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 28
  • Value of Microloans Disbursed $599,564
  • Value of Microloans Outstanding $675,447
Portfolio Quality
  • Mean Interest Rate 5.53%
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
    • Tax Preparation
    • Case Management Services
    • Business Incubation
    • Technology Services
Business Development Training
  • Number Receiving Training 369
  • Number Receiving TA 235
  • Individuals Served 960
  • Clients Served 28
  • Businesses Served 123
Demographics

  • Gender

    • Women - 50%
    • Men - 50%
    • Other - 0%
    • Unknown - 0%

  • Ethnicity

    • Mixed-race - 3.57%
    • African American/African-born - 21.43%
    • Latino - 7.14%
    • White/Caucasian - 53.57%
    • Asian/Pacific Islander - 10.71%
    • South Asian - 0%
    • Native American/Alaska Native - 0%
    • Other - 3.57%
    • Unknown - 0%

  • HUD Low Income Standard

    • Below - 39.29%
    • Above - 60.71%
    • 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
    • Stand-Alone Microenterprise Organization
  • Geographic Area Served
    • Iowa
  • Geographic Area Served Description The State of Iowa.
Staffing
  • # FTEs 8
  • Individuals Served per Full-Time Equivalent Staff 120
  • Clients Served per Full-Time Equivalent Staff 3.5
Budget Info
  • Operating Income $430,283

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