Question 1

What is Cooperativa de Ahorro y Crédito Acción?

Accepted Answer

Cooperativa de Ahorro y Crédito Acción is a savings and credit cooperative operating in Peru. The institution provides financial services exclusively to its members, operating under the supervision of the Superintendencia de Banca, Seguros y AFP (SBS), Peru's banking and insurance regulatory authority.

As a COOPAC (Cooperativa de Ahorro y Crédito), the institution is a member-owned financial cooperative that operates on democratic principles and mutual aid. The cooperative is registered in the National Registry of Savings and Credit Cooperatives and is a member of the Fondo de Seguro de Depósito Cooperativo (FSDC).

Question 2

When was Cooperativa de Ahorro y Crédito Acción founded?

Accepted Answer

According to official records, Cooperativa de Ahorro y Crédito Acción began operations on January 1, 2018. The cooperative was established to provide accessible financial services to its member community through the cooperative model.

The institution was later registered with the SBS as part of Peru's enhanced regulatory framework for cooperatives following the implementation of Law No. 30822 in 2019.

Question 3

Where is Cooperativa de Ahorro y Crédito Acción headquartered?

Accepted Answer

The cooperative's legal address is located at Mza. H Lote 17, Urbanización Pedro Diez Canseco, in the José Luis Bustamante y Rivero district of Arequipa, Peru. This positions the cooperative in Peru's second-largest city, which serves as a major financial and commercial center in southern Peru.

The cooperative does not maintain a public website, operating primarily through physical locations to serve its membership.

Question 4

Where does Cooperativa de Ahorro y Crédito Acción operate?

Accepted Answer

Cooperativa de Ahorro y Crédito Acción operates in the Arequipa region of Peru, specifically serving communities in and around the José Luis Bustamante y Rivero district. As a regional cooperative, it focuses on providing financial services to members within its designated operational area.

The cooperative serves the local community in southern Peru, contributing to financial inclusion in the Arequipa metropolitan area.

Question 5

What services does Cooperativa de Ahorro y Crédito Acción offer?

Accepted Answer

The cooperative offers savings products that allow members to build financial reserves and secure their economic future. These savings services are designed to promote financial discipline and provide safe deposit options for members.

Credit services include various loan products tailored to member needs, which may include personal loans, consumer financing, and microenterprise credit. These lending services help members access capital for personal, family, and business purposes.

As a cooperative, the institution emphasizes member education, social assistance, and community development alongside its core financial services. Members participate in the governance of the institution through democratic processes.

Question 6

What makes Cooperativa de Ahorro y Crédito Acción unique?

Accepted Answer

As a relatively newer cooperative established in 2018, Cooperativa de Ahorro y Crédito Acción represents the continuing evolution of Peru's cooperative financial sector. The institution embodies the cooperative principles of self-help, self-responsibility, democracy, equality, equity, and solidarity.

The cooperative operates under a member-focused model where financial services are provided based on member needs rather than profit maximization. This approach allows the institution to serve members who may have limited access to traditional banking services.

The cooperative's presence in Arequipa contributes to financial diversity in the region, providing an alternative to traditional banks and other financial institutions.

Question 7

What type of financial institution is Cooperativa de Ahorro y Crédito Acción?

Accepted Answer

Cooperativa de Ahorro y Crédito Acción is a Cooperativa de Ahorro y Crédito (COOPAC), which is Peru's designation for savings and credit cooperatives that are not authorized to capture resources from the general public. These institutions operate as member-owned financial cooperatives.

COOPACs in Peru function under a democratic governance structure where each member has one vote regardless of their capital contribution. The institution is supervised by the SBS under Peru's modular regulatory framework, which applies supervision standards appropriate to the cooperative's size and operational complexity.

The cooperative is registered with Peru's National Registry of Providers (Registro Nacional de Proveedores), enabling it to potentially participate in transactions with the Peruvian government.

Cooperativa de Ahorro y Crédito Acción

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About Cooperativa de Ahorro y Crédito Acción in Peru