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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Esperanza Group received a loan from Sellinger Microfinance Club to buy household appliances wholesale.
Editha received a loan from Sellinger Microfinance Club to pay for fertilizer, seeds and other materials for her ornamental-plant-growing business.
Damaris received a loan from Sellinger Microfinance Club increase our production by allowing us to purchase larger equipment as well as increase the efficiency of our packaging process by ordering larger quantities at a reduced rate.
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