Antonia Melenciano Delgado's Group

Antonia has been member of our microcredit program for more than a year, and she's now taking out her third loan. Antonia sells a collection of women's clothing in her hometown, the Piedra Blanca community of San Cristobal. She and her husband have school-age children, so she constantly has to spend a lot of money on books and other school materials. Antonia would like to have her own house. She explains that she pays more than 3,000 Dominican pesos (1 USD = 34 pesos) for the rental of the small house she lives in. With her loan, she will buy new and exclusive clothing which can generate a greater profit for her. She hopes that her business will allow her to reach her goals.
Antonia will receive her loan together with these women:
Ana Lidia Peguero Mateo, who operates a small 'ventorillo' (sales of fruits and vegetables).
Juana Ivelisse De Los Santos, who sells clothing.
Justina Carrasco Cuevas, who owns and operates a butcher shop.
Maria Cristina Mateo Pimentel, who sells jewelry.
Picture shows from left to right: Ana Lidia, Juana Ivelisse, Justina, Maria Cristina, and Antonia.





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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