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Las Crucitas Group
In this Group: Sebastiana Del Rosario , Ysabel , Leonardo

Update on Las Crucitas Group

This group consists of three hardworking and successful businesspeople, coordinated by Sebastiana who is 40 years old, has a partner and is the mother of two children of 16 and 10 years old. She is the owner of a grocery store in her home, and is asking for a loan to buy products for her business such as rice, beans, sugar, salt, bread, Maruchan [instant] soup, Maggi soup, green bananas, ripe bananas, alka seltzer [indigestion tablets], andrews salt, etc. She relies on the help of her partner and son with buying and selling her products.

The other business partners are Ysabel, of 64 years of age, who works buying and selling fruit seasonally, and Leonardo of 47 years old, who works buying and selling of fruit seasonally.
View original language description ↓
El grupo está integrado por tres socios esforzadas y exitosas, coordinado por la señora Sebastiana de 40 años de edad, acompañada y madre de dos hijos de las edades de 16 y 10 anos, es propietaria de una pulpería en su domicilio y solicita el crédito para la compra de productos para su negocio como es arroz, frijol, azúcar, sal, pan, sopas marucham, sopas maggui, plátanos verde, plátanos maduros, alka seltzer, sal andrews, y más, la socia cuenta con la ayuda de su comapnero e hijo para la compra y venta de los productos. Los otros socios son la señora Ysabel de 64 años quien se dedica a la compra-venta de frutas por temporadas y el señor Leonardo de 47 años dedicado a la compra-venta de frutas por temporadas.

Previous Loan Details

The group consists of three business partners. One of them is Sebastiana who is 39-years-old along with two children under her care. She has had a grocery store located at her home for 15 years. She has been a customer of the institution for 7 years. This shows that she is a very responsible pers... More from Las Crucitas 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
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,756,600
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Crucitas Group's $2,575 loan helped a member to buy rice, beans, sugar, salt, bread etc. for a grocery store.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Apr 8, 2014
Apr 29, 2014
Currency Exchange Loss:
Jan 17, 2015
This photo was used before for a previous loan for Las Crucitas Group. It was first posted on Kiva on Oct, 2013. Learn More