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Land Trust Thanks Adrian Dominicans for Help in Acquiring Cooperative Property
San Francisco Community Land Trust (SFCLT) extended their appreciation lately to the Adrian Dominican Sisters for their low-interest, $30,000 loan. The loan enabled SFCLT to acquire a 10-unit house – before the previous owner could auction off the house – and maintain affordable housing for the low-income residents.
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Fonkoze Recognized as One of Top 100 NGOs
Fonkoze, a partner with the Adrian Dominican Sisters and Haiti’s alternative bank for the organized poor, was ranked number 33 in The Global Journal’s list of Top 100 Non-Governmental Organizations (NGOs).
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500 MFIs Report Social Data to Oikocredit in 2011
Nearly 500 microfinance institutions (MFIs) around the world have reported social performance data to private microfinance investor Oikocredit, an investment partner with the Adrian Dominican Sisters through the Portfolio Advisory Board (PAB).
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2011 Figures: Oikocredit Shows its Strength in Diversity
Oikocredit, an investment partner with the Adrian Dominican Sisters through the Portfolio Advisory Board, has concluded another year of solid return for its investors and partners, demonstrating its strength in a diverse portfolio.
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Washington Access Fund Thanks Adrian Dominicans for Support
An official from Washington Access Fund recently wrote to the Adrian Dominican Sisters, thanking the Congregation for its recent low-interest loan. This loan enabled the organization in turn to disburse nine smaller loans to help people with disabilities access the technology they need. Because of the loan, Kelly, 44, was able to buy hearing aids, which enable her to return to college and get her life back on track.
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DEDICATED TO SISTER MARIE LUISA VASQUEZ, OP Loan Fund Board Member, 1990-2010
Adrian Dominican Sister Marie Luisa Vasquez, OP, was honored by The Loan Fund for her 25 years of dedicated service as a board member. A partner of the Adrian Dominican Sisters through the Portfolio Advisory Board, The Loan Fund is a non-profit alternative lender to small businesses and non-profit organizations throughout New Mexico.
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Genesis Receives Innovation Award
Genesis Community Loan Fund, one of the investment partners of the Adrian Dominican Sisters, received the Wachovia Wells Fargo NEXT Award for Innovation in recognition of their creativity in finding affordable housing in Maine.
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The Loan Fund Honored Twice during Small Business Week
The Loan Fund, a partner of the Adrian Dominican Sisters through the Portfolio Advisory Board’s Community Investment Committee, was honored twice during Small Business Week in June for the difference it has made to small businesses and non-profits in New Mexico. Read the entire article by clicking here.
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Cornerstone Corporation for Shared Equity
Each month the Federal Reserve Bank of St. Louis recognizes a group who exhibits innovation in community Development. This month, Cornerstone Corporation for Shared Equity (an Adrian Dominican Sisters’ borrower) is featured.
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