La Revolucion- Group 1
Mrs. N. M. is a member of a 7 person group, Group 1, which is part of a larger micro-bank called La Revolucion, "The Revolution" in English. In the picture, Mrs. N. M. is in third from the right in the back with a blue shirt on along with members of her group and some others of La Revolucion. Her story is just one of a list of men and women who are improving their quality of life through the help of micro-credit loans of Esperanza. Together, this group has united with a common vision of a better life with faith and hope in their hearts and an unbreakable spirit. The concept of group lending is to have loans paid in a group to reduce the risk of a person defaulting, as others pick up where a person may lag to receive the next loan. Each of the associates in this bank has a similar business such as a restaurant or selling clothing. Thank you for your support and awareness of this issue, and it is your concern and efforts that is able to bring a difference to the lives of people such as Mrs. N. M..
This is a Group Loan
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Success!! The loan was 100% repaid