Irenes Altagracia Batista's Group

Irenes Altagracia is married with two children; one son that attends secondary school and a daughter who studies at the university. Her husband is a school teacher. To supplement her family's revenue, Irenes sells an assortment of women's underwear and slippers. She started her business about seven months ago and humbly explains that she still has to push harder and harder in order to better position her business and outshine the competition. She believes that a new collection of modish undergarments and slippers will allow her to achieve her business goals.

Every two weeks, this entrepreneur has to travel outside of her community to make the purchase of the goods. She spends a lot of money on transportation. She plans on using her loan to buy a large stock of the products she sells. That way, she'll be able to reduce these frequent trips which are not convenient for her, as they negatively affect her profit margin. Irenes hopes that her loan will allow her to move her business forward and improve her family's lifestyle.

Irenes Altagracia will receive the funds along with the following women:

Teresa Maria Lebron, who sells pants and shoes;

Ivelisse Adalgisa Basora, who retails women's clothing in the community;

Julia Mercedes Capellan, a mini-market owner;

Velkis Jackeline Evangelista, who will invest her loan to buy cloth and sewing materials for her small sewing workshop.

In the photo, from left to right: Teresa, Ivelisse, Julia, Irenes and Velkis.



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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