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Norome Group
In this Group: Anastia, Petrona Del Carmen, Zeneyda Del Socorro
The Norome group is made up of three hard-working, diligent and enterprising women from Masaya, the birthplace of Nicaraguan folklore. One of the women is Mrs Anastia Gaitán who is 40 years old and sells cosmetics. Gaitán started out selling fruit and vegetables in the Mercado Oriental market and two years ago invested in cosmetics and perfumes, a business in which she has done very well.

She is mother and father to two children for whom she works hard every day to keep a roof over their heads, make sure that they have food and that they stay in school. She will use her loan to buy perfumes and one day she hopes to be able to use her own money to finance her business.

Petrona del Carmen M. Paramo is another member of the group. She is 50 years old. Since 1990 she has worked selling second-hand clothes. This is the activity for which she will use her loan. The group's final member is Zeneyda del Socorro who is 21 years old. She started off selling fruit and currently sells firewood.
View original language description ↓
El grupo Norome lo conforman tres mujeres trabajadoras, esforzadas y emprendedoras originarias de Masaya, cuna del folklor nicaragüense, una de ellas es la señora Anastia Gaitán de 40 años quien vende cosméticos. Gaitán inicio con el comercio de frutas y verduras en el mercado Oriental y desde hace dos años invirtió en cosméticos y perfumes negocio en el que le ha ido muy bien.
Ella es madre y padre de dos niños por los cuales labora arduamente todos los días para que no les falte un techo, el pan y los estudios principalmente. El crédito lo invertirá en perfumes y algún día desea poder ella con su propio dinero costear su negocio.
Las otras integrantes del grupo son Petrona del Carmen M. Paramo de 50 años desde 1990 se dedica al comercio de ropa usada actividad en la que invertirá el crédito y Zeneyda del Socorro de 21 años ella inicio comercializando frutas en la actualidad vende leña.

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
  • 82
    View loans »
    Nicaragua Loans Fundraising
  • $25,420,300
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Norome Group's $975 loan helped a member cosmetics and perfumes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Oct 14, 2010
Oct 26, 2010
Currency Exchange Loss:
Apr 15, 2011