A loan of $625 helped to buy shoes and mattresses.

Felipe Armando's story

Felipe is from the El Riego district, Teustepe. He’s 51-years-old, married and the father of four children aged 16, 18, 23 and 25 years, respectively. He’s a farmer. He started his work very young helping his parents. In addition to growing basic grains, Felipe also works selling clothes and mattresses seasonally, merchandise he’s been buying gradually. With profits from the harvest sales he pays labor costs. He sells his products in Managua. When he’s not planting he invests in home use products to earn other income.

On this occasion, Felipe is asking for a loan to buy shoes and mattresses aiming at earning additional income. His future plan is to repay the loan with income this business generates and continue to buy more land. His next goal is to buy cattle for milk production.

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Translated from Spanish by Kiva volunteer Polliz

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