Nicolasa has a small grocery store in her home where she sells basic necessities such as rice, sugar, noodles, and other items. She has already been in this business for three years and has done very well as a result of the effort she puts into her work. Nicolasa is a member of the Communal Bank “Conzume III”, which is part of Asociación Arariwa. She has requested loans on several occasions. For this opportunity, Nicolasa needs a loan to increase her business capital. She wants to buy more merchandise such as rice, sugar, noodles, and other products.
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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