The member Julia is 50 years old, is married and has five children. The member is in the business of selling tamales, sponge cakes, and sorghum, which are like cakes made from corn. The member sells as a street vendor in a square from 8:00am to 5:00pm. The member has been in this business for 30 years and she likes to make many desserts.
The member's dream is to have a place where she can sell tamales, sponge cakes and sorghum. The member is requesting a loan to buy supplies such as flour, sugar, butter, and eggs in bulk. The member is happy for the loan and promises to meet her installment payments.
La socia Julia tiene 50 años de edad,casada y tiene 5 hijos,la socia se dedica al negocio de venta de tamales,biscochuelos y maicillos que son como pasteles hechos a base de maiz,la socia vende en forma ambulatoria en una plaza desde las 8:00 a.m hasta las 5:00 p.m,la socia se dedica a este negocio 30 años y le gusta preparar muchos postres,el sueño de la socia es tener un local donde pueda vender los tamales,biscochuelos y maicillos.La socia solicita el credito para comprar insumos como harina,azucar,manteca y huevos al por mayor.
La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.
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).