Angelica is originally from Quillabamba but currently lives in Cusco with her husband. Angelica is 56 years old and has four children. Two of them are studying at the university and the others are living independently. Angelica and her husband run a guest house in their home. They provide lodging and meals primarily to students who have come from other parts of the province. Angelica’s house has three rooms that she rents.
Angelica is requesting a loan in order to make home improvements. Specifically, she wants to fix two bathrooms, which are now very old. The loan will be used to buy materials such as ceramic wall tiles. Angelica hopes that one day she will be able to open a hotel in her hometown of Quillabamba.
Angelica is a member of the village bank "El Amanecer" in Cusco, which is receiving its 22nd loan from Asociación Arariwa.
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).