Logic Model Worksheet Project Idea: Should the CDFI roll-out new products? Problem Statement: Based on the unmet small business loan demand in its target market, the CDFI must identify the most needed loan products and then determine if it has internal infrastructure and capacity to offer new products and services. Outputs Outcomes – Impact Inputs Activities Participation Target Date Status Short Medium Long Define staff Raise at least Create and/or retain Develop a Complete by As of July 2013 the Launch new roles $10MM in new at least 1,000 jobs in Market Analysis business plan 12/31 following have been working loan capital target market. and marketing completed: capital loan Engage Surveys and strategy product by consultants Close at least Be the primary Focus Group 12/31 Business Plan 50 loans by source of capital for Reports Explore types of and Marketing Identify referral Q4’14 whereby small businesses in loans to offer Create Strategy networks and creating and/or LA. and/or Commissioned Analysis of loan partners retaining 500 Identify retain at Reports products jobs in target targeted least 20 Identifying of market. borrower jobs by targeted Staff and profiles 12/31. borrowers Capitalization Assessment & Update P/P Strategy Assumptions External Factors The Market Analysis indicated that the most needed loans are No other CDFIs offering such loans. between $50-100K for working capital and equipment financing. City has funds available for a revolving loan program.
Logic Model Worksheet Project Idea: Should the CDFI roll-out new products? Problem Statement: Based on the unmet small business loan demand in its target market, the CDFI must identify the most needed loan products and then determine if it has internal infrastructure and capacity to offer new products and services. Inputs Outputs Outcomes – Impact Activities Participation Target Date Status Short Medium Long Market Analysis Surveys and Focus Group Reports Commissioned Reports Staff and Capitalization Assessment & Strategy Develop a business plan and marketing strategy Explore types of loans to offer Identify targeted borrower profiles Update P/P Define staff roles Engage consultants Identify referral networks and partners Complete by 12/31 As of July 2013 the following have been completed: Business Plan and Marketing Strategy Analysis of loan products Identifying of targeted borrowers Launch new working capital loan product by 12/31 Create and/or retain at least 20 jobs by 12/31. Raise at least $10MM in new loan capital Close at least 50 loans by Q4’14 whereby creating and/or retaining 500 jobs in target market. Create and/or retain at least 1,000 jobs in target market. Be the primary source of capital for small businesses in LA. Assumptions External Factors The Market Analysis indicated that the most needed loans are between $50-100K for working capital and equipment financing. No other CDFIs offering such loans. City has funds available for a revolving loan program.
Example%20of%20CDFI%20Using%20Logic%20Model.docx