The loan recipient is a member of the village bank "AMAUTA" located in the district, province and department of Cusco.
She is 72 years old, married and has 2 children. She combines her daily activities with her jewelry business. She makes earrings, necklaces and bracelets and sells them on the street. She is also a teacher, and through her job and her business she helps her children to get ahead. She wants to improve her jewelry business. She asks for a loan to buy materials like silver to make earrings, necklaces and bracelets.
She is happy about the loan and promises to make her payments.
La socia pertenece al banco comunal “AMAUTA”; El banco está ubicado en el distrito D. Cusco, perteneciente a la provincia D. Cusco, y departamento D. Cusco.
La socia tiene 72 años D. edad y es casada y tiene 2 hijos; La socia alterna sus actividades diarias con el negocio D. bisutería, ella hace aretes, collares y pulseras y lo venD. en forma ambulatoria, la socia también es profesora y por medio D. este trabajo y negocio sacan adelante a sus hijos, la socia quiere mejorar el negocio D. bisutería. La socia solicita el préstamo para comprar materiales como plata para hacer aretes, collares y pulseras.
La socia está feliz por el préstamo y se compromete a cumplir con los pagos D. su cuota.
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).