Petronila is one of twenty-one members of the village bank “Sumac Ayllu” located in the Andean highlands of Cusco. Petronila is thirty-seven years old and married with two children who are nine and eighteen. She has a storefront in which she offers photocopying services. She often supplies services for events such as funerals, baptisms, and parties.
Petronila is requesting a loan in order to purchase materials such as paper and another photocopying machine for her four-year-old business. Her dream is to expand her business and to support her children so that they can attain professional degrees.
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).