Home : Reports and Publications : Audit & Evaluation : Program Evaluation Study: EDP and UEDI
Although a range of services may be provided by CFDCs to EDP clients, the only data that is currently available to us relates to loans. As indicated below, the number of EDP loans issued by the CFDCs has declined from 152 in 1999/2000 to 88 in 2003/04 while the value of the loans has decreased from $3.3 million in 1999/2000 to $1.9 million in 2003/04.
Fiscal Year | Number of Loans | Value of Loans |
---|---|---|
1999-2000 | 152 |
$3,296.336 |
2000-2001 | 121 |
$2,592,409 |
2001-2002 | 98 |
$2.180,173 |
2002-2003 | 101 |
$1,961,721 |
2003-2004 | 88 |
$1,877,604 |
2004-2005 (first 3 quarters) | 55 |
$1,304,633 |
Total | 615 |
$13,212,876 |
Average Loan | $21,484 |
Over almost a six-year period, CFDCs have provided 615 EDP loans totaling over $13 million.
While each of the UEDI delivery agencies report at least some information on the services they provide, there is no commonality in the activities that are tracked, the methodologies used, or the definitions applied. As a result, it is not possible to roll up the data to provide a profile of the UEDI services delivered. The following table is not exhaustive but is intended to illustrate the wide variance in the types of data that is tracked.
Delivery Organization | Examples of Activities Reported On |
---|---|
Coast Capital |
Staffing |
Van City |
Number of enquiries |
MCC |
Training |
NSILRC |
Total Number of Contacts |
SSIRLC |
General Inquiries and Referrals |
ILRC |
Inquiries |
Unlike the EDP program, WD does not compile loan statistics on the UEDI program. Based on information provided to us by the delivery organizations and WD representatives, we have put together a table that summaries the number and value of loans issued under the UEDI.
Delivery Organization | Loans Issued | Amounts | Comments |
---|---|---|---|
Coast Capital | 47 | $967,895 | As of April 2005 |
Van City | 26 | $420,519 | As of December 2004 |
ACED | 8 | $254,005 | Transferred to MCC |
MCC | 18 | $173,276 | March 31, 2005 |
DESCA | 18 | $335,283 | As of Feb 2005 |
NSILRC | 6 | $88,600 | March 31, 2005 |
SSIRLC | 7 | $115,500 | March 31, 2005 |
ILRC | 22 | $543,374 | March 31, 2005 |
Total | 152 | $2,898,452 | |
Average Loan | $19,069 |
|
Taken as a group, CFDCs have accounted for 81% of the combined value of the loans approved under EDP and UEDI, while the UEDI delivery agencies have accounted for 19% since the programs were established.
Program | Loans Issued |
Value ($ million) |
Percent |
---|---|---|---|
EDP | 615 |
$13.2 |
81% |
UEDI | 152 |
$2.9 |
19% |
Total | 767 |
$16.1 |
100% |
The number of loans issued per CFDC or UEDI delivery agency ranges from 0 to 45, while the value of the loans issued ranged from $0 to over $900,000. The 21 agencies that have been most active have accounted for 49% of the value of the loans issued.
Amount | Agencies | Loans Issued ($Million) |
Percent |
---|---|---|---|
$0 |
5 |
$0.0 |
0% |
$1 – $50,000 |
21 |
$0.6 |
4% |
$50,001 – $100,000 |
13 |
$1.0 |
6% |
$100,001 – $150,000 |
12 |
$1.5 |
9% |
$150,001 – $200,000 |
10 |
$1.7 |
11% |
$200,001 – $250,000 |
15 |
$3.4 |
21% |
$250,001 – $300,000 |
7 |
$2.0 |
12% |
$300,001 – $400,000 |
7 |
$2.3 |
14% |
$400,001 – $500,000 |
4 |
$1.7 |
11% |
Over $500,000 |
3 |
$2.0 |
12% |
Total |
97 |
$16.1 |
100% |
Most CFDCs have issued less than $150,000 in loans while 5 of the 7 UEDI delivery agencies have issued more than $400,000 in loans. On average, the UEDI delivery organizations have issued 22 loans totalling over $410,000 while the CFDCs have issued 7 loans totalling about $150,000.