Fernande Lafalaise's Group

Once she arrived in her new country, she started selling underwear with the help of friends. Since that time, she has gradually added new items to her stock as a way of getting new customers. Now she’s a well-established supplier of underwear, shoes, pants and perfumes in her community. She has applied for a loan to buy a larger quantity of products to offer her customers. She hopes that her business will keep growing so that she can save enough money to rent or buy a small store from which to run her business. She is also determined to keep supporting her son’s education until he becomes a professional.

Fernande will receive her loan with the following women:
Marleny Roman, a small clothing-shop owner;
Gladys Livarez Esperanza, who’ll use her loan to buy shoes to resell in her community;
Haleine Philocin, who sells perfumes, beauty soap, deodorants and beauty products; and
Guerda Francois, who sells women’s clothing in the community
Photo: left to right: Guerda, Haleine, Gladys, Marleny and Fernande.



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