Question 1

What is Cooperativa Monseñor Félix Gainza R.L.?

Accepted Answer

Cooperativa Monseñor Félix Gainza R.L. is an open savings and credit cooperative (Cooperativa de Ahorro y Crédito Abierta) operating in southern Bolivia. It is a community-based financial institution serving the border region of Potosí and Tarija departments.

Licensed and regulated by the Autoridad de Supervisión del Sistema Financiero (ASFI), the cooperative provides accessible financial services to individuals and small businesses in underserved areas of Bolivia's southern region.

Question 2

When was Cooperativa Monseñor Félix Gainza R.L. founded?

Accepted Answer

[Information not publicly available]

The cooperative holds an official operating license from ASFI and is listed among Bolivia's authorized open savings and credit cooperatives. As an established institution, it operates within Bolivia's cooperative financial system, which has roots dating back to the late 1950s when the country's first cooperatives emerged to address financial exclusion.

Question 3

Where is Cooperativa Monseñor Félix Gainza R.L. headquartered?

Accepted Answer

The cooperative is headquartered in Villazón, a border city in the Potosí department of southern Bolivia. Villazón sits directly across from La Quiaca, Argentina, along the La Quiaca River, making it a significant commercial and trading hub in the region.

With a population of approximately 28,000 residents, Villazón serves as the cooperative's base for serving the southern Bolivian market.

Question 4

Where does Cooperativa Monseñor Félix Gainza R.L. operate?

Accepted Answer

According to ASFI records, Cooperativa Monseñor Félix Gainza R.L. operates primarily in two Bolivian departments: Oruro and Potosí. The cooperative's presence in these southern departments allows it to serve communities along the Argentine border and surrounding rural and urban areas.

Potosí department, where the cooperative is headquartered, represents Bolivia's second most populous department in the region. The cooperative's coverage extends to areas that often lack access to traditional banking services.

Question 5

What services does Cooperativa Monseñor Félix Gainza R.L. offer?

Accepted Answer

As an open savings and credit cooperative regulated by ASFI, Cooperativa Monseñor Félix Gainza R.L. offers core financial services including:

Savings Products: Savings accounts (cajas de ahorro) and fixed-term deposits (DPFs) that allow members and the general public to securely save money while earning returns.

Credit Services: Various loan products designed to meet personal, commercial, and microenterprise financing needs. These include consumer loans, productive loans, and credit lines tailored to the economic activities common in the border region.

Payment Services: Transaction services that facilitate financial operations for members and customers in the community.

Question 6

What makes Cooperativa Monseñor Félix Gainza R.L. unique?

Accepted Answer

Cooperativa Monseñor Félix Gainza R.L. stands out for its strategic location in Villazón, a dynamic border city where Bolivian and Argentine commerce intersect. This positioning allows the cooperative to serve a unique market of cross-border traders, local businesses, and residents who benefit from the region's commercial activity.

Unlike traditional banks that prioritize profit maximization for shareholders, the cooperative operates on democratic principles where each member has equal voting rights regardless of their capital contribution. This member-owned structure ensures that services and benefits are designed to meet community needs rather than external investor demands.

The cooperative serves populations that have historically been excluded from traditional banking services, providing financial inclusion in rural and peripheral areas of southern Bolivia where access to credit and savings products is limited.

Question 7

What type of financial institution is Cooperativa Monseñor Félix Gainza R.L.?

Accepted Answer

Cooperativa Monseñor Félix Gainza R.L. is classified as a Cooperativa de Ahorro y Crédito Abierta (Open Savings and Credit Cooperative) in Bolivia's financial system.

Open cooperatives (cooperativas abiertas) can offer services to the general public, not just their members, and are subject to comprehensive regulation and supervision by ASFI. They must meet strict standards for capitalization, governance, risk management, and corporate social responsibility.

This designation distinguishes the institution from closed cooperatives (cooperativas cerradas), which limit services exclusively to their membership base. As an open cooperative, it functions similarly to a community bank while maintaining the cooperative principles of democratic governance, member ownership, and community-focused service delivery that have characterized Bolivia's cooperative movement since its inception in the 1950s.

Cooperativa Monseñor Félix Gainza R.L.

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About Cooperativa Monseñor Félix Gainza R.L. in Bolivia