Carlos Antonio is a member of the Communal Bank “Tercer Milenio” (Third Millennium), which is part of Asociación Arariwa. It has already been a year that he has participated in the Communal Bank. His first loan as a member was for $100, which he used to invest in his business. He currently needs a loan to buy a cement mixer. His wish is to open his own business manufacturing bricks and cement blocks.
Carlos Antonio is grateful for this opportunity and commits to making his payments on time.
Carlos Antonio pertenece al banco comunal “TERCER MILENIO” de la Asociación Arariwa. Ya es un año que participa en el banco comunal. Su primer crédito del socio fue de 100 dólares de las cuales invirtió en su negocio. Actualmente, el socio requiere el préstamo para comprar una mezcladora. El anhelo del socio es abrir su propia negocio de fabricación de ladrillos y bloquetas de cemento.
El socio se encuentra agradecido por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.
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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