Gladis is 30 years old and lives with her partner. She has one daughter who is two years old. Her occupation is selling various types of sandals. She has her own stand where she sells her sandals in a large market in the city of Cusco called Mercado Molino. She has had this business for over eight years.
Gladis is asking for a loan so that she can buy more sandals to sell. In addition, she wants to buy a greater variety of sandals and more recent styles. 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).