Julio Cesar is 32 years old and married with two children aged 9 and 14. He has a business selling car parts and also fixing up cars to sell. Julio Cesar has been doing this work for about four years and enjoys it a lot. With this loan, he plans to purchase more vehicles that he can fix up and then sell. As a result of buying more cars, Julio Cesar hopes to be able to expand his business. He is committed to making all the necessary loan 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).