He has a bakery where he makes baked good and sweet treats like cakes, apple pies, etc. He sells goods to stores and to tourists. He has many familiar customers who come continually to buy from him. He will use this loan to buy flour and other materials needed for his bakery.
Walther appreciates and thanks you for the loan and promises to make the monthly payments on time.
Important InformationAbout 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).
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Success!! The loan was 100% repaid