Application Information
Contact:
|
Lura Mack,
|
| Director, Portfolio Advisory Board (PAB) |
| Adrian Dominican Sisters |
1257 East Siena Heights Drive
|
Adrian, MI 49221-1793
|
| (517) 266-3520 / Fax: 266-3524 |
Loan Funds:
|
|
|
Geographic Area: |
| Total Capital |
$3,235,824 |
|
All areas in U.S. and international loans through intermediaries |
| Investments in FY 2009 |
$1,290,000 |
|
|
| Investment Range |
$10,000 - $100,000 |
|
Application Deadline: |
| Average Investment |
$43,400 |
|
Pre-applications, accepted any time |
| |
|
|
Full applications quarterly, as requested by CI Coordinator |
|
|
|
Decisions made generally within one to two months of application review |
|
|
|
Pre-Application |
Housing Application |
Business Application |
Areas of Interest:
Housing and small business development with a focus on women and the poor. In addition, we are interested in fostering cooperative development, community loan funds, community banks and credit unions, and micro-enterprise loan funds. Loans are made directly to projects as well as through intermediaries. International loans must be made through intermediary organizations and maintain a U.S. board of directors. |
| |
|
|
|
Loan Application Process:
- Pre-application forms may be requested any time from PAB office and are accepted any time throughout the year.
- After review and approval, full application forms are sent.
- Full applications should be submitted within the time frame requested by the CI Coordinator and depending upon vailable funds.
- Committee review generally takes place within two months of application.
- Committee recommendations made to full Portfolio Advisory Board.
- General Council of the Congregation makes final decision.
- Loans disbursed.
Return to Top