Currently Viewing: 2014 Reporting Data

Summary
  • Provides Microenterprise Loans Yes
  • Other Microfinance Types
    • Microequity
  • Lending Types
    • Individual Lending
  • Tracks Credit Scores Yes
  • Reports Borrower Credit Performance No
Microfinancing Volume
  • Number of Microloans Disbursed 35
  • Value of Microloans Disbursed $1,145,250
  • Value of Microloans Outstanding $1,701,515
Portfolio Quality
  • Mean Interest Rate 8.5%
  • Total Portfolio at Risk 3.84%
  • Loan Loss Rate 3.75%
  • Loans Past Due
    • 30 to 60 $0
    • 61 to 90 $47,078
    • 91 to 120 $0
    • More than 120 $18,227
Other Financing Products
  • Small Business Loans Yes
  • 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
    • Business Incubation
  • Individuals Served 347
  • Clients Served 112
  • Businesses Served 347
Demographics

  • Gender

    • Women - 5.19%
    • Men - 94.81%
    • Other - 0%
    • Unknown - 0%

  • Ethnicity

    • Mixed-race - 0%
    • African American/African-born - 0.86%
    • Latino - 0%
    • White/Caucasian - 98.85%
    • Asian/Pacific Islander - 0.29%
    • South Asian - 0%
    • Native American/Alaska Native - 0%
    • Other - 0%
    • Unknown - 0%
Business Status

  • Business Status

    • Operating - 60.23%
    • Not Operating - 39.77%
    • Unknown - 0%
General Program Info
  • Area Types Served
    • Rural
  • Member Associations
    • Partners for Entrepreneurial Advancement in Kentucky, KY
  • Organization Description
    • Lending Organization
  • Geographic Area Served
    • Kentucky
  • Geographic Area Served Description 22 COUNTIES IN SOUTHEASTERN KENTUCKY INCLUDING BELL, CLAY, CLINTON, CUMBERLAND, ESTILL, HARLAN, JACKSON, KNOX, LAUREL, LEE, LESLIE, LETCHER, LINCOLN, MADISON, MCCREARY, OWSLEY, PERRY, PULASKI, ROCKCASTLE, RUSSELL, WAYNE AND WHITLEY
Staffing
  • # FTEs 3
  • Individuals Served per Full-Time Equivalent Staff 115.67
  • Clients Served per Full-Time Equivalent Staff 37.33

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