About Us
Results
Education
- 3,457 microentrepreneurs served through educational presentations
Technical Assistance
- 694 microentrepreneurs (not in our loan portfolio) served with technical assistance & referred for low-cost and free resource referrals
Microloans
- Microloans funded: $978,343
- 98% repayment rate
- 70% woman-owned microbusinesses*
- 37% minority-owned microbusinesses*
- 48% startup and 52% existing businesses*
- 65% low-income microentrepreneurs*
- 80 jobs created/retained
* based on approved loans
Technical Assistance Provided to 42 Borrowers After Receiving a Microloan
- Ongoing monthly financial statement review and quarterly meetings to check-in and review financials
- Ongoing referrals for local free and low-cost business resources
- Education Plans: Borrowers have completed more than 272 hours of additional entrepreneurial training through workshops, classes, and consulting as part of their loan requirement within 6 months of receiving a loan
Working Solutions Recognition:
- November 2009 Working Solutions became a CDFI (Certified Financial Development Institution)
- 2009 Innovation in Technical Assistance Performance Service Award from California Resources and Training (CARAT)/California Economic Development Lending Initiative (CEDLI)
- 2008 Financial Services Champion of the Year Award -SF District Small Business Administration and
