Our Impact

Project Enterprise is proud to provide small loans that serve the diverse needs of our entrepreneurs.  We have loaned more than $1.7 million to low-income entrepreneurs in New York who have used their average loan of just $2,634 to purchase supplies and equipment, develop websites, obtain licensing and develop business cards and brochures.  We also build big connections for our members through networking events, training workshops and retail opportunities; we’ve linked more than 3,600 entrepreneurs to these services. 

Since we started (through April 2010):

3,607– Number of clients trained

$1,776,184 – Amount of loans disbursed

2,262 – Number of Center Meetings

724 – Number of loans disbursed

18% - Percentage of loans to complete start ups

456 – number of Active Members

$2,448 – Average Loan Size

8% – Amount of our portfolio written off

$1.56 million – Local wages generated by businesses in PE’s loan portfolio annually

42% – Average increase in monthly profit after getting a loan from PE

Right now – as of April 2010

456 active members

202 loans totaling $406,679 outstanding

Read about some of our 456 active members and the individual impact PE has had on their businesses and their lives here.