Ruben has a shop where he has been selling clothes for three years. He buys the clothes from Lima. Most of the time he has it sent to Cusco, but he still needs to travel every two months in order to look at merchandise. A loan will help Ruben to buy more merchandise such as pants, shirts, and jackets. He sells clothes for adults and children. Ruben’s dream is to expand the size of his shop, which is currently 1 x 3 meters.
Ruben is receiving an individual loan as a member of the village bank "Comuzone I" in Cusco, which is located in the Andean mountains at 3,400 meters above sea level. The bank is in its 17th cycle with 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).