Group Rules

Rules developed by this group to govern their own practices



Women of Success (Translated from Spanish)-
(Written by the women in the group, and posted on the wall during all meetings)

To participate in this group:

1. Women must live in the neighborhoods of San Juan Chapultepec

2. Must be at least 18 year old, no upper age.

3. With or without children

4. Have a small business idea, with or without business experience

5. OK for two members of the same family to participate
For example: Mother and Daughter

6. The group will be managed by a committee with 5 members: President, Secretary, Treasurer, 2 at
large members

7. Each cycle (4 months) will be a new election - A member can stand for reelection for a second cycle

8. Each month are 4 weekly payments to repay the loan

9. The minimum savings obligation is 20 pesos

10. Meetings at Monte Alban #19 -each Tuesday at 6PM

11. Penalties
a. Late to meeting - 10 pesos
b. Missed meeting - 50 pesos
c. Late payment and absent - 50 pesos
d. A person may lose the right to participate in the group if they have 2 late payments in a row - 50 pesos

12. The interest rate for loans is 3%

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