Cinforosa is 60 years old and married with four children. Her occupation is selling food at various markets around the city of Cusco. She sells all types of typical Peruvian food such as sopas, lomo saltado and papas fritas.
Cinforosa is asking for a $1,000 loan in order to buy more ingredients to make her food. She plans to purchase rice, potatoes and oil. She works very hard selling her food at the market every day. Cinforosa is committed to making all of the necessary loan payments.
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).