Common Wealth, Inc. is a non-profit community development corporation dedicated to the development and management of decent, affordable housing, community education, and promotion of community and regional revitalization.
Currently Viewing: 2014 Reporting Data
Summary
Provides Microenterprise LoansYes
Lending Types
Individual Lending
Tracks Credit ScoresNo
Reports Borrower Credit PerformanceNo
Microfinancing Volume
Number of Microloans Disbursed 3
Value of Microloans Disbursed $6,000
Portfolio Quality
Mean Interest Rate 3.5%
Loans Past Due
30 to 60 $0
61 to 90 $3
91 to 120 $0
More than 120 $0
Other Financing Products
Small Business LoansNo
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
Access to Market Services
Business Incubation
Business Development Training
Number Receiving Training 20
Number Receiving TA 15
Individuals Served 45
Clients Served 15
Businesses Served 22
General Program Info
Area Types Served
State
Member Associations
Not a member of a SMA
Organization Description
Community Economic Development Organization
Geographic Area Served
Ohio
Geographic Area Served DescriptionMahoning, Trumbull, Ashtabula, Columbiana Counties Ohio
Other Locations
907 Elm StreetYoungstownOH44505
Staffing
# FTEs 0.1
Individuals Served per Full-Time Equivalent Staff 450
Clients Served per Full-Time Equivalent Staff 150
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