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Ocomisto Group
In this Group: Nicolasa , Graciela*, Nely , Lucia Evarista, Aurelia , Cesilia , Eulogia , Beronica
* not pictured
The communal bank “OCOMISTO” will begin its second cycle with Pro Mujer ("pro Women") as part of the Andes Focus Centre. It is made up of eight members and run by a management board of which Nicolasa is the President. The  businesses which the members carry on are varied and amongst them are milk production, shoe sales, clothing sales, sweater knitting, local stores and jacket sales.

They will use the loan they are asking for in their small micro-businesses.

Nicolasa is one member. She says that she has been a member of Pro Mujer for 5 years and joined on invitation from one of the institution's promotors who came to her house to invite her. At the moment she has a milk sales business. She has been carrying on this business for twenty years, since she acquired cows.

She will use this loan to increase her capital by buying cows which she will acquire from Bolivian communities and she will then make yogurt for commercialization according to demand. This work will allow her to generate income to support her family and improve it's opportunities since she is married with four children. 

When asked what she likes about Pro Mujer she says the loan and savings. 

Graciala does not appear in the photo for cultural reasons. 
View original language description ↓
La A.C. “OCOMISTO” iniciará el segundo ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Nicolasa es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: producción de leche, venta de zapatos, venta de ropa, tejido de chompas, tienda de barrio, venta de chamarras.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Nicolasa es una integrante, ella indica que hace cinco años que integra Pro Mujer, ingresando por invitación de una promotora de la institución que fue a su casa a invitarla. En la actualidad ella tiene un negocio de venta de leche; cuenta que hace veinte años que esta realizando esta actividad, desde que ella adquirió ganados.

El crédito que ahora sacará es para la ampliación de su capital (compra de ganado vacuno) mismo que adquirirá de las comunidades de Bolivia y posteriormente lo elaborará yogurt para posteriormente comercializarlo a pedido. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es casada y tiene cuatro hijos.

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

En la fotografía no esta presenta la señora Graciala por temas culturales.

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

  • $5,500
    Average annual income
  • 199
    View loans »
    Bolivia Loans Fundraising
  • $31,040,825
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Ocomisto Group's $4,575 loan helped a member to buy cattle.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2012
Listed
Aug 7, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013