Juana Medrano Quezada's Group

Juana, 46, has two grown sons. She got divorced many years ago and had to support her sons on her own. Juana owns and operates a small grocery store, which she started about three years ago. Juana operates her store from her own house, as she doesn't have the necessary capital to buy or rent an establishment. Her business is very successful, and each day lots of people visit the store to purchase various goods. The most demanded products are rice and beans.

Currently, Juana's business is short of the most important foodstuffs. She has requested a loan to restock her store so that she can keep satisfying her clientele and increase her earnings. Juana will receive her loan together with the following women:
Altagracia Gonzalea Ortega, a clothing retailer;
Altagracia Montero Medina, to sell pants and slippers;
Juliana Ramirez Polanco, to produce fried food; and
Ana Maria Hernandez Ramirez, to invest in clothing to sell.

Pictured from left to right are Juana, Altagracia Ortega, Altagracia Medina and Ana Maria.



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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