Kiva Lending Team: Loyola Microfinance Cooperative
We loan because...
The Loyola University Maryland: Microfinance Club hopes to promote and engage in direct investment in entrepreneurs and businesses in need of crucial loans to better their own lives. Our object is to be productive member of a movement to fashion a world in which as many materially poor and near-poor households as possible have permanent access to an appropriate range of high quality financial services, including not just credit, but also savings, insurance, and fund transfers.
We also seek to create an environment of cooperation on campus in which students, faculty and staff become more educated on issues affecting marginalized people around our world as part of the Jesuit mission of being women and men for and with others.
We are a group of college students interested in sharing our resources for the good of people around the world.
Location: Baltimore, Maryland, USA
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Ana Fabiola received a loan from Peter buy a variety of drinks and fried goods as well as buy supplies for her foodsales.
Yajayra Dariela received a loan from Peter to purchase blouses, dresses, shirts, pants, etc., for her business.
Darwin Alexander received a loan from Peter to buy cement, clay, dirt, and other supplies for making bricks and tiles.
Gulmairam received a loan from LMC to purchase four heifers to increase the profits from her business.
Bocana De Ostiones Group received a loan from LMC to buy jeans, dresses, blouses, t-shirts, and underwear in order to increase the business's merchandise.
Manana received a loan from LMC to renovate a flat and rent it out in order to generate additional income.
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