Quirudis Altagracia Ortiz Cordonis Group

The leader of this group, Quirudis Altagracia, is an experienced and confident businesswoman. She owns and operates a successful grocery store located in her community, Guanuma. About a year ago, she was given a loan to strengthen her business. Quirudis explains that the money received was very helpful. She restocked her store, adding new products that were in high demand in her neighborhood. With profits from her business, the entrepreneur was able to start the concrete foundation for her house. Quirudis is looking forward to finishing her house construction. She is requesting a new loan so her business can generate substantial revenue to help her support her family and reach her goals in life. The optimistic Quirudis is joined in her group by: Santa Acevedo Henrique, a high-spirited and hard-working woman who sells women's clothing; Silvestrina Mariano, who operates a fruit stand; and Yocelin Estevez and Miliota Milien, who sell clothing and underwear in the neighborhood. The photo shows from left to right: Santa, Quirudis, Silvestrina, Yocelin and Miliota.



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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