Spring
March 31, 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