microTracker
EXPLORE
our data
LEARN
data skills
FIND
programs
Pricing
Sign up
Sign in
Economic Development and Financing Corporation
Rural Microloan Fund
175 E. Church St.
Ukiah
CA
95482
Program Began:
2015
Mission Statement
Connecting money and ideas with entrepreneurs to create sustainable prosperity in Lake and Mendocino Counties.
Currently Viewing:
2017 Reporting Data
Select reporting year
2017
2016
2014
Microfinancing
Business Development Services
Individuals Served
Program Info
Summary
Provides Microenterprise Loans
Yes
Lending Types
Individual Lending
Tracks Credit Scores
Yes
Reports Borrower Credit Performance
No
Microfinancing Volume
Number of Microloans Disbursed
5
Value of Microloans Disbursed
$200,400
Value of Microloans Outstanding
$442,298
Portfolio Quality
Mean Interest Rate
9.5%
Total Portfolio at Risk
23.99%
Loan Loss Rate
2.31%
Loans Past Due
30
to
60
$27,217
61
to
90
$0
91
to
120
$78,912
More than
120
$0
Other Financing Products
Small Business Loans
Yes
Max Business Loan Amount
$250,000
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 Training
Number Receiving TA
7
Individuals Served
24
Clients Served
5
Businesses Served
16
General Program Info
Area Types Served
Rural
Member Associations
California Association for Microenterprise Opportunity, CA
Organization Description
Community Economic Development Organization
Geographic Area Served
California
Geographic Area Served Description
All of Mendocino and Lake Counties, California
Staffing
# FTEs
1
Individuals Served per Full-Time Equivalent Staff
24
Clients Served per Full-Time Equivalent Staff
5
Budget Info
Operating Income
$122,235
Back to top
To explore industry and entrepreneur data, visit
Explore Our Data