Currently Viewing: 2016 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 1,057
  • Value of Microloans Disbursed $10.8 MIL
  • Value of Microloans Outstanding $13.5 MIL
Portfolio Quality
  • Mean Interest Rate 12.57%
  • Total Portfolio at Risk 5.55%
  • Loan Loss Rate 7.56%
  • Loans Past Due
    • 30 to 60 $250,884
    • 61 to 90 $150,169
    • 91 to 120 $140,696
    • More than 120 $207,210
Other Financing Products
  • Small Business Loans Yes
  • Max Business Loan Amount $250,000
  • Leverage Package or Guarantee Loans? No
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 250
  • Number Receiving TA 1,046
  • Individuals Served 1,046
  • Clients Served 1,046
  • Businesses Served 1,046
Demographics
  • Gender

    • Women - 43.21%
    • Men - 56.79%
    • Other - 0%
    • Unknown - 0%
  • Ethnicity

    • Mixed-race - 2.87%
    • African American/African-born - 18.55%
    • Latino - 41.97%
    • White/Caucasian - 29.45%
    • Asian/Pacific Islander - 2.96%
    • South Asian - 0%
    • Native American/Alaska Native - 0.19%
    • Other - 1.63%
    • Unknown - 2.39%
  • HUD Low Income Standard

    • Below - 65.11%
    • Above - 34.89%
    • Unknown - 0%
Business Status
  • Business Status

    • Operating - 94.46%
    • Not Operating - 5.54%
    • Unknown - 0%
General Program Info
  • Area Types Served
    • Rural
    • Urban
    • MultiState
  • Member Associations
    • Not a member of a SMA
  • Organization Description
    • Stand-Alone Microenterprise Organization
  • Geographic Area Served
    • Alabama
    • Alaska
    • Arkansas
    • California
    • Connecticut
    • Delaware
    • District Of Columbia
    • Florida
    • Georgia
    • Hawaii
    • 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 MA 02138
    • 3920 2828 Coral Way Suite 200 Coral Gables FL 33145 3921 3201 E. Colonial Drive Suite A-20 Orlando FL 32803 1225 Beaver Street West Suite 201 Jacksonville FL 32204
Staffing
  • # FTEs 36
  • Individuals Served per Full-Time Equivalent Staff 29.06
  • Clients Served per Full-Time Equivalent Staff 29.06
Budget Info
  • Operating Income $2,528,895

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