Helmuth is 43 years old, single, and has no children. He is a member of the community bank Fuente de Vida. He mainly works making crafts, specifically paintings done with watercolors. It has been a few years since he started this business and it is going very well thanks to the effort he puts into his work.
He is requesting this loan to set up his workshop and purchase supplies such as watercolors and brushes. He is happy with the loan and promises to make his payments on time.
Helmuth tiene 43 años de edad y es soltero y aun no tiene hijos, él pertenece al banco comunal “Fuente de Vida”. Su actividad económica principal es la elaboración de artesanía específicamente hace pintura con acuarelas. Ya son varios años que se dedica a este negocio y le va muy bien gracias al empeño que pone en su trabajo. En esta oportunidad requiere el préstamo para implementar su taller de artesanía y comprar materiales como acuarelas y pinceles. Está feliz por el préstamo y se compromete a cumplir con los pagos de sus cuotas.
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).