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Santa Lucia Group
In this Group: Karla, Neysi, Idalia, Heysell
Rebeca C. Vallecillo has a small bookstore and also sells new and used clothing. This 25 year old woman began with the help of “Asociación de Promotores de la Cultura,” where she studied computing and received a loan to start a business.

It was then, at the end of 2005, that C. started her small bookstore and later, in order to grow it, she began borrowing and invested the money in her clothing and cosmetic business. She will use the money from this loan to buy packs of clothing and cosmetics, as this is her busy season and these products are in high demand.

Her fellow members are Idalia U. who sells soft drinks, food, and cosmetics; Karla C., age 21, who began selling nacatamales, a typical dish normally enjoyed on the weekends, 2 ½ years ago in order to pay for her tuition for nursing school; and Heysell Carolina C. who sells cosmetics.
View original language description ↓
El grupo Santa Lucia está integrado por cuatro mujeres trabajadoras una de ellas son la joven Neysi Rebeca C. Vallecillo tiene una pequeña librería y comercializa ropa nueva y usada. Esta joven de 25 años inicio con la ayuda de la Asociación de Promotores de la Cultura donde estudio operador en computación y como forma de apoyarlos les dio un financiamiento para que iniciaran su negocio.

Es entonces que C. instala su pequeña librería a finales del 2005 y luego para aumentarlo empezó a prestar con lo cual luego de un tiempo invierte en otro negocio que es en ropa y cosméticos. Ella con el préstamo comprara pacas de ropa y cosméticos ya que en esta época son los productos que tienen mayor demanda.

Sus compañeras son Idalia U. quien vende frescos, gaseosas, comida y cosméticos; Karla C. de 21 años la cual para poder costear sus estudios y lograr ser una enfermera empezó hace dos años y medio a vender nacatamales, platillo típico que se consume generalmente los fines de semana y Heysell Carolina C. vende cosméticos.

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.

About Nicaragua

  • $4,800
    Average annual income
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 22.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Lucia Group's $950 loan helped a member to buy clothing for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 12, 2011
Apr 18, 2011
Currency Exchange Loss:
Oct 15, 2011