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Ocomisto Group
In this Group: Nely, Veronica , Gregoria Catalina, Eugenia, Andres Justino , Lucia Evarista, Alejandrina, Eulogia , Beronica, Nicolasa
“Ocomisto” communal association begins its first cycle in Pro Mujer (Pro Woman) as a part of the Los Andes focal center. It consists of ten members, and is run by a board headed by Nely, who is on the left hand side of the photo with a blue cap and who is writing in the passbook. The businesses of the communal association are varied, and include: milk production, store, sale of footwear, beer sales.

Nely states that this is the first time she has worked with Pro Mujer, and that she joined the group when invited by one of the promoters in the area. At present she runs a general store.

The loan she will take out now is to buy merchandise (purchase of pasta, oil, flour, rice), which she will buy from wholesalers to subsequently sell in her house. This arrangement allows her to generate resources to support her family, as she is married and has four children.

When asked why she likes Pro Mujer, she answers that she likes the credit extended and the counseling.
View original language description ↓
La A.C. “OCOMISTO” iniciará su primer ciclo en Pro Mujer, como parte del centro focal Los Andes, está compuesta por diez integrantes y está dirigida por una mesa directiva encabezada por la señora Nely, la que esta ubicada al lado izquierdo, con una gorra azul y esta escribiendo en el cuadreno de actas. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: producción de leche, tienda, venta de calzados, venta de cerveza.

La señora Nely, indica que es la primera ves que trabaja en Pro Mujer y que integro la institución por invitación de una promotora en la zona. En la actualidad ella tiene un negocio de tienda en general.

El crédito que ahora sacará es para compra de mercadería (compra de fideo, aceite, harina, arroz) que adquirirá de las personas mayoristas y posteriormente lo venderá en su C.. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es casada y tiene cuatro hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el crédito y el consultorio.

Additional Information

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 Bolivia

  • $2,817
    Average annual income
  • 91
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Ocomisto Group's $2,775 loan helped a member to purchase noodles, oil, flour, and rice.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2011
Listed
Jul 19, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012