Question 1

What is Cooperativa Taulabé?

Accepted Answer

Cooperativa Taulabé is a savings and credit cooperative (cooperativa de ahorro y crédito) based in Honduras. It operates as a member-owned financial institution serving the municipality of Taulabé and surrounding areas in the Comayagua department. The cooperative provides comprehensive financial services including savings accounts, various loan products, and investment options to promote economic development and financial inclusion in the region.

Question 2

When was Cooperativa Taulabé founded?

Accepted Answer

[Information not publicly available]

The cooperative operates in Taulabé, a municipality that was formally established on May 20, 1987, during the government of President José Simón Azcona. The cooperative is registered with CONSUCOOP (Consejo Nacional Supervisor de Cooperativas), indicating it was formally constituted under Honduran cooperative law, though the specific founding date is not publicly documented.

Question 3

Where is Cooperativa Taulabé headquartered?

Accepted Answer

Cooperativa Taulabé is headquartered in the municipality of Taulabé, department of Comayagua, Honduras. Taulabé is strategically located on the CA-5 highway (the Northern Highway) approximately 144 kilometers north of Tegucigalpa and serves as a key transit point between the capital and San Pedro Sula.

The municipality sits in the northeastern area of the Cerro Azul Meámbar mountain, which provides water resources to the urban area. Taulabé is known for its famous caves (Cuevas de Taulabé), discovered during highway construction in 1969 and now a popular tourist attraction.

Question 4

Where does Cooperativa Taulabé operate?

Accepted Answer

Cooperativa Taulabé operates primarily in the Comayagua department of Honduras, serving the municipality of Taulabé and surrounding communities. The municipality borders Santa Cruz de Yojoa to the north, Siguatepeque to the south and east, San José de Comayagua to the west, and San Pedro Zacapa (Santa Bárbara) to the northwest.

The region features diverse geography including valleys, mountains, and rivers, with the nearby Cerro Azul Meámbar National Park and Lake Yojoa providing natural resources and economic opportunities for the area's residents.

Question 5

What services does Cooperativa Taulabé offer?

Accepted Answer

Cooperativa Taulabé offers a comprehensive range of financial services including:

Savings products - Various savings accounts and capital contribution accounts for members.

Credit services - Multiple loan products including personal loans, business financing, agricultural loans, and specialized lending programs.

Real estate and asset financing - Home loans, land acquisition financing, and loans secured by vehicles as collateral (with members retaining use of the vehicle).

Investment products - Fixed-term preferential investment accounts with advance interest payment options, allowing members to earn returns on their savings.

Asset sales - The cooperative offers eventual assets (activos eventuales) including land and houses for purchase, providing members with real estate acquisition opportunities.

The cooperative operates a transactional website at cooperativataulabe.hn where members can access information about products and services.

Question 6

What makes Cooperativa Taulabé unique?

Accepted Answer

Cooperativa Taulabé serves a strategic location along Honduras' main northern highway corridor, positioning it to serve both local communities and travelers between major population centers. The municipality of Taulabé has a diverse economic base including agriculture, commerce, and tourism (notably the famous Taulabé Caves), providing the cooperative with opportunities to serve varied member needs.

The cooperative offers innovative financing options including loans secured by vehicle collateral where members continue to use their vehicles, and preferential fixed investment accounts with annual interest paid in advance. It also maintains an inventory of real estate assets available for member purchase, demonstrating a diversified approach to serving community financial needs.

The region benefits from abundant water resources including multiple rivers and streams that flow into Lake Yojoa and support a hydroelectric facility, contributing to regional economic stability.

Question 7

What type of financial institution is Cooperativa Taulabé?

Accepted Answer

Cooperativa Taulabé is a Cooperativa de Ahorro y Crédito (Savings and Credit Cooperative), which is the Honduran equivalent of a credit union. This institutional type operates on principles of member ownership, democratic governance, and mutual benefit rather than profit maximization.

In Honduras, savings and credit cooperatives are supervised by CONSUCOOP (Consejo Nacional Supervisor de Cooperativas) and governed by the Ley de Cooperativas de Honduras (Honduras Cooperatives Law). These institutions are autonomous organizations where members voluntarily associate to address common economic and social needs through jointly-owned, democratically-controlled enterprises.

Cooperativa Taulabé

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About Cooperativa Taulabé in Honduras