COBOCE Ltda .
The Bolivian Cement , Industries and Services Cooperative , better known as COBOCE Ltda ., emerged in December 4 , 1966 from many necessary infrastructure projects that were entrusted to foreign companies . By then , the only cooperatives in Bolivia were “ savings banks ,” intended for credit purposes .
The production unit COBOCE Metal offers metalwork and industrial components
Jaime Mendez Quiroga — who had participated as a partner with these types of lenders , used the same financial model for the creation of the cement cooperative and with a capital of less than USD $ 2,000 — founded COBOCE Ltda . Cement was imported in Bolivia or limited in production , thus Mendez looked into this industry with the objective of diversifying this business in the country , create jobs for the Bolivian people and contributing to the development of projects .
With just a few years before reaching half a century of operations in the Bolivian market , COBOCE has reached a figure of 28,000 affiliate partners . Its first production plant was constructed from March 1969 to September 1972 ; at that time , the plant had a production capacity of 300 metric tons per day and 100,000 per year . After nearly 50 years , this capacity has increased to 2,500 tons per day and 750,000 per year . Additionally , the cooperative has received national and international awards on its industrial works .
Throughout the years , COBOCE has had
232 December 2014