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Cayetano Group
In this Group: Carmen , Pabla María , Mayra
This group consists of three hardworking and enterprising women from the neighborhood of Las Torres in Masaya, Nicaragua. The group's coordinator is Carmen A., who sells fruits and vegetables at Masaya's market. She has been involved in this business since she was small, working with her mother, but has been independent for the last four years.

She also sells drinks and other products out of her home, with the help of her children. A. will buy beans, corn, rice, and potatoes, among other things.

The other members of the group are Mayra Molinares F., who has had a small general store for the last four years, and Paula T., who for the last three years has earned a living making tortillas, a favorite staple of Nicaraguans.
View original language description ↓
El grupo Cayetano está integrado por tres mujeres trabajadoras, emprendedoras y esforzadas pertenecientes del barrio Las Torres. La coordinadora del grupo es Carmen A. quien vende frutas y verduras en el M. de Masaya. Ella inicio en este negocio desde pequeña ya que su madre se dedica a esto y desde hace cuatro años se independizó.
Además en la casa vende frescos y chiverías negocio en el que sus hijos le ayudan. A. invertirá especialmente en frijoles, maíz, arroz y papa entre otros productos.

Las otras integrantes del grupo son Mayra M. F. quien tiene una pequeña pulpería desde hace cuatro año y la cual surtirá en granos básicos y Pabla T. que tiene tres años de ganarse la vida haciendo tortillas el bastimento de preferencia de los nicaragüenses.

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

  • $3,636
    Average annual income
  • 65
    View loans »
    Nicaragua Loans Fundraising
  • $23,480,375
    Funds lent in using Kiva
  • 21.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Cayetano Group's $700 loan helped a member to buy beans, corn, rice, and potatoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2010
Listed
May 26, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010