Showing posts with label Kiva Updates. Show all posts
Showing posts with label Kiva Updates. Show all posts

Thursday, August 18, 2011

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!

Wednesday, May 25, 2011

Kiva Featured Borrowers Group: Sokhoen's Group in Kampuchea

Mrs. Sokhoen's group, Kampuchea

Consilium believes economic, social and cultural development are linked, and we believe all three forms of development  must be supported at the local, regional, national and international levels. That's why we support Kiva, a non-profit organization that connects people through lending to alleviate poverty. Leveraging the internet and a worldwide network of microfinance institutions, Kiva enables individuals lend as little as $25 to help create opportunity around the world.

The Consilium Group is currently supporting several projects. One is the initiative led by Mrs. Sokhoen, shown above.