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Los Jovenes Group
In this Group: Denis Alfonso, Huberne Antonio, Fabiola De Los Angeles
This group consists of three hard working members. One of them is Denis, who is 23 years old and is single. He has made a living running a furniture workshop for the past 4 years. He is requesting this loan in order to buy wood, paint thinner, screws and files to make double and single beds, dining tables, chairs, home entertainment centers and corner cabinets.

The other members of the group are Huberne, who is 28 years old and makes a living selling fruit and vegetables and Fabiola, who is 21 years old and makes a living selling clothes and footwear.
View original language description ↓
Grupo formado por tres socios luchadores y trabajadores uno de ellos es Denis tiene la edad de 23 años, soltero, su negocio es un taller de mueblería desde hace 4 años. El crédito lo está solicitando para la compra de madera, zener,tornillos, lijas, para la elaboracion de camas matrimoniales, unipersonales,comedores, sillas, jugueteras, esquineras. Huberne de 28 años se dedica a la venta de frutas y verduras, Fabiola tiene la edad de 21 años su negocio es la venta de ropa y calzado.

Additional Information

About ADIM

Located in Central America, ADIM is a small microfinance institution with a strong social focus. In the saturated microfinance market of Nicaragua, ADIM stands out for its emphasis on the holistic development of women as well as its provision of responsible financial services. Founded in 1989 by a small group of Nicaraguan women, this institution has remained true to its initial goal of providing its clients (90% of which are women) with an opportunity for economic growth, in addition to personal and professional empowerment. Supporting an ADIM borrower means contributing not only to the continued offering of the socially conscious services it provides, but also to the sustainable growth of a truly unique microfinance institution.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

Tags

About Nicaragua

  • $4,800
    Average annual income
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,795,300
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Jovenes Group's $700 loan helped a member to buy wood, paint thinner, screws and files to make double and single beds, dining tables, chairs, home entertainment centers and corner cabinets.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2013
Listed
Dec 20, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014