Migdonio is 41 years old and is married with three children – 11, 5 and a 1-year-old baby. He is a client of Asociación Arariwa and part of a communal bank consisting of 26 members in Cusco. The group is called "El Amanecer", which means "Daybreak" in Spanish. He is from Convención and lives in Cusco.
Migdonio appreciates, and thanks you for, the loan and promises to make the monthly payments on time.
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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