Common Capital is a private, nonprofit Community Development Financial Institution with a mission to strengthen communities by creating economic opportunities for low- and moderate-income people in Western and Central Massachusetts. We accomplish this by providing capital and business expertise to local businesses and community projects.
Currently Viewing: 2016 Reporting Data
Summary
Provides Microenterprise LoansYes
Lending Types
Individual Lending
Tracks Credit ScoresYes
Reports Borrower Credit PerformanceYes
Microfinancing Volume
Number of Microloans Disbursed 13
Value of Microloans Disbursed $233,600
Value of Microloans Outstanding $744,275
Portfolio Quality
Mean Interest Rate 6.5%
Total Portfolio at Risk 8.45%
Loan Loss Rate 5.33%
Loans Past Due
30 to 60 $47,922
61 to 90 $15,000
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 Technical Assistance (one-on-one assistance)
Business Development Training
Number Receiving TA 36
Individuals Served 175
Clients Served 36
Businesses Served 150
Demographics
Gender
Women - 50%
Men - 50%
Other - 0%
Unknown - 0%
Ethnicity
Mixed-race - 0%
African American/African-born - 8.33%
Latino - 5.56%
White/Caucasian - 83.33%
Asian/Pacific Islander - 2.78%
South Asian - 0%
Native American/Alaska Native - 0%
Other - 0%
Unknown - 0%
Business Status
Business Status
Operating - 69.44%
Not Operating - 30.56%
Unknown - 0%
General Program Info
Area Types Served
Rural
Urban
Member Associations
Not a member of a SMA
Organization Description
Lending Organization
Geographic Area Served
Massachusetts
Geographic Area Served DescriptionBerkshire, Franklin, Hampshire and Hampden counties in Massachusetts
Staffing
# FTEs 2
Individuals Served per Full-Time Equivalent Staff 87.5
