Antigua Altagracia Hernandez Pérez's Group

Antigua Altagracia is a proud mother of two boys, aged 25 and 17, both studying at the university. Her husband works as an independent taxi driver. To supplement the family revenue and support her boys’ studies, Antigua sells clothing to men and women in the Libertador community of Santo Domingo.
In order to expand her business, she is requesting a loan, together with four other women who know each other and have been executing small projects jointly. With her loan, Antigua will buy more clothing in bulk to keep satisfying her customers’ needs and improve her family’s lifestyle.

Antigua Altagracia’s group members are:
Claudia Perdomo Medrano, a fellow entrepreneur who sells silver jewelry;
Valentina Echavarria Feliz, who wishes to expand her business of selling men’s clothing;
María Del Rosario Montero, who operates a small silver jewelry business, and
Socorro Trinidad Antonio, who will purchase beauty products to resell in the community.



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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