Eusebia is a secondary school teacher. She is 54 years old and married with two children, who are now working as professionals. In addition, she runs an informal business selling clothes to colleagues and other acquaintances. A loan will help her purchase more jeans from Lima. In the future, Eusebia would like to open a department store where she can sell clothes, among other things.
Eusebia 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).