Currently Viewing: 2014 Reporting Data

Summary
  • Provides Microenterprise Loans Yes
  • Other Microfinance Types
    • Credit-builder Loans
  • Lending Types
    • Individual Lending
  • Tracks Credit Scores Yes
  • Reports Borrower Credit Performance No
Microfinancing Volume
  • Number of Microloans Disbursed 43
  • Value of Microloans Disbursed $438,750
  • Total Microloan Capital $3,414,076
Portfolio Quality
  • Mean Interest Rate 7%
Other Financing Products
  • Small Business Loans Yes
  • Number of Small Business Loans Disbursed 20
  • Value of Small Business Loans Disbursed $2,118,500
  • Max Business Loan Amount $250,000
  • 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
    • Financial Literacy
    • Business Incubation
Business Development Training
  • Number Receiving Training 257
  • Number Receiving TA 328
  • Individuals Served 900
  • Clients Served 622
  • Businesses Served 391
Demographics

  • Gender

    • Women - 45.34%
    • Men - 54.66%
    • Other - 0%
    • Unknown - 0%

  • Disability

    • With Disability - 0%
    • Without Disability - 0%
    • Unknown - 100%

  • Ethnicity

    • Mixed-race - 0%
    • African American/African-born - 61.58%
    • Latino - 12.06%
    • White/Caucasian - 9.81%
    • Asian/Pacific Islander - 0%
    • South Asian - 14.15%
    • Native American/Alaska Native - 1.93%
    • Other - 0.48%
    • Unknown - 0%
Business Status

  • Business Status

    • Operating - 0%
    • Not Operating - 0%
    • Unknown - 100%
General Program Info
  • Area Types Served
    • Urban
  • Member Associations
    • Not a member of a SMA
  • Organization Description
    • Community Economic Development Organization
  • Geographic Area Served
    • Minnesota
  • Geographic Area Served Description Hennepin County, Minnesota; Ramsey County, Minnesota
  • Other Locations
    • Midtown Global Market 920 East Lake Street Suite G10 Minneapolis MN 55407

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