CDFI Essentials 2021

CAMEO Network is a national micro-business association made up of 400 organizations, agencies, and individuals dedicated to furthering Micro-Business development with small and micro-business financing such as loans and credit, technical assistance and business management training. Annually, CAMEO members serve about 200,000 very small businesses with training, business and credit assistance and loans. These firms – largely start-ups with less than six employees – support or create 300,000 new jobs and generate a total of $15 billion in economic activity.

CAMEO Network

A comprehensive monthly training for young CDFIs and their staff. 

Over the past twelve years CAMEO has been working to strengthen CDFIs in California. Through its close relationship with CDFIs in its network, CAMEO noticed that new and emerging lenders were missing important components needed for fully developed and professional programs. In some cases, this resulted in high and unsustainable delinquency and default rates, and thus leading to little impact for communities. Something had to be done as more organizations launched into lending without proper structure, policy and knowledge in place.CAMEO developed CDFI Essentials to address the problem.CDFI Essentials has four elements:I. Monthly training and discussion on critical topics often missing from young lenders’ programs. Working with the top CDFIs to discern best practices, we offer information, examples and actionable steps on the following topics:<ul><li>Elements of a Complete Loan Program</li><li>Portfolio Performance Standards</li><li>Loan Product Design &amp; Target Market Outreach</li><li>Profit and Loss Analysis</li><li>Loan Loss Reserve Policy</li><li>Risk Rating System</li><li>State Guarantee Programs</li><li>Working with Troubled Loans</li><li>Capitalization Strategies</li><li>Portfolio Reports and Process</li><li>Closing Process and Servicing</li><li>Microlending Leadership</li></ul>II. We offer a library of resources, educational publications and examples on each topic for participants to read articles and review examples. For those who miss a session or want to review a meeting, we upload a recording of each training and each month’s Power Point presentation.III. Participants can schedule a monthly meeting for individual support, coaching and consultation with the program’s director, Susan Brown. Susan advises participants on many topics such as hiring new staff, loan product design, underwriting policies, technology adoption, overall loan manual review and much more.IV. Guest Speakers. We have leading practitioners as guest speakers for several of the sessions. As an added but unplanned benefit, the guest speakers generously offer participants to call them directly for individual support. ScheduleTrainings are held every second Friday of the month at 11am. The dates are as follows:<ul><li>Feb 12</li><li>Mar 12</li><li>Apr 9</li><li>May 14</li><li>Jun 11</li><li>Jul 9</li><li>Aug 13</li><li>Sep 10</li><li>Oct 8</li><li>Nov 12</li><li>Dec 10</li></ul>OtherPlease note that CDFI Essentials is for current CAMEO members only. Become a CAMEO member by visiting us at: <a href="https://cameonetwork.org/cameo-membership/join-cameo/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">https://cameonetwork.org/cameo-membership/join-cameo/</a>For any questions, please email Susan Brown at sbrown@cameonetwork.org.

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CDFI Essentials 2021

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