Long-Term Community and Economic Development by providing needed resources such as; access to affordable financial capital, smart money management/ financial literacy, workforce development, affordable housing, and access to healthy food options
Currently Viewing: 2016 Reporting Data
Summary
Provides Microenterprise LoansYes
Lending Types
Individual Lending
Tracks Credit ScoresNo
Reports Borrower Credit PerformanceYes
Microfinancing Volume
Number of Microloans Disbursed 25
Value of Microloans Outstanding $1,100,150
Portfolio Quality
Mean Interest Rate 9%
Loan Loss Rate 25.44%
Other Financing Products
Small Business LoansNo
Leverage Package or Guarantee Loans?No
Services Provided
Training and Technical Assistance (TA) Services
Business Technical Assistance (one-on-one assistance)
Business Development Services
Financial Literacy
Business Development Training
Number Receiving Training 55
Number Receiving TA 55
Individuals Served 150
Clients Served 110
Businesses Served 80
Demographics
Gender
Women - 51.33%
Men - 27.33%
Other - 10%
Unknown - 11.33%
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Ethnicity
Mixed-race - 0%
African American/African-born - 0%
Latino - 0%
White/Caucasian - 0%
Asian/Pacific Islander - 0%
South Asian - 0%
Native American/Alaska Native - 0%
Other - 0%
Unknown - 100%
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Business Status
Business Status
Operating - 36.67%
Not Operating - 16.67%
Unknown - 46.67%
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General Program Info
Area Types Served
Rural
Urban
State
Member Associations
California Association for Microenterprise Opportunity, CA
Organization Description
Community Economic Development Organization
Geographic Area Served
California
Geographic Area Served DescriptionWe provide services throughout the state of California in urban and rural communities.
Staffing
# FTEs 2
Individuals Served per Full-Time Equivalent Staff 75
Clients Served per Full-Time Equivalent Staff 55
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