Impact

Working Solutions is proud to support tenacious, driven, and dedicated entreprepreneurs of the Bay Area.

Entrepreneurs Educated

  • 8,686 entrepreneurs have been educated by Working Solutions staff
  • 1,204 entrepreneurs have received referrals to local business resources
  • 58 businesses connected with mentors
  • 31 businesses provided pro bono legal services

Job Creation

  • 313 jobs have been created by Working Solutions borrowers
  • Thousands of jobs have been impacted by the growth of these small businesses.

Microloans

  • Microloans funded: $3.8 million
  • Loans made to date: 151
  • Repayment rate: 98%
  • Average loan size: $25,000
  • Funds repaid: $1.9 million
  • $3.8 million in larger SBA loans, conventional loans, and equity financing accessed after receiving a microloan
  • Businesses who have graduated to conventional financing: 21
  • New businesses created: 68
  • Business expansions: 83

Profile of Entrepreneurs Served

  • Women entrepreneurs: 62%
  • Minority entrepreneurs: 39%
  • Low-income entrepreneurs: 63%
  • Low to moderate income: 82%

Lending by County

  • San Francisco 61%
  • Marin 8%
  • Sonoma 2%
  • Contra Costa 4%
  • Alameda 15%
  • Solano 3%
  • Santa Clara 4%
  • San Mateo 3%

See Cristina Arantes, owner of Kika’s Treats, talk about how Working Solutions helped grow her business.