A loan of $575 helped to buy wood, paint, glue and other supplies.

Armando's story

Armando’s a versatile man; he studied Textile Design and has two businesses: a wood working shop which is his main income producer and that’s a family tradition because his parents also worked in this same occupation and he also has a snack bar where he sells soft-drinks and snacks and that his spouse helps him with.

His wood working experience dates back 25 years so today he has a wide variety of products in his portfolio: he manufactures furniture for the home like living room sets, bedroom sets, doors, rocking chairs and decorative items like lamps, vases, fruit bowls and bases primarily. His goal for later on is to sell decorative items at wholesale because he’s currently just producing to customer order.

His greatest challenge is having sufficient working capital to meet growth expectations and this is precisely why he’s calling on a Kiva loan, his first financing from Fundación Mario Santo Domingo to buy wood, paint, glue and other supplies needed to produce in greater volume and to earn special discounts so that in this same manner he can sell in significant amounts. The reason he will be successful is his experience and the quality with which he does his work and because his presale activities so indicate.

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Translated from Spanish by Kiva volunteer Polliz

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