Partners for the Common Good, Inc.

Partners for the Common Good (PCG) is a US based nonprofit loan fund that is a U.S. Department of Treasury certified Community Development Financial Institution (CDFI). Our international portfolio supports primarily microfinance with secondary focus on fair trade organizations across the globe that benefit the poor. Within the United States, we operate as a loan participation network among mission-based lenders to support affordable housing, community facilities, neighborhood revitalization and non-profit and for-profit social enterprises creating benefits for low income people and communities. Our revolving fund is capitalized through the sale of Community Development Notes (CDNs) (a debt security) to qualified institutions for terms of 5-10 years at a fixed annual return rate of 0-3% (negotiated). Sales of CDNs must comply with all Federal and state securities laws. All CDNs are issued pari passu.

Financial description

PCG received a strong rating of AA2+ by the CDFI Assessment and Rating System in 2010 based on financial, social impact, and policy advocacy performance. We have a near 100% renewal rate among maturing investors, have never lost a single dollar of investor principal nor missed an investor interest payment.PCG has a long record of successfully supporting microfinance and fair trade funds promoting poverty reduction within the developing world. Within our U.S. strategy, we have built a strong network of local lending partners with intimate knowledge of communities served and ability to conduct direct due diligence and monitoring. Our staff, external loan committee, network of specialized underwriting consultants, and Board collectively possess strong expertise within all of the sectors we support. We generally serve only borrowers with 3+ years operations, strong management teams, strong cash flows and/or debt coverage ratios, and ability to pledge traditional and non-traditional collateral. We limit exposure by loan size, borrower, lending partner, and geography.