GUMA Participants Complete Microcredit Training Program


Guam – Guam Unique Merchandise and Art, Inc. (GUMA) participants completed the University of Guam’s (UOG) Small Business Development Center (SBDC) Microcredit Training Program. 

Beginning in April, the 12-week microcredit training program was facilitated by Denise Mendiola-Hertslet, Senior Business Counselor and Program Coordinator for the SBDC.

The training consisted of personal and business financial literacy, developing a marketing and business plan and peer group development. Cultural producers and artists worked closely with Mendiola-Hertslet to finalize their business plans for presentation to their peers, and officials from the Pacific Islands Microcredit Institute and GUMA.

Graduation Certificates were presented to all participants followed by a fiesta luncheon held on Saturday, July 6 at the SBDC.

A second series of the Microcredit Training Program is scheduled to begin October 5, 2013. For more information on how you can attend and be a member of GUMA, please call 646-3448 or email

[Front Row:  L-R: seated L-R:  Nieves Garces, Jonathan Bordallo, Diane Prejean, Vivian Leon, Alvina Ulloa, Denise Mendiola-Herstslet, SBDC Program Coordinator;  2nd-Row:  Rolly Zepeda, Gabrielle Ficke, Grace Bordallo, Desmond Mandell, Ron Castro, Colleen Weller, Elisa Lamorena, GUAM Board Treasurer, Clifford Guzman, GUMA Project Director, Jennifer Sanchez, President, Pacific Islands Microcredit Institute, Joe Guerrero, Chris Mahilum, Monica Guzman, GUMA Board Secretary, Charito Mahilum, Christianne Mahilum.]