Currently Viewing: 2016 Reporting Data

Summary
  • Provides Microenterprise Loans No
  • Other Microfinance Types
    • Credit-builder Loans
    • Microgrants
  • Lending Types
    • Individual Lending
  • Tracks Credit Scores Yes
  • Reports Borrower Credit Performance Yes
Portfolio Quality
  • Mean Interest Rate 4.25%
Other Financing Products
  • Small Business Loans Yes
  • 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
    • Technology Services
    • Self-employment Assistance
Business Development Training
  • Number Receiving Training 38
  • Individuals Served 76
  • Clients Served 55
  • Businesses Served 16
General Program Info
  • Member Associations
    • Not a member of a SMA
  • Geographic Area Served
    • Minnesota
  • Geographic Area Served Description 55359 and the Minnesota zip codes serving all 87 Counties of Minnesota targeting financial solutions for all ages, types of disability ad unique needs of individuals who desire to live work and play in the community of their choice.
  • Other Locations
    • Branch Office 820 9th Street North \ Suite 155 Virginia MN 55792
Staffing
  • # FTEs 2
  • Individuals Served per Full-Time Equivalent Staff 38
  • Clients Served per Full-Time Equivalent Staff 27.5
Budget Info
  • Operating Income $112

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