Senior Debt: has  a  maximum  term  of 7 years and biannual interest payments. The minimum amount is $ 100 K. LA-CIF´s USAID  guarantee,  level  of  subordinated debt and net worth, portfolio quality and shareholder’s solvency minimize the risk of the senior debt. 

 Subordinated Debt: not available  


LA-CIF will issue new shares based on its capital structure and the value added that potential shareholders may provide.

Shares are comprised by “units” (equity units) that include 1 common share  and  999  preferred  shares.  Common shares  have  voting  rights  and  preferred shares generate cumulative dividends of 6% per annum.





The investor contacts Cyrano (see “Fund Manager”) and provides the following information:
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Amount and term of the loan or equity investment
Brief description and institutional references

..
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LA-CIF sends financial reports and communicates conditions of the transaction.
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The investor sends a letter of intent confirming his fund availability, agreement with the probable conditions and investment calendar.
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LA-CIF sends financial, legal and operational documentation.
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LA-CIF and the potential investor approve the transaction.