Saida is 18 years old and works as a cook in a restaurant. The restaurant serves breakfast, a set lunch menu (typically soup and a main course), and dinner. Saida says that the most popular dish is steak with eggs and fries. She is requesting a loan in order to buy a plot of land where she can build a house. By continuing to support herself, she hopes that she can attend university and become a professional.
Saida is a member of the village bank “Los Caminantes de Ocongate,” which is receiving its first loan from Asociación Arariwa. The group members live in a fairly remote rural community several hours outside of Cusco city, located at an altitude of 3,800 meters up in the Andean mountains.
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).