2301 Mission Street. Suite 301San FranciscoCA94110
1972
Rooted in the Mission and focused on San Francisco, MEDA’s mission is to strengthen low- and moderate-income Latino families by promoting economic equity and social justice through asset building and community development.
Currently Viewing: 2017 Reporting Data
Summary
Provides Microenterprise LoansYes
Other Microfinance Types
Microgrants
Lending Types
Individual Lending
Tracks Credit ScoresYes
Reports Borrower Credit PerformanceYes
Microfinancing Volume
Number of Microloans Disbursed 20
Value of Microloans Disbursed $476,000
Value of Microloans Outstanding $476,000
Portfolio Quality
Mean Interest Rate 8%
Total Portfolio at Risk 4.73%
Loans Past Due
30 to 60 $0
61 to 90 $22,491
91 to 120 $0
More than 120 $0
Other Financing Products
Small Business LoansNo
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
Access to Market Services
Tax Preparation
Case Management Services
Business Incubation
Technology Services
Self-employment Assistance
Business Development Training
Number Receiving Training 150
Number Receiving TA 180
Individuals Served 225
Clients Served 225
Businesses Served 180
Demographics
Gender
Women - 56%
Men - 38.67%
Other - 5.33%
Unknown - 0%
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Ethnicity
Mixed-race - 0%
African American/African-born - 6.67%
Latino - 78.22%
White/Caucasian - 4.44%
Asian/Pacific Islander - 4.44%
South Asian - 0%
Native American/Alaska Native - 2.22%
Other - 4%
Unknown - 0%
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HUD Low Income Standard
Below - 77.78%
Above - 8%
Unknown - 14.22%
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Business Status
Business Status
Operating - 48.89%
Not Operating - 51.11%
Unknown - 0%
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General Program Info
Area Types Served
Urban
Member Associations
California Association for Microenterprise Opportunity, CA
Organization Description
Community Economic Development Organization
Geographic Area Served
California
Geographic Area Served DescriptionMission Economic Development Agency provides business services to entrepreneurs in the city and county of San Francisco, and other cities in the counties of San Mateo, Alameda, Contra Costa and surrounding cities.
Staffing
# FTEs 3
Individuals Served per Full-Time Equivalent Staff 75
Clients Served per Full-Time Equivalent Staff 75
Budget Info
Operating Income $404,516
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