Ines Milagros is 33 years old and married with three children. She rents a small stand in a market in which she sells different kinds of pastries such as sweet breads and small cakes. Her specialty is arroz con leche (a rice pudding) which she also sells at her stand.
Ines Milagros is asking for a loan so that she may buy more ingredients to make pastries. Specifically, she plans to purchase sugar, flour, and oil. She works everyday from 6am to 6pm selling her pastries. She is committed to making all of the necessary loan payments on time.
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).