The borrower is 42 years old, married, and has four children. He is a member of the Communal Bank “Virgen de Chanca”. Known as a responsible and enterprising person, he engages in business activities such as cutting down trees, building houses, and farming. The borrower has a small plot of land on which he grows potatoes, ulluco, corn, beans, and other crops. He learned how to farm at a young age from his parents.
The borrower is taking this opportunity to request a loan in order to buy seeds and fertilizers. His dream is to buy a car and a house. He is grateful to everyone for this loan and promises to be punctual with his payments.
The community of Uscamarca is located in the District of Santo Tomas in the Province of Chumbivilcas, Cusco, Peru.
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Important InformationAbout 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).
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