Currently Viewing: 2016 Reporting Data

Summary
  • Provides Microenterprise Loans Yes
  • Other Microfinance Types
    • Credit-builder Loans
  • Lending Types
    • Individual Lending
  • Tracks Credit Scores Yes
  • Reports Borrower Credit Performance Yes
Portfolio Quality
  • Mean Interest Rate 8.9%
Other Financing Products
  • Small Business Loans No
  • 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
    • Financial Literacy
    • Credit Counseling
    • Access to Market Services
    • Tax Preparation
    • Business Incubation
  • Individuals Served 100
  • Clients Served 75
  • Businesses Served 100
Demographics
  • Ethnicity

    • Mixed-race - 20%
    • African American/African-born - 20%
    • Latino - 24%
    • White/Caucasian - 30%
    • Asian/Pacific Islander - 5%
    • South Asian - 0%
    • Native American/Alaska Native - 1%
    • Other - 0%
    • Unknown - 0%
  • HUD Low Income Standard

    • Below - 80%
    • Above - 20%
    • Unknown - 0%
General Program Info
  • Area Types Served
    • Rural
    • Urban
    • State
  • Organization Description
    • Community Economic Development Organization
  • Geographic Area Served
    • Virginia
  • Geographic Area Served Description Baltimore City, Baltimore County, Anne Arundel County, Howard County, Calvert County, St. Mary's County, Charles County, in Maryland. Arlington, Fairfax, Springfield, Alexandria Viriginia
Staffing
  • # FTEs 3
  • Individuals Served per Full-Time Equivalent Staff 33.33
  • Clients Served per Full-Time Equivalent Staff 25
Budget Info
  • Operating Income $600,000

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