Cooperativa COOPROLE
in Bolivia 🇧🇴
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About Cooperativa COOPROLE in Bolivia
Cooperativa COOPROLE is an open savings and credit cooperative (Cooperativa de Ahorro y Crédito Abierta) headquartered in Cochabamba, Bolivia. As an "abierta" (open) cooperative, COOPROLE is authorized to provide financial intermediation services and financial products to the general public, not just its members. The institution operates under the supervision of the Autoridad de Supervisión del Sistema Financiero (ASFI), Bolivia's financial regulatory authority, and holds a valid operating license.
COOPROLE is part of Bolivia's cooperative financial system, which represents a significant alternative to traditional banking. The institution operates on democratic cooperative principles where each member has one vote regardless of capital contribution.