Gabriela starts cooking each morning around 7:30 am so that she’ll be ready to start serving her clients at 11 am. She has been working this way for about four years now. Gabriela is 42-years old and is married with four children. Three of her children are adults while the youngest is still an adolescent.
Gabriela is just getting her ice cream business up and running again since she doesn’t serve ice cream during the rainy months from January to March. She is requesting a loan of 3000 soles to invest in her ice cream shop. She makes all of the ice cream from scratch, so she needs to buy raw ingredients like milk, sugar, flavoring and food coloring. She will buy fresh whole milk from local producers for 1.30 soles per liter, and 50-kilo sacks of sugar for 90 soles apiece.
Gabriela’s goal for the future is to improve and expand her ice cream shop by buying a more modern mixer, a bigger freezer, and small carts so that local children can sell her homemade ice cream around town.
Gabriela is a member of the Las Triunfadoras (The Triumphant Women) Village Bank, a group of 19 women from the town of Andahuaylillas, about 40 minutes outside the city of Cusco in the Peruvian Andes.
Important InformationAbout Asociación Arariwa
Asociación Arariwa is a large non-governmental organization that started offering microcredit in 1994 to improve the quality of life, skills and equity of the population in the rural Cusco region of Peru. Arariwa serves the southern Andean provinces of Peru, and is distinguished by its efforts to reach the very poor, who often live in isolated rural areas. Arariwa fosters village banking, supports savings accounts, promotes access to education, and empowers women entrepreneurs (who make up 78% of its borrowers).
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Success!! The loan was 100% repaid