To provide greater access to financial resources, through financial assistance, education, and support. Helping families and individuals build assets that drive positive community change.
Currently Viewing: 2017 Reporting Data
Summary
Provides Microenterprise LoansYes
Other Microfinance Types
Credit-builder Loans
Lending Types
Individual Lending
Tracks Credit ScoresYes
Reports Borrower Credit PerformanceYes
Microfinancing Volume
Number of Microloans Disbursed 18
Value of Microloans Disbursed $297,618
Value of Microloans Outstanding $380,429
Portfolio Quality
Mean Interest Rate 8.75%
Total Portfolio at Risk 0.18%
Loan Loss Rate 0.13%
Loans Past Due
30 to 60 $513.52
61 to 90 $174.54
91 to 120 $0
More than 120 $0
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
Business Development Training
Number Receiving TA 35
Individuals Served 426
Clients Served 35
Businesses Served 35
Demographics
Gender
Women - 45.71%
Men - 54.29%
Other - 0%
Unknown - 0%
Ethnicity
Mixed-race - 0%
African American/African-born - 17.14%
Latino - 2.86%
White/Caucasian - 80%
Asian/Pacific Islander - 0%
South Asian - 0%
Native American/Alaska Native - 0%
Other - 0%
Unknown - 0%
HUD Low Income Standard
Below - 31.43%
Above - 68.57%
Unknown - 0%
Business Status
Business Status
Operating - 94.29%
Not Operating - 5.71%
Unknown - 0%
General Program Info
Area Types Served
Rural
Urban
Member Associations
Not a member of a SMA
Organization Description
Community Economic Development Organization
Geographic Area Served
Indiana
Geographic Area Served DescriptionAdams County
Allen County
DeKalb County
Elkhart County
Grant County
Huntington County
Kosciusko County
LaGrange County
Noble County
St. Joseph County
Steuben County
Wells County
Whitley County
Staffing
# FTEs 2
Individuals Served per Full-Time Equivalent Staff 213
Clients Served per Full-Time Equivalent Staff 17.5
Budget Info
Operating Income $335,134
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