JFCS Navigate serves low-income individuals, immigrants and refugees by assisting them in pursuing entrepreneurship as a viable means of achieving economic self-sufficiency. This is accomplished through business training, mentorship, financial education and credit building as well as microlending.
Currently Viewing: 2016 Reporting Data
Summary
Provides Microenterprise LoansNo
Other Microfinance Types
Credit-builder Loans
Individual Development Accounts (IDAs)
Lending Types
Individual Lending
Tracks Credit ScoresYes
Reports Borrower Credit PerformanceYes
Portfolio Quality
Mean Interest Rate 7.5%
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
Business Development Training
Number Receiving Training 48
Number Receiving TA 118
Individuals Served 125
Clients Served 118
Businesses Served 40
Demographics
Gender
Women - 35.59%
Men - 64.41%
Other - 0%
Unknown - 0%
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Ethnicity
Mixed-race - 0%
African American/African-born - 49.15%
Latino - 22.03%
White/Caucasian - 16.95%
Asian/Pacific Islander - 11.86%
South Asian - 0%
Native American/Alaska Native - 0%
Other - 0%
Unknown - 0%
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HUD Low Income Standard
Below - 79.66%
Above - 20.34%
Unknown - 0%
>
Business Status
Business Status
Operating - 22.03%
Not Operating - 56.78%
Unknown - 21.19%
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General Program Info
Area Types Served
Urban
Member Associations
Not a member of a SMA
Organization Description
Stand-Alone Microenterprise Organization
Geographic Area Served
Kentucky
Geographic Area Served DescriptionLouisville Metro Area and surrounding counties.
Staffing
# FTEs 4
Individuals Served per Full-Time Equivalent Staff 31.25
Clients Served per Full-Time Equivalent Staff 29.5
Budget Info
Operating Income $290,000
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