Rural Community Finance.   Global Interconnectedness.   Investing in a Prosperous Future for Guatemala.
Fueling the Entrepreneurial Spirit in the Developing World
Pajebal, Inc. is a U.S. 501(c)3 non-profit organization
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After serving for two years as a Peace Corps Small Business
Development Volunteer in the rural western highlands of
Guatemala, Rob founded Pajebal for what he saw was a
necessity—to continue to provide potential-infused local
small businesses and driven entrepreneurs with access to
low-interest capital, along with the guidance and know-how to
allow them to prosper. During Rob’s Peace Corps service he
Rob Krieger
President & Founder (Chair)
developed and managed the local Guatemalan savings & loan cooperative, CODICAP, R.L.
Rob’s work with the cooperative received significant accolades, which included site visits from
the Peace Corps’ Regional Director for the Inter-American and Pacific Region, as well as from
the U.S. Ambassador to Guatemala.

Prior to Peace Corps service, Rob completed the twelve-month Corporate Management
Training Program at North Fork Bank, a 400-branch New York-based bancorporation currently
owned by Capital One Financial.

Rob holds a B.A. in Economics from Duke University as well as an MBA from Duke's Fuqua
School of Business. He is currently a Project Manager for Deere & Co., the world's largest
manufacturer of agricultural machinery.
James is currently a Vice President at TAP Advisors, a
boutique investment bank based in New York. Prior to joining
TAP, he was a Director at Menlo Capital Group, a family
investment firm, where he was responsible for deal sourcing,
due diligence, execution and capital raising, including raising
$120 million in private equity financing to pursue
middle-market healthcare investments. Before joining Menlo
James Park
in 2007, James was at DLJ Merchant Banking Partners, where he worked on a broad range of
private equity transactions totaling $4.5 billion in transaction value across the healthcare,
business services and industrials sectors. Prior to joining DLJ, he worked in the Mergers &
Acquisitions group at UBS Investment Bank, where he executed a variety of advisory
assignments for corporate clients and financial sponsors. James graduated from Duke
University with a B.A. in Mathematics and a B.S in Economics and completed the General
Course in Mathematics at the London School of Economics.
Craig Badger
Strategic Advisor
Craig is Deputy Country Director of Peace Corps Guatemala.
From 1997 to 2011 Craig served as the Training Director first
for Peace Corps El Salvador and next for Peace Corps
Guatemala.  Originally from Rochester, MN he has a B.A. in
Biology from the University of Minnesota - Duluth and directed
a zoo, nature center, and park for 10 years after graduating.  
Craig served as a Peace Corps Volunteer for the Environmental Management program in
Guatemala. His wife of 15 years is Guatemalan and he has a daughter, two step sons, and
currently is caring for a foster boy. They make their home in Santa Lucia Milpas Altas,
Sacatepequez, Guatemala.
Marco Tulio Lopez
Marco is Regional Director of the department of
Totonicapán for the Guatemalan National Cooperative
Oversight Organization, INACOP.

During his adolescence, Marco received a scholarship
to study in El Salvador at the
Instituto Salesiano Rinaldi
de San Salvador
, and he continued his studies in
Board of Directors
Katie Bovitz
Katie graduated from Miami University (OH) in 2002 with a B.A.
in International Studies. She spent three years in the Peace
Corps in Guatemala, arriving in the same group with Pajebal’s
founder. Katie worked in Peace Corps Guatemala’s
Appropriate Technology Project on infrastructure projects with
a local non-profit organization, as well as with Engineers
Without Borders, with whom she has returned to the country
several times since ending her Peace Corps service. In 2011 she graduated with an M.S. in
Agricultural, Environmental and Development Economics from the Ohio State University,
where she conducted most of her research on microfinance. Since September, 2011 she has
been working in the R&D department of the largest non-bank financial provider in South
Kate Cleary
Kate completed her M.Sc. in Fish, Wildlife, and Conservation
Biology at Colorado State University in May of 2010.  She
participated in the Peace Corps Masters International
program, in which students enroll simultaneously in a Master’s
program and the Peace Corps.  After two years of course work
at CSU, Kate traveled to Totonicapán, Guatemala to complete
her Peace Corps assignment.  During her time in Guatemala,
she conducted research on the birds of the little-known forests of Los Altos de Totonicapán,
and served as an environmental educator at a regional protected area,
Sendero Ecologico El

Kate continues her conservation work in Latin America working towards a Ph.D., studying the
connectivity of biological corridors in San Juan la Selva, Costa Rica.  
Guatemala concentrating on law and education at the Universidad de San Carlos in

Marco has worked with cooperatives and Peace Corps Volunteers in the western
highlands of Guatemala for over 15 years. He resides with his wife and children in the
city of Quetzaltenango (Xela).
Strategic Advisor (non-voting)