Our first microfinance transaction

As we have previously mentioned, we are very committed to supporting entrepreneurialism that assists impoverished communities break the poverty cycle. A mechanism through which to achieve this is made possible with the relatively recent advent of microfinace. We are pleased to say that Ecolease has just registered with such a microfinance institution, Kiva.org, and made our first very modest loan to the overall loan requirement of the Al Abrigo Del Altisimo Group, a small food production and sales company situated in San Pedro De Macorís, Dominican Republic.

With time and a little more organisation we will set up a group account with Kiva that will enable you, should you wish to, assist small enterprises such as Al Abrigo Del Altisimo Group more quickly raise the capital they need for their business.

Importantly, the financial contributions that are made to small enterprise via Kiva are not donations but loans that are paid back with minimal interest to the lender. Furthermore,  100% of the loan goes to the intended business. If a lender chooses, they can make a small donation to Kiva to finance the costs associated with the processing of the loan.

Another indirect way that you can undertake micro-lending is by switching to Digital Pacific via our website (just click on Digital Pacific banner below) to host your website. In having joined their Affiliation Program Ecolease will receive a monetary reward for introducing you to them which we will upon payment immediately transfer to Kiva for their use. Killing two birds with the one stone so to speak…good for the environment, good for impoverished communities.

Think about it!

You can keep track of our lending by clicking on the Kiva.org logo below.