Basic Facts Sheet

Adrian Dominican Sisters

Portfolio Advisory Board
Alternative Investment Loan Fund

1257 East Siena Heights Drive
Adrian, MI 49221-1793
(517) 266-3520 / Fax: (517) 266-3524

Contact: Lura Mack

E-mail: [email protected]

Loan Fund Size: $3,500,000

Investments made in 2005:

Investment Range: $10,000 - $100,000

Average Investment: $45,000

Geographic Area: All areas in U.S. and international loans through intermediaries

Application Deadline:

Pre-applications: accepted anytime
Full applications: as requested by the AI Coordinator
Decisions made generally within one to two months of application review

Areas of Interest: Housing and small business development with a focus on women and the poor. Also interested in fostering cooperative development, community loan funds, community banks and credit unions, and micro-enterprise loan funds. Loans made directly to projects as well as through intermediaries. International loans must be made through intermediary organizations.

Loan Application Process:

1. Pre-application forms may be requested anytime from the PAB Office or at and are accepted anytime throughout the year.

2. After review and approval, full applications are sent.

3. Full applications should be submitted within the timeframe requested by the AI Coordinator, depending on fund availability.

4. Committee review generally takes place within two months of application.

5. Committee recommendations are made to the full Portfolio Advisory Board.

6. The General Council of the Congregation makes the final decision.

7. Loans are disbursed.