Currently Viewing: 2016 Reporting Data

Summary
  • Provides Microenterprise Loans Yes
  • Lending Types
    • Individual Lending
  • Tracks Credit Scores No
  • Reports Borrower Credit Performance No
Microfinancing Volume
  • Number of Microloans Disbursed 8
  • Value of Microloans Disbursed $108,848
  • Value of Microloans Outstanding $105,275
Portfolio Quality
  • Mean Interest Rate 9%
  • Total Portfolio at Risk 1.65%
  • Loan Loss Rate 1.69%
  • Loans Past Due
    • 30 to 60 $1,000
    • 61 to 90 $0
    • 91 to 120 $0
    • More than 120 $732.70
Other Financing Products
  • Small Business Loans No
  • 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
    • Credit Counseling
    • Case Management Services
    • Self-employment Assistance
Business Development Training
  • Number Receiving Training 2
  • Number Receiving TA 15
  • Individuals Served 15
  • Clients Served 9
  • Businesses Served 15
Demographics

  • Gender

    • Women - 55.56%
    • Men - 44.44%
    • Other - 0%
    • Unknown - 0%

  • Ethnicity

    • Mixed-race - 0%
    • African American/African-born - 44.44%
    • Latino - 0%
    • White/Caucasian - 55.56%
    • Asian/Pacific Islander - 0%
    • South Asian - 0%
    • Native American/Alaska Native - 0%
    • Other - 0%
    • Unknown - 0%
Business Status

  • Business Status

    • Operating - 66.67%
    • Not Operating - 33.33%
    • Unknown - 0%
General Program Info
  • Area Types Served
    • Rural
  • Member Associations
    • Not a member of a SMA
  • Organization Description
    • Community Economic Development Organization
  • Geographic Area Served
    • Michigan
  • Geographic Area Served Description Berrien, Cass and Van Buren counties
  • Other Locations
    • 3473 15311 Three Oaks Road Three Oaks MI 49128
Staffing
  • # FTEs 1
  • Individuals Served per Full-Time Equivalent Staff 15
  • Clients Served per Full-Time Equivalent Staff 9

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