Montezuma Ball

MONTEZUMA BALL 2011: MAJOR BENEFICIARIES

New Mexico Community Development Loan Fund

Mission Statement: To provide loans and assistance to improve the economic and social conditions of New Mexicans.

Founded in 1989 by a group of concerned people affiliated with the New Mexico Conference of Churches, The Loan Fund is the oldest and most experienced alternative lending group in New Mexico. Since 1990, The Loan Fund has made more than $41.7 million in loans (including over $12.3 million in 2009-2010), which have helped to create or preserve 6,000 jobs throughout the state; and currently has over $11 million “on the streets.” The loan repayment rate stands at 97.5%.

Funding comes from a variety of sources, including but not limited to: N.M. Small Business Investment Corporation, Small Business Administration, U.S. Dept. of Agriculture, numerous religious orders, Bank of America, and many private citizens who believe in the organization’s goals. The Loan Fund lends to hard-working people leading for-profit businesses and non-profit organizations; and is the only alternative lender in the state that makes loans to non-profits.

President & CEO Leroy Pacheco, the Board of Directors and the staff of The Loan Fund all share the passion of Founding Board Member Sister Maria Luisa Vasquez of the Adrian Dominican Sisters: to build community and eliminate poverty in New Mexico.

For more information, please contact, Leroy Pacheco, 505-243-3196, ext. 25, Leroy@loanfund.org

Albuquerque Independent Business Alliance

Mission Statement: To champion the economic success of local, independently-owned businesses and increase public awareness of the many and far-reaching benefits of “buy local, growing local and thriving local.”

Albuquerque Independent Business Alliance (AIBA) was formed in 2003 by a passionate group of local business owners to preserve our city's unique character, strengthen the city’s tax base, help build a sustainable economy, and encourage diversity. AIBA maintains an active and interactive website, providing a categorized list of members to assist the members of the public wishing to shop locally.

AIBA also publishes a monthly newsletter, arranges and facilitates regular monthly “lunch and learn” meetings for small business, and sponsors networking events for members and their guests once each quarter.

For more information, please contact: Jane Bradley, Executive Director, janewhom@aol.com, 505-710-6484.