Cayetana belongs to the “Virgen Asunta de Oropesa” cooperative bank, which is located in the Oropesa district of the province of Quispicanchi in the deparment of Cusco, Peru. She is 59 years old and married with two children. She wants the loan to invest in her bread-making business. The city of Oropesa, is famous for making bread. Cayetana will use the loan to buy flour, yeast, wood, and other ingredients to make her bread which she sells in the nearby city of Huancarane. 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).