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Armando
Sr. Armando is originally from the city of Nuevo Laredo and has a beautiful family that consists of his wife and two teenage children. His children are attending a preparatory school, so he wants to provide them the best so that they can become successful in life.


Sr. Armando has a business of preparing and selling food such as nachos, roasted corn on the cob, fritters with cheese, and soft drinks. He is requesting a loan so that he can invest in a variety of foods, including fruits and shaved ice, that his customers are requesting. Armando does not have the necessary funds to invest and does not want to drain capital out of his business. The profit that he generates will be used to repay the loan. Armando also has a job in the city in which he is in charge of street lighting. With his salary, he is able to pay for family and school expenses. His wife and children help manage the business while he is at his job.


Armando wants to improve his family’s quality of life and continue to have a business of his own.

View original language description ↓
El señor Armando es originario de la ciudad de Nuevo Laredo y tiene un bonito familia que es su esposa y dos hijos adolecentes que están estudiando la preparatoria y a quienes les quiere dar lo mejor para que sean unos triunfadores en la vida.
El señor Armando cuenta un negocio de elaboración y venta de alimentos que son (nachos, elotes preparados, fritos con queso y refrescos) esta solicitando un préstamo para invertir en mas variedad de alimentos que son frutas y nieves ya que sus clientes le están solicitando este tipo de alimentos, pero no cuenta con el dinero necesario para invertir y no quiere descapitalizar el negocio. Con las ganancias que obtiene del negocio pagara el crédito. También tiene un empleo que es en la ciudad de alumbrado publico con este sueldo será para los gastos familiares y escolares. Su esposa y sus hijos le ayudan atender el negocio cuando se encuentra en su trabajo.
Desea mejorar la calidad de vida de la familia y tener un negocio propio.

About Mexico

  • $15,600
    Average annual income
  • 17
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 12.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Armando to buy supplies for his food business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2012
Listed
Oct 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 3, 2014