Question 1

What is COOPRATA Ltda.?

Accepted Answer

COOPRATA Ltda. (full name: COOPRATA Lida. C.M. A.C.Con.P.S.T.V.Trab.Prof.Taxistas Agremiados) is a multiactive cooperative (cooperativa multiactiva) in Paraguay that specializes in providing savings, credit, consumption, production, and service benefits to professional taxi drivers and transportation workers. As a member-based financial institution, COOPRATA operates within Paraguay's robust cooperative sector, which represents approximately 11.7% of the country's financial-banking sector.

The cooperative follows the principles established by Paraguay's cooperative movement, emphasizing mutual aid, solidarity, and democratic governance among its members.

Question 2

When was COOPRATA Ltda. founded?

Accepted Answer

[Information not publicly available]

The cooperative's founding date has not been disclosed in public records. However, COOPRATA is registered with the Instituto Nacional de Cooperativismo (INCOOP), Paraguay's national cooperative regulatory body, as indicated by Resolution 30150/2024 which approved the typification and sectorization of cooperatives in Paraguay.

Question 3

Where is COOPRATA Ltda. headquartered?

Accepted Answer

[Information not publicly available]

The specific location of COOPRATA's headquarters within Paraguay has not been publicly disclosed. As a cooperative serving taxi drivers and transportation professionals, it is likely headquartered in an urban area with significant taxi operations.

Question 4

Where does COOPRATA Ltda. operate?

Accepted Answer

COOPRATA Ltda. operates within Paraguay, serving its member base of professional taxi drivers and transportation workers. The cooperative's operations are focused on areas where its target membership—taxi drivers organized in professional associations (taxistas agremiados)—are active.

Paraguay's cooperative sector is well-developed, with over 800 cooperatives serving 1.8 million members nationwide, representing approximately 51% of the economically active population.

Question 5

What services does COOPRATA Ltda. offer?

Accepted Answer

As a multiactive cooperative (cooperativa multiactiva), COOPRATA Ltda. provides a range of financial and member services including:

Financial Services: Savings accounts and credit facilities tailored to the needs of taxi drivers and transportation professionals. These services help members access financing for vehicle purchases, repairs, licensing, and working capital.

Consumption Services: Member benefits related to the purchase of goods and services necessary for their professional activities.

Production and Work Services: Support services that help members in their professional capacity as taxi drivers and transportation workers.

Solidarity Benefits: Mutual aid programs common to Paraguayan cooperatives, providing assistance to members during difficult times or special circumstances.

The cooperative operates under the regulatory framework established by INCOOP and follows Paraguay's Law 438/94 on Cooperatives, which governs all cooperative entities in the country.

Question 6

What makes COOPRATA Ltda. unique?

Accepted Answer

COOPRATA Ltda. stands out for its specialized focus on serving professional taxi drivers and organized transportation workers (taxistas agremiados) in Paraguay. This sectoral specialization allows the cooperative to:

Understand Industry-Specific Needs: The cooperative's management and member-owners understand the unique financial challenges faced by taxi drivers, including irregular income patterns, vehicle maintenance costs, and licensing requirements.

Foster Professional Solidarity: By bringing together taxi drivers in a cooperative structure, COOPRATA creates a community of mutual support among transportation professionals who share common challenges and opportunities.

Provide Targeted Financial Products: The cooperative can design savings and credit products specifically suited to the cash flow patterns and capital needs of taxi operators, which may differ significantly from other professions.

In Paraguay's cooperative landscape, where cooperatives account for 46% of total savings accounts and hold significant market share in financial services, COOPRATA contributes to financial inclusion for transportation workers who might otherwise face barriers to accessing traditional banking services.

Question 7

What type of financial institution is COOPRATA Ltda.?

Accepted Answer

COOPRATA Ltda. is classified as a Cooperativa Multiactiva de Ahorro y Crédito (Multiactive Savings and Credit Cooperative) under Paraguay's cooperative typology system established by INCOOP.

In the Paraguayan financial system, cooperatives are distinct from banks and represent a significant portion of the financial sector. Cooperatives in Paraguay operate under the principle of democratic member control, where each member has one vote regardless of their capital contribution. They are non-profit entities in the sense that surpluses are distributed among members in proportion to their use of cooperative services rather than according to capital invested.

COOPRATA is regulated by INCOOP rather than the Central Bank of Paraguay (BCP), which supervises commercial banks. The cooperative must comply with Law 438/94 on Cooperatives and its implementing regulations, which establish requirements for governance, capital adequacy, reserve funds, and member protections.

As a work-sector cooperative serving transportation professionals, COOPRATA exemplifies Paraguay's tradition of occupational cooperatives that provide financial services and mutual support to specific professional groups.

COOPRATA Ltda.

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About COOPRATA Ltda. in Paraguay