Currently Viewing: 2017 Reporting Data

Summary
  • Provides Microenterprise Loans Yes
  • Lending Types
    • Individual Lending
  • Tracks Credit Scores Yes
  • Reports Borrower Credit Performance Yes
Microfinancing Volume
  • Number of Microloans Disbursed 193
  • Value of Microloans Disbursed $2,894,091
  • Value of Microloans Outstanding $6,475,734
Portfolio Quality
  • Mean Interest Rate 9.2%
  • Total Portfolio at Risk 7.7%
  • Loan Loss Rate 6.27%
  • Loans Past Due
    • 30 to 60 $252,618.79
    • 61 to 90 $94,516.50
    • 91 to 120 $94,311.89
    • More than 120 $57,420.24
Other Financing Products
  • Small Business Loans Yes
  • Max Business Loan Amount $350,000
  • 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
    • Coaching/Mentoring
    • Financial Literacy
    • Credit Counseling
    • Access to Market Services
    • Case Management Services
    • Business Incubation
    • Technology Services
Business Development Training
  • Number Receiving Training 1,136
  • Number Receiving TA 1,724
  • Individuals Served 2,860
  • Clients Served 269
Demographics

  • Gender

    • Women - 61.01%
    • Men - 38.99%
    • Other - 0%
    • Unknown - 0%

  • Ethnicity

    • Mixed-race - 1.01%
    • African American/African-born - 20%
    • Latino - 1.01%
    • White/Caucasian - 16.01%
    • Asian/Pacific Islander - 1.01%
    • South Asian - 0%
    • Native American/Alaska Native - 1.01%
    • Other - 0%
    • Unknown - 59.93%

  • HUD Low Income Standard

    • Below - 53.01%
    • Above - 46.99%
    • Unknown - 0%
Business Status

  • Business Status

    • Operating - 0%
    • Not Operating - 0%
    • Unknown - 100%
General Program Info
  • Area Types Served
    • Rural
    • Urban
    • State
  • Member Associations
    • Not a member of a SMA
  • Organization Description
    • Community Economic Development Organization
  • Geographic Area Served
    • Ohio
  • Geographic Area Served Description ECDI serves all 88 counties in Ohio.
  • Other Locations
    • 4147 2800 Euclid Avenue Suite 620 Cleveland OH 44115
      • 4276 39 E. Market St. Suite 504 Akron OH 44308 1311 Vine St. Cincinnati OH 45202
Staffing
  • # FTEs 16
  • Individuals Served per Full-Time Equivalent Staff 178.75
  • Clients Served per Full-Time Equivalent Staff 16.81
Budget Info
  • Operating Income $420,681
Files

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