Eulalia belongs to a village bank called “Señor de Accha.” The bank is located in Pisaq, a district of Urubamba province in the Cusco department. Eulalia is thirty-five years old and sells wholesale and retail produce in the local marketplace. The market is generally open six days a week from 5 a.m. to 4 p.m. Eulalia's stand offers fresh vegetables such as squash, beans, peppers, and limes.
Eulalia plans to use her loan to purchase vegetables for her business. She is thankful for the support and hopes to continue attracting more buyers and expanding her business.
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).