A loan of $850 helped to buy supplies for his food business.


Armando's story

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.

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Translated from Spanish by Kiva volunteer Ronan Reodica


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