Rosa Vasquez Vasquez's Group

Rosa has been operating a small grocery store for seven years. She explains that when her husband passed away last year, it was very difficult to sustain the business on her own and maintain the cashflow. As a consequence, she had to give up her plan of renting a small space to run the business.

Rosa is requesting a loan to buy a large variety of goods to replenish her store so that she can keep satisfying her customers’ needs and capture new clients to her business. She hopes that her business’ continued growth will help her to get enough money to rent a location for the business and allow her customers make their purchases in a comfortable way.

The members of Rosa’s group are:

Ruth Dieujuste, a clothing retailer,

Jacqueline Jean Baptiste, who will invest in purchasing clothing in bulk,

Silvinana Lima, who will sell shoes for a small business,

Lourdes Jose, who sells women’s clothing.



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