Justina is part of the Los Diamantes community bank. This bank, whose name means “The Diamonds” in English, consists of 32 members all hailing from the Cuzco area. Justina is originally from Vilcabamba, a historic city that served as the last refuge of the Inca Empire. However, Justina has been living in the city of Cuzco for many years. She is 38 years old and lives with her spouse and her 9-year-old child, who is currently enrolled in a local elementary school.
Justina makes a living selling artisan goods. She sells mostly woven goods but also some metal items, and buys the raw materials from local wholesalers. She sells these artisan goods in the Plaza de Armas, a main tourist hub of the city. Justina makes 180 soles per day on average, around 60 US dollars.
Justina will use her loan from Kiva to further her artisan business. She is appreciative and thankful for the loan, and promises to pay the monthly payments on time.
About 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).