Question 1

What is COOPSEBRAE - Cooperativa de Crédito?

Accepted Answer

COOPSEBRAE is a Brazilian mutual credit cooperative that serves employees of SEBRAE (Serviço Brasileiro de Apoio às Micro e Pequenas Empresas) in Paraíba and Rio Grande do Norte, as well as employees of SESC, SENAC, SENAR, and FAEPA in Paraíba. Founded in 1993, COOPSEBRAE operates as a closed-bond credit cooperative providing financial services to employees of these organizations.

The cooperative maintains over 460 members and manages approximately R$ 5.8 million in assets with a net worth of approximately R$ 4 million. COOPSEBRAE emphasizes sustainable and transparent management while focusing on member financial well-being.

Question 2

When was COOPSEBRAE - Cooperativa de Crédito founded?

Accepted Answer

COOPSEBRAE was founded on February 10, 1993, in Paraíba. The cooperative was established to promote savings programs, proper credit usage, and financial service provision for employees of SEBRAE and related organizations in the region.

The founding mission included fostering cooperative education among members and promoting financial literacy through the mutuality principle. Over more than three decades, COOPSEBRAE has grown consistently, achieving average annual growth of 20% in recent years.

Question 3

Where is COOPSEBRAE - Cooperativa de Crédito headquartered?

Accepted Answer

COOPSEBRAE is headquartered in Paraíba, Brazil. The cooperative serves employees across its operational territory in the northeastern region of the country.

Specific headquarters details are managed internally for member service.

Question 4

Where does COOPSEBRAE - Cooperativa de Crédito operate?

Accepted Answer

COOPSEBRAE operates in the states of Paraíba and Rio Grande do Norte in northeastern Brazil. The cooperative serves employees of SEBRAE in both Paraíba and Rio Grande do Norte, as well as employees of SESC, SENAC, SENAR, and FAEPA located in Paraíba.

The operational area is defined by the geographic distribution of these partner organizations and their employee base across these two states.

Question 5

What services does COOPSEBRAE - Cooperativa de Crédito offer?

Accepted Answer

COOPSEBRAE provides financial services tailored to its member base:

Savings Programs: Deposit and savings programs designed to promote financial accumulation and proper money management among members.

Credit Services: Loans and financing with appropriate and sustainable terms for members' financial situations.

Banking Operations: Checking accounts and standard banking services for daily financial transactions.

Financial Education: Cooperative education programs to improve members' financial literacy and understanding of cooperative principles.

Mutual Financial Services: All active, passive, and accessory operations typical of credit cooperatives, providing comprehensive financial solutions.

The cooperative emphasizes sustainable and adequate financial solutions aligned with members' actual needs and repayment capacities.

Question 6

What makes COOPSEBRAE - Cooperativa de Crédito unique?

Accepted Answer

COOPSEBRAE distinguishes itself through several characteristics:

Multi-Organization Service: Unlike cooperatives serving a single employer, COOPSEBRAE serves employees across multiple related institutions (SEBRAE, SESC, SENAC, SENAR, FAEPA), creating a broader community of members.

Consistent Growth: The cooperative has demonstrated sustained annual growth averaging 20% over recent years, reflecting strong member confidence and effective management.

Sustainable Management Model: COOPSEBRAE emphasizes transparent and sustainable management practices, ensuring long-term stability and member benefit.

Educational Mission: Strong commitment to cooperative education and financial literacy, helping members understand both cooperative principles and sound financial management.

Regional Development Focus: As an institution serving development-focused organizations like SEBRAE, COOPSEBRAE aligns with broader economic development objectives in the region.

Vision for Member Development: The cooperative's vision is "to be recognized as the principal financial institution driving economic and social development of members."

Question 7

What type of financial institution is COOPSEBRAE - Cooperativa de Crédito?

Accepted Answer

COOPSEBRAE is a Cooperativa de Crédito Mútuo (Mutual Credit Cooperative) in Brazil. Specifically, it operates as a closed-bond credit cooperative restricted to employees of specific organizations: SEBRAE in Paraíba and Rio Grande do Norte, and SESC, SENAC, SENAR, and FAEPA in Paraíba.

The cooperative is regulated by the Brazilian Central Bank and operates under Brazilian cooperative credit legislation. As a mutual credit cooperative, COOPSEBRAE is a member-owned financial institution that provides banking and credit services exclusively to employees of its partner organizations. The cooperative operates on principles of mutuality, democratic governance, and member benefit rather than profit maximization, focusing on generating adequate and sustainable financial solutions for members and their communities through the cooperative model.

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