Cristina and her partner own a carpentry business, producing and selling furniture made from wood and iron as well as upholstered pieces such as sofas and armchairs. Together, they have a six-year-old daughter. They have been in the business for 15 years and rent a workshop from which they manufacture their pieces.
Cristina is requesting a loan in order to purchase supplies such as wood, lacquer, and sealant, as well as to partially cover her employees’ salaries. As she continues to grow her business, she looks forward to one day owning her own studio and a store to exhibit her furniture. She would also like to begin exporting her furniture in the future.
Cristina is one of 14 members of the village bank “Los Alamos de la Estacion” located in the Andean highlands of Urcos, Cusco.
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).