Currently Viewing: 2014 Reporting Data

Summary
  • Provides Microenterprise Loans Yes
  • Lending Types
    • Group/Peer Lending
    • Individual Lending
  • Tracks Credit Scores No
  • Reports Borrower Credit Performance Yes
Microfinancing Volume
  • Number of Microloans Disbursed 46,790
  • Value of Microloans Disbursed $100.7 MIL
  • Value of Microloans Outstanding $32.7 MIL
  • Total Microloan Capital $36.2 MIL
Portfolio Quality
  • Mean Interest Rate 15%
  • Loan Loss Rate 1.3%
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 Development Services
    • Financial Literacy
Business Development Training
  • Number Receiving Training 33,800
  • Individuals Served 33,800
  • Clients Served 33,800
  • Businesses Served 33,800
Demographics
  • Gender

    • Women - 100%
    • Men - 0%
    • Other - 0%
    • Unknown - 0%
  • Disability

    • With Disability - 0%
    • Without Disability - 0%
    • Unknown - 100%
  • Ethnicity

    • Mixed-race - 0%
    • African American/African-born - 0.41%
    • Latino - 94.62%
    • White/Caucasian - 0%
    • Asian/Pacific Islander - 0%
    • South Asian - 0%
    • Native American/Alaska Native - 0%
    • Other - 0%
    • Unknown - 4.97%
  • HUD Low Income Standard

    • Below - 100%
    • Above - 0%
    • Unknown - 0%
Business Status
  • Business Status

    • Operating - 65%
    • Not Operating - 35%
    • Unknown - 0%
Costs
  • Cost Per Individual $372.57
  • Cost Per Client $372.57
  • Cost Per Business $372.57
General Program Info
  • Area Types Served
    • Urban
    • MultiState
  • Member Associations
    • California Association for Microenterprise Opportunity, CA
  • Organization Description
    • Lending Organization
    • Stand-Alone Microenterprise Organization
  • Geographic Area Served
    • New York
    • California
    • Indiana
    • Nebraska
    • North Carolina
    • Puerto Rico
  • Geographic Area Served Description New York, NY; Brooklyn, NY; Queens, NY; Bronx, NY; Union City, NJ; Oakland, CA; San Jose, CA; Los Angeles, CA; Indianapolis, IN; Charlotte, NC; Omaha, NE; Austin, TX; Boston, MA; San Juan, PR
  • Other Locations
    • 1597 Gates Avenue Brooklyn NY 11372
    • 1345 Southern Blvd Bronx NY 10459
    • 72-16 Roosevelt Ave. Queens NY 11372
    • 5002 S 24th Street Omaha NE 68107
    • 135 Post Avenue Manhattan NY 10034
    • 2811 E. 10th St. Indianapolis IN 46201
    • 3445 International Blvd. Oakland CA 94601
    • 4 Court Sq. Queens NY 11101
    • 5210 4th Ave. Brooklyn NY 11220
    • 3500 Whittier Blvd. Los Angeles CA 90023
    • 1817 Central Avenue Charlotte NC 28205
    • 1500 Ave. Ponce de Leon, Pda. 22 Building Suite 003 Santurce, San Juan PR 00909
    • 1300 W. Olympic Blvd. Suite 404 Los Angeles CA 90015
    • 3700 McKee Rd Suite A San Jose CA 95127
    • 1931 E. Oltorf Suite H Austin TX 78741
    • 585 Massachusetts Avenue 2nd Floor Cambridge MA 02139
    • 3221 Bergenline Avenue Suite C Union City NJ 07087
    • 127 W. 127th Street Room 429 New York NY 10027
Staffing
  • # FTEs 189
  • Individuals Served per Full-Time Equivalent Staff 178.84
  • Clients Served per Full-Time Equivalent Staff 178.84
Budget Info
  • Operating Income $19.8 MIL
  • Total Expenses $12.6 MIL
  • Percent Grant Funding 67.25%
  • Operating Budget Sources

    • Federal - 0%
    • Private - 64.92%
    • State - 2.33%
    • Earned - 32.75%
    • Local - 0%
    • Other - 0%
    • Unknown - 0%

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