Emperatriz, 57, has been in the sportswear manufacturing business for twenty years. Her clients are mostly sports teams and schools. She is married with three children. A loan will help Emperatriz buy more fabric. Currently she produces the sportswear on shared equipment and in the future she would like to buy her own machinery and run her business independently.
Emperatriz is receiving an individual loan as a member of the village bank "Hatunchaskas" in Cusco, which is located in the South Andean region of Peru. The bank is in its third cycle with 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).