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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Dala Group received a loan from LMC to increase her merchandise with a new collection of cosmetics and make up.
Guillermo Alcides received a loan from Marci to improve his home, specifically to make improvements to some walls and part of the roof before the rainy season.
Mohammad received a loan from LMC to buy a new rickshaw to provide better transport services and productivity.
Aminata received a loan from Brendan to purchase items such as sardines, bags of sugar, etc for her store.
Evelyn received a loan from Mitch to pay for some additional computers and maintenance for her business.
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