Cooperativa Ava Mbate
in Paraguay 🇵🇾
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About Cooperativa Ava Mbate in Paraguay
Cooperativa Ava Mbate is a multiactive savings and credit cooperative (Cooperativa Multiactiva de Ahorro y Crédito, or C.M.A.C.) operating in Paraguay. The name "Ava Mbate" derives from the Guarani language, where "Ava" means "person" or "human," reflecting the indigenous cultural heritage of Paraguay. As a multiactive cooperative, it serves its members by combining savings and credit services with other cooperative activities.
The cooperative is officially registered with INCOOP (Instituto Nacional de Cooperativismo), the National Cooperative Institute of Paraguay, which serves as the regulatory and supervisory authority for all cooperatives in the country.