Juana Serrano's Group

Juana, the leader of this group, is 36 years old and the proud mother of two school-aged children. She operates a small shop that she started about two years ago. Juana sells an assortment of women’s sandals, socks, undergarments, nail products, deodorant, body lotions, and a wide range of other products. Juana started her business with her husband’s help. She tells that at the beginning, it was hard to maintain a positive cash flow, but currently she’s making a profit from the business. Now, she wants to boost her revenue so that she can better support her children's education. She would like to own her own store and a house some day.

With her loan, Juana will buy new and exclusive items that she believes could generate better profits for her. Juana hopes that she’ll be given this loan soon so that she can be one step closer to her goals.
The members of Juana’s group are:
Magdalena Alvarez Fabian, who sells clothing;
Aida Criselda Mota Ponciano, who sells undergarments;
Sonia Altagracia Carrera Vasquez and Gladys Mota Moreno, both of whom operate a beauty salon in the community.
The principal photo shows, from left to right, Juana, Magdalena, Aida, Sonia and Gladis.
The small photo on the bottom right shows Juana’s store.



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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