NW Pompano Beach CRA Microenterprise Business Loan Fund Program
International Enterprise Development, Inc.6260 N. Ocean BlvdOcean Ridge,FL33435
1997
International Enterprise Development, Inc.is committed to a positive economic development impact on the Northwest CRA Pompano Beach district through the Microenterprise Business Loan Fund program, the Job Placement Program and the Business Incubator.
Currently Viewing: 2014 Reporting Data
Summary
Provides Microenterprise LoansYes
Lending Types
Individual Lending
Tracks Credit ScoresYes
Reports Borrower Credit PerformanceNo
Microfinancing Volume
Number of Microloans Disbursed 15
Value of Microloans Outstanding $1,329,000
Portfolio Quality
Mean Interest Rate 7%
Other Financing Products
Small Business LoansNo
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
Tax Preparation
Case Management Services
Business Incubation
Technology Services
Business Development Training
Number Receiving Training 200
Number Receiving TA 200
Individuals Served 400
Clients Served 300
Businesses Served 200
General Program Info
Area Types Served
Urban
State
Member Associations
Not a member of a SMA
Organization Description
Stand-Alone Microenterprise Organization
Geographic Area Served
Florida
Geographic Area Served DescriptionSouth Florida including Broward and Palm Beach County
Other Locations
Pompano Beach Business Resource Center50 N.E. First StreetPompano BeachFL33060
Secret Cafe Culinary Business Incubator400Boynton Beach BoulevardBoynton BeachFL33435
Staffing
# FTEs 4
Individuals Served per Full-Time Equivalent Staff 100
Clients Served per Full-Time Equivalent Staff 75
Budget Info
Operating Income $200,000
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