El Señor Es Mi Pastor #1 Group

Maria lives in Barrio Azul Andres, a town in the municipality of Boca Chica, a well-known tourist area. Boca Chica is known for having soft, white sand; a place where the water is calm, clear and shallow. But what tourists don’t normally see are those who are trying to survive in the nearby communities. Especially now in the down-turning economy, many are left without employment because businesses keep on shutting their doors.

That is why Maria started her own business four years ago -- to try to secure a steady income. She has her own shop where she sells clothes, intimate wear, kids' school uniforms, school supplies, and decorations for the house. Often, when Maria finds it is time to re-stock, but doesn’t have much money saved up to do so, she borrows money from local lenders. The local lenders charge a 20% interest rate per week!

Maria found out about Esperanza through her neighbor and close friend and now she is seeking a loan through Esperanza. Esperanza charges a 2% declining balance interest rate every two weeks; 4% per month. Esperanza also helps its clients with complimentary services, such as a savings account, medical and life insurance, literacy courses, and business management training, just to name a few.

Please strongly consider lending to Maria and her group. They deserves a fair interest rate and an opportunity to grow their businesses. Esperanza thanks you for your time and consideration.

About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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