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OUR MicroLending, LLC
3191 CORAL WAY SUITE 109
MIAMI
FL
33145
Program Began:
2007
Mission Statement
To offer micro-entrepreneurs an effective and efficient microfinance service that support and promote their economic and social development.
Currently Viewing:
2016 Reporting Data
Select reporting year
2016
2015
2014
2013
2012
2011
2010
Microfinancing
Business Development Services
Individuals Served
Program Info
Summary
Provides Microenterprise Loans
Yes
Lending Types
Individual Lending
Tracks Credit Scores
No
Reports Borrower Credit Performance
Yes
Microfinancing Volume
Number of Microloans Disbursed
282
Value of Microloans Disbursed
$4,690,781
Value of Microloans Outstanding
$4,645,237
Portfolio Quality
Mean Interest Rate
16.1%
Total Portfolio at Risk
4.46%
Loan Loss Rate
0.06%
Loans Past Due
30
to
60
$91,348
61
to
90
$92,121
91
to
120
$23,900
More than
120
$0
Other Financing Products
Small Business Loans
No
Leverage Package or Guarantee Loans?
No
Services Provided
Training and Technical Assistance (TA) Services
Business Technical Assistance (one-on-one assistance)
Business Development Training
Number Receiving TA
191
Individuals Served
846
Clients Served
443
Businesses Served
282
General Program Info
Area Types Served
Urban
Member Associations
Not a member of a SMA
Organization Description
Stand-Alone Microenterprise Organization
Geographic Area Served
Florida
Geographic Area Served Description
Broward, Miami Dade, and West palm Beach
Staffing
# FTEs
3
Individuals Served per Full-Time Equivalent Staff
282
Clients Served per Full-Time Equivalent Staff
147.67
Budget Info
Operating Income
$761,070
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