Chicago Microlending Institute (CMI) Microloans
City of Chicago
@usgov.city_of_chicago_chicago_microlending_institute_cmi_microloans
City of Chicago
@usgov.city_of_chicago_chicago_microlending_institute_cmi_microloans
To improve access to capital, the City of Chicago seeded a $2MM revolving loan fund and partnered with Accion to create the Chicago Microlending Institute (CMI). CMI helped train two new local microlenders, Chicago Neighborhood Initiatives (CNI) and Women’s Business Development Corporation (WBDC), to help connect small businesses around the city to affordable access to capital. These microloans vary in size from $500 to $25,000 and the average loan size is around $10,000. This dataset reflects the lender, location, business industry, and borrower demographics for small businesses supported by the City’s revolving loan fund. Certain data elements could not be included on a per-loan basis for privacy reasons but are summarized in the https://data.cityofchicago.org/id/4s8s-adbr dataset.
Organization: City of Chicago
Last updated: 2020-11-10T16:54:48.268528
Tags: business, business-loans, capital-access-centers, community-economic-development, finance, loans, microlenders, microloans, small-business
CREATE TABLE table_1 (
"loan_date" TIMESTAMP,
"lender" VARCHAR,
"block" VARCHAR,
"street_direction" VARCHAR,
"street_name" VARCHAR,
"street_type" VARCHAR,
"city" VARCHAR,
"state" VARCHAR,
"zip" BIGINT,
"ward" DOUBLE,
"industry" VARCHAR,
"latitude" DOUBLE,
"longitude" DOUBLE,
"location" VARCHAR
);Anyone who has the link will be able to view this.