Karina is 26 years old and single. She currently lives with her parents while she attends the National University of San Antonio Abad Cusco. She is asking for a $600 loan in order to invest in her mother's small grocery store. With the loan, she plans to purchase more groceries for the store such as sugar, rice, flour, and other necessities. Karina is a hardworking student and is committed to helping her mother with her business. She promises to make all of 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).