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Gaitan Group
In this Group: Maria Asención , Martha Rosa , Fatima De Los Reyes
The G. Group consists of three hardworking women. One of them is Sra. Martha Rosa L. Chavarría who has a tortilla shop. She started this business six years ago upon the suggestion of her brother who encouraged her to engage in this venture. At first she bought a fourth of a quintal (1 quintal = 46kg) of corn, but now she needs to buy half a quintal for her business.

The other members of this group are María Asunción B. G., who has been selling tortillas and soups for 28 years, and Fátima de los Reyes G. García, who has managed a small grocery store for five years.

View original language description ↓
El grupo G. lo conforman tres mujeres trabajadoras una de ellas es la señora Martha Rosa L. Chavarría quien tiene una tortillería. Ella inicio según comento por sugerencia de su hermano quien la ánimo a crear su propio negocio hace seis años. Es así que compro un cuartillo de maíz que es la mitad de un medio en la actualidad L. compra medio quintal de este producto.

Las otras integrantes del grupo son María Asunción B. G. quien hace 28 años inicio a realizar tortillas y sopas y Fátima de los Reyes G. García tiene una pequeña pulpería hace cinco años.

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
  • 79
    View loans »
    Nicaragua Loans Fundraising
  • $25,420,300
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Gaitan Group's $1,050 loan helped a member purchase supplies for making tortillas.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jun 25, 2010
Jul 5, 2010
Currency Exchange Loss:
Feb 22, 2011