Porfia Martinez's Group

Raquel, a woman who belonged previously to a Committee of Entrepreneuring women invited her friends to form a new one. They set up a meeting and invited many women from the town. There Raquel shared with these women their previous experience in the Committee and explained to them how the Committee changed her life. Raquel’s hopeful words stimulated optimism among these women and they decided to form a Committee.

Porficia Martinez sells coal, Raquel Insfran sells jewelry, Diana Gonzalez and Patricia Mendoza own a hair salon, Limpia Nunez sells cleaning products, Justa Ruiz is a cook, Agustina Gomez makes and sells chipas, Sonia Mongay, Rossana Bernal and Agueda Sosa sell cosmetics, Francisca Caniza owns a grocery store, Blanca Rodriguez and Dora Achar sell food, Graciela Lopez sells silver products, and Angela Martinez sells natural remedies.

The credit provided will be used for the purchase of sugar, drinks, milk, cheese, cleaning products, flour, eggs, hair accessories, cosmetics, etc.

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