Herbert belongs to the community bank “REYNA DE LOS ANGELES DE URQUILLOS” [“Queen of the Angels of Urquillos”]. He is 33 years old, married, and has two children. He has a bakery. He is requesting this loan to buy ingredients such as flour, yeast and butter, among others. Herbert has worked at this business for a number of years now, and he says it does well for him because of the effort and determination he puts into his work. He says that the loan makes him happy and he promises to comply with its payments.
Herbert pertenece al banco comunal “REYNA DE LOS ANGELES DE URQUILLOS“, él tiene 33 años edad y es casado de la cual tiene dos hijos, él tiene una panificadora. En esta oportunidad requiere el préstamo para comprar insumos como por ejemplo como harina, levadura, mantequilla y otras más. Ya son varios años que se dedica a este negocio y le va muy bien gracias al empeño que pone en su trabajo. El socio está feliz por el préstamo y se compromete a cumplir con los pagos.
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).