaska
    • Arizona
    • Arkansas
    • California
    • Connecticut
    • Delaware
    • District Of Columbia
    • Florida
    • Georgia
    • Idaho
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Minnesota
    • Mississippi
    • Missouri
    • Montana
    • Nebraska
    • Nevada
    • New Hampshire
    • New Jersey
    • New York
    • North Carolina
    • Ohio
    • Oklahoma
    • Oregon
    • Pennsylvania
    • Puerto Rico
    • Rhode Island
    • South Carolina
    • South Dakota
    • Tennessee
    • Utah
    • Virginia
    • West Virginia
    • Wisconsin
    • Wyoming
  • Geographic Area Served Description Accion East covers all states with the exception of Vermont, and the following, which are covered by Accion U.S. Network Members: AZ, NM, CO, UT, NV, TX,IL, IN, and San Diego County in CA.
  • Other Locations
    • 3919 10 Fawcett Street Suite 204 Cambridge NY 02138
      • 3920 2828 Coral Way Suite 200 Coral Gables NY 33145 3921 3201 E. Colonial Drive Suite A-20 Orlando NY 32803 4278
Staffing
  • # FTEs 46
  • Individuals Served per Full-Time Equivalent Staff 148.7
  • Clients Served per Full-Time Equivalent Staff 15.65
Budget Info
  • Operating Income $2,964,085
Files

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