The mission of the Alliance Micro Lending Program is to promote sustainable community and economic development by providing financial literacy training, financing, and job opportunities and other related services to under-served, low-income populations and entrepreneurs.
Currently Viewing: 2012 Reporting Data
Summary
Provides Microenterprise LoansYes
Other Microfinance Types
Credit-builder Loans
Individual Development Accounts (IDAs)
Lending Types
Individual Lending
Tracks Credit ScoresYes
Reports Borrower Credit PerformanceYes
Microfinancing Volume
Number of Microloans Disbursed 11
Value of Microloans Disbursed $94,000
Value of Microloans Outstanding $269,913
Total Microloan Capital $350,000
Portfolio Quality
Mean Interest Rate 9%
Other Financing Products
Small Business LoansNo
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 11
Number Receiving TA 11
Individuals Served 11
Clients Served 11
Businesses Served 11
Demographics
Gender
Women - 27.27%
Men - 72.73%
Other - 0%
Unknown - 0%
Disability
With Disability - 0%
Without Disability - 100%
Unknown - 0%
Ethnicity
Mixed-race - 0%
African American/African-born - 81.82%
Latino - 9.09%
White/Caucasian - 0%
Asian/Pacific Islander - 0%
South Asian - 9.09%
Native American/Alaska Native - 0%
Other - 0%
Unknown - 0%
HUD Low Income Standard
Below - 0%
Above - 0%
Unknown - 100%
Business Status
Business Status
Operating - 18.18%
Not Operating - 81.82%
Unknown - 0%
Costs
Cost Per Individual $4,545.45
Cost Per Client $4,545.45
Cost Per Business $4,545.45
General Program Info
Area Types Served
Urban
Member Associations
Not a member of a SMA
Organization Description
Community Economic Development Organization
Geographic Area Served
Texas
Geographic Area Served DescriptionHouston, Texas
Staffing
# FTEs 1
Individuals Served per Full-Time Equivalent Staff 11
Clients Served per Full-Time Equivalent Staff 11
Budget Info
Operating Income $50,000
Total Expenses $50,000
Percent Grant Funding 100%
Operating Budget Sources
Federal - 100%
Private - 0%
State - 0%
Earned - 0%
Local - 0%
Other - 0%
Unknown - 0%
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