Once you've installed Acrobat Reader, simply click on the link to view the document. Repayment Genesis makes payments of simple interest on the loan anniversary each year. Principal is normally repaid in a lump sum at the end of the loan period. Amortization of principal may be requested. Loan loss reserves are maintained to pay back investors if a loss should occur.
Additional security derives from the shared sense of commitment by all parties.
As with all investments, however, some risk exists. Grants and gifts can be unrestricted or designated for operating expenses, loan capital, or technical assistance. Gifts to cover administrative costs make it possible to pool all investment capital and allocate it entirely to community projects. Genesis Community Loan Fund. All Rights Reserved.