Chautauqua Opportunities for Development, Inc. (CODI)
Chautauqua Microenterprise Loan Fund
17 W Courtney StDunkirkNY14048
2000
To support microenterprises throughout Western New York through counseling, business planning and lending that leads to an increase in employment and positive business outcomes.
Currently Viewing: 2014 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 7
Value of Microloans Disbursed $82,476
Value of Microloans Outstanding $157,749
Portfolio Quality
Mean Interest Rate 5.75%
Total Portfolio at Risk 19.85%
Loan Loss Rate 2.2%
Loans Past Due
30 to 60 $12,248
61 to 90 $3,356
91 to 120 $547
More than 120 $15,164
Other Financing Products
Small Business LoansNo
Leverage Package or Guarantee Loans?No
Services Provided
Training and Technical Assistance (TA) Services
Business Technical Assistance (one-on-one assistance)
Business Development Services
Financial Literacy
Credit Counseling
Business Incubation
Business Development Training
Number Receiving TA 14
Individuals Served 66
Clients Served 38
Businesses Served 14
Demographics
Gender
Women - 68.42%
Men - 31.58%
Other - 0%
Unknown - 0%
Ethnicity
Mixed-race - 2.63%
African American/African-born - 2.63%
Latino - 21.05%
White/Caucasian - 73.68%
Asian/Pacific Islander - 0%
South Asian - 0%
Native American/Alaska Native - 0%
Other - 0%
Unknown - 0%
HUD Low Income Standard
Below - 78.95%
Above - 21.05%
Unknown - 0%
Business Status
Business Status
Operating - 26.32%
Not Operating - 73.68%
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
New York
Geographic Area Served DescriptionChautauqua County, NY
Other Locations
402 Chandler StJamestownNY14701
10825 Bennett RdDunkirkNY14048
Staffing
# FTEs 1.15
Individuals Served per Full-Time Equivalent Staff 57.39
Clients Served per Full-Time Equivalent Staff 33.04
