This borrower is 30 years old and belongs to the communal bank “Señor de Qoyllority de Lucre”, part of the microfinance institution Asociación Arariwa. His main business is the sale of plastic materials, including bags and other things. On this occasion he is asking for a loan in order to buy more plastic merchandise. He is very grateful for those who are helping him reach his dream, and he promises to repay all loan installments according to plan.
El socio tiene 30 años de edad y pertenece al banco comunal “Señor de Qoyllority de Lucre” de la Asociación Arariwa. Su actividad económica principal es la venta de plásticos, bolsas y otras cosas más. En esta oportunidad requiere el préstamo para comprar mercadería como plásticos. Agradece a quienes forman parte de este sueño mediante este medio y se compromete a cumplir con el pago de sus cuotas en el plazo establecido.
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).