Gleni De La Cruz's Group

She humbly explains that she still has to work hard and promote her products in order to capture potential customers. Gleni also wants to purchase a new variety of good quality and low-cost garments to add to her limited inventory. She hopes that the loan requested will allow her to have enough working capital so that she can strengthen her new business. Gleni says that she'll keep doing her utmost so that her children can receive a good education.

Gleni will receive her loan along with these women:

Celenia Jorge Fermin, a fruit and vegetable stand owner,

Ana Iris Fermin Garcia, who sells clothing,

Yoselin Pinales Jorge, a used garment retailer, and

Annery Maribel Asencio De La Cruz, who sells ripe fruit in the community.

The photo shows from left to right, Gleni, Celenia, Ana Iris, Yoselin and Annery.



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