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Ocomistu Group
In this Group: Justina, Alejandrina, Sandra, Enriqueta, Sonia , Maria Basilia, Adela, Mariela Roxana, Nancy
The communal bank “OCOMISTU” will be in its third loan cycle with Pro Mujer as part of the Centro Focal de Panamericana. The bank has nine members, and the board is headed by its president Justina. The bank's members run a variety of businesses: selling prepared foods and blankets, sewing jackets, and selling livestock.

This loan will benefit micro businesses such Justina's. She joined Pro Mujer a year ago at the invitation of one of the institution's consultants who visited her house. She started her business selling food three years ago on her own initiative. This loan will increase her working capital so that she can buy wholesale rice, oil, and potatoes at fairs in the city of El Alto to prepare food to sell in her community. The business generates income for her family; she is married and has six children. She says that what she enjoys most about Pro Mujer is holding group meetings.
View original language description ↓
La A.C. “OCOMISTU” iniciará el tercer ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Justina es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de leche, venta de comida, venta de mantas, costura de chamarras, compra de ganado.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Justina es integrante, ella indica que hace un año que integra Pro Mujer, ingresando por invitación de una asesora de la institución que le fue a visitar a su casa. En la actualidad ella tiene un negocio venta de comida que emprendió por iniciativa propia desde hace tres años.

El crédito que ahora sacará es para el aumento de capital (compra de arroz, aceite y papa) que adquirirá de las ferias de la ciudad de El Alto, por mayor, y posteriormente a la elaboración lo comercializará en su comunidad. Esta forma de trabajo le permite generar recursos económicos para su familia, ya que ella es casada y tiene seis hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las reuniones en grupo.

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
  • 204
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Ocomistu Group's $3,825 loan helped a member to buy rice, oil, and potatoes.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Jan 5, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013