Question 1

What is Judicial Limitada?

Accepted Answer

Judicial Limitada is a savings and credit cooperative (cooperativa de ahorro y crédito) operating in Honduras. As a financial cooperative, it provides savings and loan services to its members under the cooperative model, which emphasizes mutual support and member ownership.

The institution operates under Honduras's cooperative regulatory framework, supervised by the National Supervisory Council of Cooperatives (CONSUCOOP), which oversees all cooperative entities in the country.

Question 2

When was Judicial Limitada founded?

Accepted Answer

[Information not publicly available]

The specific founding date and historical details of Judicial Limitada are not documented in publicly available sources. As a cooperative financial institution in Honduras, it operates as part of the country's extensive cooperative sector, which includes numerous savings and credit cooperatives serving various communities.

Question 3

Where is Judicial Limitada headquartered?

Accepted Answer

Judicial Limitada is headquartered in Honduras. Specific location details within the country are not publicly available, though the cooperative is registered with CONSUCOOP, the national cooperative supervisory authority.

Question 4

Where does Judicial Limitada operate?

Accepted Answer

Judicial Limitada operates within Honduras, providing financial services to its cooperative members throughout the areas it serves. Honduras has an extensive cooperative sector with savings and credit cooperatives distributed across the country, serving both urban and rural communities.

As a cooperative, the institution primarily serves its members who have joined the cooperative and contributed to its social capital, following the cooperative principles of mutual aid and democratic governance.

Question 5

What services does Judicial Limitada offer?

Accepted Answer

As a savings and credit cooperative in Honduras, Judicial Limitada typically provides the following types of services to its members:

Savings Accounts: Members can deposit funds and accumulate capital social (share capital) in the cooperative, which forms the basis of cooperative membership and provides potential returns through surplus distribution.

Credit Products: Loans are available to members, with various types potentially including personal loans, bonificado loans (backed by savings), fiduciary loans (with guarantors), and other credit lines common to Honduran cooperatives.

Member Services: Cooperative governance allows members to participate in decision-making through general assemblies and potentially receive distributions based on their patronage with the cooperative.

[Information not publicly available regarding specific loan products, interest rates, digital services, or other detailed offerings of Judicial Limitada.]

Question 6

What makes Judicial Limitada unique?

Accepted Answer

As a cooperative financial institution, Judicial Limitada operates on fundamentally different principles than commercial banks. The cooperative model emphasizes:

Member Ownership: Members are simultaneously owners and users of the services, with democratic control through general assemblies.

Social Purpose: Cooperatives in Honduras operate as non-profit entities focused on serving members' needs rather than maximizing profits for external shareholders.

Surplus Distribution: After meeting legal reserve requirements and other obligations, cooperatives distribute surpluses to members based on their patronage, not their capital contributions.

[Information not publicly available regarding specific distinguishing features or specialized programs offered by Judicial Limitada.]

Question 7

What type of financial institution is Judicial Limitada?

Accepted Answer

Judicial Limitada is a savings and credit cooperative (cooperativa de ahorro y crédito) in Honduras. This is a specific type of financial cooperative that focuses on providing savings and loan services to its members.

Cooperatives in Honduras are regulated by the Cooperative Law and supervised by CONSUCOOP (Consejo Nacional Supervisor de Cooperativas), an autonomous decentralized state institution. Savings and credit cooperatives with assets greater than $1,000,000 USD fall under the Superintendency of Savings and Loan Cooperatives, while smaller cooperatives are supervised by the Superintendency of Other Cooperatives.

As a cooperative, the institution is owned by its members, operates on democratic principles, and focuses on mutual economic assistance. Members contribute capital social, receive credit services, and participate in governance, distinguishing cooperatives from traditional commercial banks in Honduras.

Judicial Limitada

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About Judicial Limitada in Honduras