What is in this image? Describe it as if you were explaining it to someone from the 15th century.

The image depicts a curious figure that appears to be drawn from the realms of fancy rather than reality. This character is cloaked, much like a traveler or a monk might be, with a large hood obscuring much of its head. The cloak has a broad, ornate collar and is secured at the front with a singular, large button. Underneath, you can see trousers and shoes similar to that of a commoner.The face of the figure, while humanoid, bears fantastical features two large, circular eyes and a small mouth harboring a few sharp teeth, more befitting a tale of goblins or sprites. Its countenance is somewhat mischievous or playful, which might be used to amuse or instruct through some moral tale.In essence, this illustration could be likened to the visual depiction of a story meant to convey a lesson or entertain, much like the allegories and fables familiar to your time.