NECESSARY.SYSTEMS

A MICROPROJECT OF BOSTON UJIMA PROJECT
Boston Ujima Project — Investor Update
Volume 3, Issue 3 — Fall 2023

FINANCIAL
DASHBOARD

UJIMA FUND




Fall

September 30, 2022

Summer

June 30, 2022




Fall

November 30, 2023


About the Ujima Fund’s Investments


Total Investments






Investments by Type




Note: Ujima matches loan products to align with a business’s stage of growth and dollar amount needed.

  • Startup loans are made to pre-revenue businesses or businesses that have no history of sales.
  • Microfinance loans are made to businesses that have history of sales but may not be profitable.
  • Small business loans are made to businesses with at least 2 years of financial history.
  • Growth loans are given to businesses with at least 2 years of financial history and a record of being profitable.

Ujima knows that community needs extend beyond small businesses, and also intends to invest in other community-identified needs through these two vehicles:
  • Major initiatives are investments in major projects and infrastructure such as community-owned internet or alternative energy. 
  • Real estate investments are partnership deals, rehab, and/or acquisition real estate projects with experienced value-aligned investors.


Investments by Industry




Note: These industry categories are based on the North American Industry Classification System ​(NAICS) codes, which is a classification of business establishments and types used by the United States government. Above we have listed the top 21 industries in the NAICS system.



About the Ujima Good Business Alliance

UGBA x Investments x Community Needs




UGBA x Investments x Neighborhood





UGBA Members x Support Needs




UGBA Members: Customers & Vendors





* Not including personnel and rent


UGBA Members by Sector





UGBA: Certifications





UGBA: Community Ownership





UGBA: Workers






UGBA: Good Jobs and Worker Power





UGBA: Health, Safety & Environment




UGBA: Environment & Community Power





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