Susana Nicasio Mosquea's Group

Susana is the coordinator of this group of businesswomen who live in Cajuiles, a small town of Cotuí. Susana owns and operates a grocery store which she started about four years ago, and it enjoys an excellent reputation for offering good quality and low-priced products. Susana's husband is a farmer, and the couple has four children attending school.

Since turnover in her business is very fast, this entrepreneur needs to continually purchase more and more goods in order to satisfy her clients' needs. She is requesting a loan to buy some sacks of rice, fresh chicken parts, cooking oil and other foodstuffs that are running low in her grocery store.

Susana hopes and expects that her business will keep growing, thereby enabling her to improve her family's living conditions.

The members of Susana's group are:
Antonia De Jesus Taveras, a clothing and footwear retailer;
Joselin Brito Contreras, who operates a mini-market;
Gertrudis Victoria Torres Rodriguez, who operates a grocery store;
Vicenta Liranzo Crisostomo, who'll invest her loan in footwear.

The picture shows from left to right: Vicenta, Gertrudis, Joselin, Antonia and Susana.




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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