Question 1

What is Cooperativa Mixta Telecomunicaciones de Honduras, Limitada?

Accepted Answer

Cooperativa Mixta Telecomunicaciones de Honduras, Limitada is a mixed-type cooperative financial institution operating in Honduras. As a "cooperativa mixta," it serves as a multi-purpose cooperative that provides financial services to its member-owners, specifically targeting telecommunications sector workers and their families. The cooperative operates under the regulatory oversight of CONSUCOOP (Consejo Nacional Supervisor de Cooperativas), the national supervisory council for cooperatives in Honduras.

Mixed cooperatives in Honduras combine multiple service functions, typically offering both savings and credit services alongside other member benefits.

Question 2

When was Cooperativa Mixta Telecomunicaciones de Honduras, Limitada founded?

Accepted Answer

[Information not publicly available]

The specific founding date for this cooperative has not been documented in publicly accessible sources. However, the institution is registered with CONSUCOOP, which maintains the national registry of cooperatives in Honduras.

Question 3

Where is Cooperativa Mixta Telecomunicaciones de Honduras, Limitada headquartered?

Accepted Answer

[Information not publicly available]

The exact headquarters location has not been publicly documented. As a cooperative serving telecommunications workers, it likely operates within areas where telecommunications infrastructure and personnel are concentrated in Honduras.

Question 4

Where does Cooperativa Mixta Telecomunicaciones de Honduras, Limitada operate?

Accepted Answer

The cooperative operates within Honduras, serving telecommunications sector employees and potentially their family members across the country. Honduras has 18 departments, and cooperatives typically establish presence in areas where their target membership is concentrated.

The telecommunications sector in Honduras has historically been significant, with both public and private operators providing services throughout the nation's urban and rural areas.

Question 5

What services does Cooperativa Mixta Telecomunicaciones de Honduras, Limitada offer?

Accepted Answer

As a mixed cooperative under Honduran cooperative law, the institution likely offers:

Savings Products: Members can deposit funds and build savings through various account types, including retirable (withdrawable) savings accounts common in Honduran cooperatives.

Credit Services: Lending products designed for member needs, potentially including personal loans, consumer credit, and emergency financing for telecommunications workers and their families.

Member Benefits: Additional services typical of mixed cooperatives, which may include financial education, capacity building programs, and social benefits aligned with cooperative principles.

The cooperative operates according to the seven cooperative principles established by the International Cooperative Alliance, including voluntary membership, democratic member control, and concern for community.

Question 6

What makes Cooperativa Mixta Telecomunicaciones de Honduras, Limitada unique?

Accepted Answer

The cooperative's specialized focus on telecommunications sector workers distinguishes it within the Honduran financial landscape. Employee-based cooperatives like this one create financial solutions tailored to the specific needs, income patterns, and employment situations of workers in their target industry.

Honduras has a robust cooperative movement with over 1,100 active cooperatives as of recent counts. Mixed cooperatives serving specific professional or employment groups represent an important subsector, providing financial inclusion and solidarity economics for workers who may have limited access to traditional banking services.

The institution operates under the cooperative values of mutual help, responsibility, democracy, equity, equality, solidarity, honesty, transparency, and social responsibility—core principles that guide all registered cooperatives in Honduras.

Question 7

What type of financial institution is Cooperativa Mixta Telecomunicaciones de Honduras, Limitada?

Accepted Answer

Cooperativa Mixta Telecomunicaciones de Honduras, Limitada is classified as a Cooperativa Mixta (Mixed Cooperative) under Honduran law. This classification distinguishes it from single-purpose cooperatives by allowing it to provide multiple types of services to its members.

In the Honduran financial system, cooperatives are regulated separately from commercial banks. They fall under the supervision of CONSUCOOP rather than the Comisión Nacional de Bancos y Seguros (CNBS).

Mixed cooperatives with savings and credit activities that have assets under US$1 million are supervised as "Cooperativas de Otros Subsectores" (Cooperatives of Other Subsectors), while larger savings and credit cooperatives face more stringent regulatory requirements. These institutions operate based on the principle of member ownership, where each member typically has equal voting rights regardless of their capital contribution—a fundamental difference from investor-owned banks.

Question 8

How are cooperatives regulated in Honduras?

Accepted Answer

Cooperatives in Honduras operate under the Ley de Cooperativas de Honduras (Law of Cooperatives of Honduras), which was reformed through legislative decrees including No. 174-2013 and No. 146-2019. CONSUCOOP, an autonomous decentralized state institution, serves as the regulatory and supervisory authority.

CONSUCOOP maintains a national registry of cooperatives, conducts supervision and control activities, and ensures compliance with cooperative legislation. The institution also protects cooperative members through its User Attention Unit (Unidad de Atención al Usuario Cooperativista), which handles complaints and promotes financial transparency.

Cooperatives must maintain proper governance structures, including general assemblies, boards of directors, and surveillance councils. They are required to undergo external audits and submit periodic reports to CONSUCOOP demonstrating compliance with prudential norms and operational standards.

Cooperativa Mixta Telecomunicaciones de Honduras, Limitada

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About Cooperativa Mixta Telecomunicaciones de Honduras, Limitada in Honduras

Cooperativa Mixta Teleco­munica­ciones de Honduras, Limitada