Sorayda is 50 years old and married with three children who live separately from her. She is the owner of a store in which she sells a wide variety of different necessities for raising animals and farming. Her merchandise includes food for rats, chickens, cows, and cats, various antibiotics for animals, different sizes of cages, insecticides, and ammonium phosphate. Her business is fairly new as she has only had it for two years. Before that she owned a small grocery store. Sorayda is asking for a 1,000 dollar loan in order to add to the merchandise she sells in her store. She is very proud of her store and desires to continue to improve it. She is committed to making 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).