The mission of Accion San Diego is to provide economic opportunity for primarily low-to-moderate-income business owners who lack access to traditional sources of credit. Through business loans and support services, we strengthen the roots of emerging entrepreneurs and help them to thrive in their communities, creating social and economic change.
Currently Viewing: 2017 Reporting Data
Summary
Provides Microenterprise LoansYes
Lending Types
Individual Lending
Tracks Credit ScoresYes
Reports Borrower Credit PerformanceYes
Microfinancing Volume
Number of Microloans Disbursed 213
Value of Microloans Disbursed $3,190,158
Value of Microloans Outstanding $5,822,309
Portfolio Quality
Mean Interest Rate 15.3%
Total Portfolio at Risk 4.05%
Loan Loss Rate 2.98%
Loans Past Due
30 to 60 $67,361.89
61 to 90 $38,638.51
91 to 120 $64,247.07
More than 120 $65,802.64
Other Financing Products
Small Business LoansYes
Max Business Loan Amount $75,000
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 655
Number Receiving TA 1,104
Individuals Served 3,173
Clients Served 1,013
Businesses Served 821
Demographics
Gender
Women - 40.47%
Men - 59.43%
Other - 0%
Unknown - 0.1%
Ethnicity
Mixed-race - 0%
African American/African-born - 12.73%
Latino - 35.93%
White/Caucasian - 35.04%
Asian/Pacific Islander - 7.9%
South Asian - 0%
Native American/Alaska Native - 0.3%
Other - 4.34%
Unknown - 3.75%
HUD Low Income Standard
Below - 68.81%
Above - 30.6%
Unknown - 0.59%
Business Status
Business Status
Operating - 100%
Not Operating - 0%
Unknown - 0%
General Program Info
Area Types Served
Rural
Urban
Member Associations
California Association for Microenterprise Opportunity, CA
