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Lucecita Group
In this Group: Ericka Del Carmen, Maria Auxiliadora , Gema Gabriela

Update on Lucecita Group

There are three women in this group of hardworking businesswomen. One of them is 34-year old María who is married and has two children. She has run a grocery store out of her house for one year. The loan she is seeking will be used to buy basics such as rice, sugar, oil, beans, soap, washing powder, bleach, cold cuts, chicken, mayo, milk, dairy products, firewood, and beauty products.

Ericka is 21 years old and sells trout and costume jewelry. Gema is 22 years old and sells soft drinks, water, and dairy products.
View original language description ↓
Este grupo está formado por tres socias microempresarias luchadoras una de ellas María tiene la edad de 35 años, acompañada, con dos hijos bajo su cargo, su negocio es una pulpería ubicada en su domicilio desde hace 1 año, el crédito lo está requiriendo para la compra de granos básicos como arroz, azúcar, aceite, frijoles, jabones, ace, cloro, embutidos, pollo, crema, leche, chiverías, leña, productos de belleza. Ericka tiene la edad de 21 años su negocio es la venta de trucha y bisutería, Gema tiene la edad de 22 años su negocio es la venta de gaseosa, agua y chiverías.

Previous Loan Details

This communal bank is made up of 4 members. One of these is Aminta, a single, 48 year-old woman, who has a minor child who goes with her to buy and sell her products. She's been selling leather shoes in Masaya for 4 years. She will invest this loan in the purchase of shoes at wholesale. Maric... More from Lucecita Group's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 49
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Lucecita Group's $875 loan helped a member buy stock for her grocery store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 11, 2013
Nov 17, 2013
Currency Exchange Loss:
Jun 17, 2014