Currently Viewing: 2014 Reporting Data

Interviews
  • Sample Size 54
  • Completed Interviews 24
  • Response Rate 44.44%
Business Outcomes
  • Start Rate 100%
  • Survival Rate 100%
  • Median Revenues $69,000
  • Median Owner's Draw $17,280
Employment Outcomes
  • Jobs Per Business 5
  • Percent Businesses with Paid Workers 54.55%
  • Median Hourly Wages To Paid Workers $12

  • Work Status of Paid Workers

    • Full-Time - 59.3%
    • Part-Time - 39.53%
    • Unknown - 1.16%
    • Unknown - 4.65%

  • Type of Paid Workers

    • Employees - 100%
    • Contractors - 0%
Change in Low-Income Status
  • Low-Income At Intake 33.33%
  • Low-Income At Survey 0%
Summary
  • Provides Microenterprise Loans Yes
  • Lending Types
    • Individual Lending
  • Tracks Credit Scores No
  • Reports Borrower Credit Performance No
Microfinancing Volume
  • Number of Microloans Disbursed 325
  • Value of Microloans Disbursed $4,438,600
  • Value of Microloans Outstanding $5,923,819
  • Total Microloan Capital $7,770,575
Portfolio Quality
  • Mean Interest Rate 8%
  • Restructured Loans 5.08%
  • Total Portfolio at Risk 11.18%
  • Loan Loss Rate 3.45%
  • Loans Past Due
    • 30 to 60 $76,359
    • 61 to 90 $47,472
    • 91 to 120 $538,290
    • More than 120 $0
Other Financing Products
  • Small Business Loans Yes
  • Number of Small Business Loans Disbursed 78
  • Value of Small Business Loans Disbursed $15.6 MIL
  • Max Business Loan Amount $750,000
  • 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
    • Technology Services
Business Development Training
  • Number Receiving Training 232
  • Number Receiving TA 270
  • # Working on Formal Business Plans 502
  • Individuals Served 3,726
  • Clients Served 2,957
  • Businesses Served 1,491
Demographics

  • Gender

    • Women - 44.98%
    • Men - 54.99%
    • Other - 0%
    • Unknown - 0.03%

  • Disability

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

  • Ethnicity

    • Mixed-race - 0%
    • African American/African-born - 16.98%
    • Latino - 24.99%
    • White/Caucasian - 41.02%
    • Asian/Pacific Islander - 0%
    • South Asian - 0%
    • Native American/Alaska Native - 0%
    • Other - 0%
    • Unknown - 17.01%

  • HUD Low Income Standard

    • Below - 10.35%
    • Above - 6.63%
    • Unknown - 0%
Business Status

  • Business Status

    • Operating - 50.42%
    • Not Operating - 49.58%
    • Unknown - 0%
General Program Info
  • Area Types Served
    • Urban
    • State
    • MultiState
  • Member Associations
    • California Association for Microenterprise Opportunity, CA
  • Organization Description
    • Lending Organization
  • Geographic Area Served
    • California
    • Nevada
  • Geographic Area Served Description State of California; State of Nevada
Staffing
  • # FTEs 9
  • Individuals Served per Full-Time Equivalent Staff 414
  • Clients Served per Full-Time Equivalent Staff 328.56
Budget Info
  • Operating Income $934,886
Files

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