SELF APPROVED FOR SECOND LOAN FROM THE ADRIAN DOMINICAN SISTERS

St. Lucie County, FL, May 14, 2014 –

The non-profit Solar and Energy Loan Fund (SELF) received confirmation today from the Adrian Dominican Sisters (ADS) that they have been approved for another loan for $165,000. SELF was originally approved for a $35,000 loan last year and, after successfully deploying these initial resources with zero delinquency or defaults, ADS has now increased the overall size of the loan to $200,000.

ADS provides community development investments to credit unions, banks, housing projects, worker-owned cooperatives, loan funds and community organizations, with the goal of creating affordable housing and sustainable jobs. ADS has issued 448 loans since 1978, and SELF is the first organization in Florida to be approved for a community development investment. SELF will utilize the loan capital to finance more home energy retrofits, with a focus on low and moderate income census tracts.

SELF’s Chief Financial Officer, Duanne Andrade, said, “This is another vote of confidence from a prestigious community development funder who recognizes that SELF has proven its capacity to deploy and manage micro-loans successfully, while creating triple bottom line impacts.”

Lura Mack, Director of the Portfolio Advisory Board for ADS, said, “We are pleased to be working with the non-profit SELF organization to advance our common goals and to assist with community development activities in underserved areas in Florida.”

For more information about SELF, please visit www.solarenergyloanfund.org or call (772) 468-1818. To learn more about ADS, please visit http://pab.adriandominicans.org/Home.aspx.

The Author

Reporting and New Project Officer

Jacqueline is currently earning her degree in Computer Science with a focus on Software Engineering. She gained experience with SELF by volunteering time to assist with DOE reporting, ARRA & County as well as internal reporting. She also assisted in the development of the new Management Information System (MIS). Due to her high performance, she was hired on a part time basis as the IT and Reporting Associate and is now performing several duties including; troubleshooting hardware/software issues, data management assistance, graphic design and web maintenance. She is also responsible for SELF’s internal “ RESULTS DASHBOARD” a well as completing reports to various government and funding organizations. Hudson works in close liaison with all staff members to collect information and reports to directly to the CFO as well as to the Executive Director when needed, on all aspects regarding data and systems.