Florencia belongs to the “Pro Desarrollo” cooperative bank, which is located in the Pisac District of the province of Calca. She is 45 years old, married and has four children.
Florencia is requesting the loan to invest in her handicrafts business in Pisac. She will take her handicrafts to Chile and Bolivia to sell on a frequent basis. With the loan, she plans on buying more inventory for her business.
She is very happy with the loan granted, and commits to making her payments within the established time frame.
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).