Luz Marina, 48, works as a cashier in the restaurant of a hotel. She has had this job for 12 years. Luz is married and has two children.
A loan will help Luz to pay for her daughter’s university education. Her daughter is studying psychology and has one more year left until graduation. Luz Marina dreams of having her own business one day, perhaps a jewelry store.
Luz Marina is receiving an individual loan as a member of the village bank "Hatunchaskas" in Cusco, which is located in the South Andean region of Peru. The bank is in its third 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).