The member belongs to the “Pro Desarrollo” cooperative bank, located in the Pisac district of the province of Calca.
Her name is Aurelia and she is 36 years old. Aurelia is married and has three children. She requesting the loan to invest in more inventory for her handicraft business in Pisac. She sells typical Peruvian handicrafts to the tourists visiting the Pisac ruins in the Pisac fair.
She is very happy with the loan granted, and commits to making her payments within the established time frame.
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).