Michelina Nelson Group

Michelina is 20 years old and she has one son. Her husband works for a construction company. Michelina and the other members of this group are originally from Haiti; Michelina moved with her parents to the Dominican Republic about 12 years ago. Now, she has finished secondary school and needs to start her university studies. As her parents can’t support her, Michelina wants to starts a small business to earn and save money, which will help her to start her studies. She’s requested a loan to start selling tablecloths, bedspreads and window curtains. Michelina is very positive and she’s convinced that her business will be successful. Michelina would like to be a great accountant and says that she’ll do her best to reach her goal.
Michelina is joined in her group by:
Litha Dorlan, who sells footwear;
Lourdes Gregorio, a clothing retailer;
Johanna Jacques, who sells shoes; and
Nerys Castillo, who sells clothing.
The picture shows from left to right: Litha, Lourdes, Johanna, Nerys and Michelina.





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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