Identifier
Created
Classification
Origin
07SANJOSE18
2007-01-08 21:30:00
UNCLASSIFIED
Embassy San Jose
Cable title:
DUE DILIGENCE FOR OPIC-SUPPORTED INVESTMENT FUND
how-toVZCZCXYZ0026 PP RUEHWEB DE RUEHSJ #0018 0082130 ZNR UUUUU ZZH P 082130Z JAN 07 FM AMEMBASSY SAN JOSE TO SECSTATE WASHDC PRIORITY 6941
UNCLAS SAN JOSE 000018
SIPDIS
SIPDIS
E.O. 12958: N/A
TAGS: EINV CS
SUBJECT: DUE DILIGENCE FOR OPIC-SUPPORTED INVESTMENT FUND
REF: State 200498 (2006)
UNCLAS SAN JOSE 000018
SIPDIS
SIPDIS
E.O. 12958: N/A
TAGS: EINV CS
SUBJECT: DUE DILIGENCE FOR OPIC-SUPPORTED INVESTMENT FUND
REF: State 200498 (2006)
1. The administration of President Oscar Arias has given a priority
to improving the supply of housing for low and middle income sectors
as part of the administration's complementary agenda for
development. The Alsis Latin America Mortgage Fund goal to
originate and securitize mortgages of approximately $30,000 is
consistent with the goals of the Arias administration.
2. Post is aware that the Overseas Private Investment Corporation
(OPIC) recently provided loan guarantees to Citibank for a program
in Costa Rica designed to make loans to small and medium sized
enterprises and for moderate income mortgages.
3. Post has no information, derogatory or otherwise, regarding the
prospective fund manager, nor was post able to locate any reference
to the fund manager in a web search of local press.
LANGDALE
SIPDIS
SIPDIS
E.O. 12958: N/A
TAGS: EINV CS
SUBJECT: DUE DILIGENCE FOR OPIC-SUPPORTED INVESTMENT FUND
REF: State 200498 (2006)
1. The administration of President Oscar Arias has given a priority
to improving the supply of housing for low and middle income sectors
as part of the administration's complementary agenda for
development. The Alsis Latin America Mortgage Fund goal to
originate and securitize mortgages of approximately $30,000 is
consistent with the goals of the Arias administration.
2. Post is aware that the Overseas Private Investment Corporation
(OPIC) recently provided loan guarantees to Citibank for a program
in Costa Rica designed to make loans to small and medium sized
enterprises and for moderate income mortgages.
3. Post has no information, derogatory or otherwise, regarding the
prospective fund manager, nor was post able to locate any reference
to the fund manager in a web search of local press.
LANGDALE