Geraldine is 18 years old and single. She has a grocery store in her house, which is open from 6 a.m. to 10 p.m. every day. Geraldine would like a loan in order to expand her selection of goods. She mostly sells basic necessities such as sugar, rice, and oil. She hopes that her business will continue to prosper long into the future.
Geraldine is a member of the village bank "Los Hijos de Qolquewasi" in Cusco, which is receiving its 18th loan from Asociación Arariwa.
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).