Betzabe is 22 years old and, for two years, she has been selling artisanal products near the Incan ruins of Macchu Picchu, which receive many visitors every year. Betzabe also recently finished her degree in hotel administration. At the moment, she is requesting a loan in order to buy more merchandise such as jewelry, leather wallets, wooden crafts and ceramic cups and plates. Betzabe relies on suppliers in both Cusco and Lima.
In the near future, Betzabe plans to open a restaurant serving Peruvian rotisserie chicken in collaboration with her brother and his girlfriend.
Betzabe is receiving an individual loan as a member of the village bank "El Sr de los Temblores III" in Cusco, which is located in the Andean mountains at 3,400 meters above sea level. The bank is in its first cycle with Asociación Arariwa, although some group members were previously members of other village banks.
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).