Fidel belongs to the "VIRGEN INMACULADA CONCEPCION - RIOBAMBA" communal bank, which is located in Yanatile district, Calca province, in the Department of Cusco. Fidel works growing fruit. He has a plot of land where he grows bananas, coffee, mandarins and oranges. He works from 6 am until 5 pm. He has been in the business for a number of year and things are going well for him. His dream is to expand his land under cultivation. He is requesting the loan to buy seeds and fertilizer. He is happy with the loan and promises to comply with the payment of his installments.
El socio pertenece al banco comunal VIRGEN INMACULADA CONCEPCION - RIOBAMBA, el banco está ubicado en el distrito de Yanatile, provincia de Calca y departamento de Cusco.
El socio Fidel se dedica al negocio de cultivo de frutas, el socio tiene un terreno donde cultiva platanos,cafe,mandarinas y naranjas, el socio trabaja desde las 6:00 a.m hasta las 5:00 p.m,el socio ya tiene varios años en este negocio y le va muy bien, el sueño del socio es ampliar su terreno de cultivo. El socio solicita el crédito para comprar semillas y fertilizantes.
El socio está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.
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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).