Kiva: Making a Difference

Narcise de Jesus Vega Pazos - in business,
with your help!

As you know, Consilium is a strong supporter of Kiva, the not-for-profit microfinance organization that provides low-interest loans to small businesses in disadvantaged countries.

The employees of Consilium have now made 27 loans to small entrepreneurs and groups around the world for a total of almost $1000 loaned.  $325.24 has been paid back so far with only $2.05 lost through default - a success rate higher than any mainstream lending institution.

Our Spotlight loan today is on Narcise de Jesus Vega Pazos from Ecuador.

She has received a $300 loan from a Kiva Lending partner for fertilizer and seeds to grow corn, rice and beans. She buys the supplies from the Guzman market in Ventanas, and sells the produce at the wholesale market in Ventanas. Narcise is 47 years old and lives with her husband and two children in Ventanas Township, Los Rios Province of Ecuador.

Our loan will help her increase her crop and deal with the challenges of pests and plagues. Narcise is an enterprising and hard-working woman. Like most Kiva entrepreneurs, her only goal is to better her family's life and to work hard.

Please help individuals like her by joining our lending group, or forming one of your own and lending $25. It could make all the difference in the world!