Question 1

What is Tesaka Ltda. CMAC?

Accepted Answer

Tesaka Ltda. CMAC (Cooperativa Multiactiva de Ahorro y Crédito, Consumo y Trabajo y Servicios) is a multiactive credit union operating in Paraguay. The institution is a financial cooperative that combines multiple activities including savings and credit services, consumption, work, and various other services for its members.

As a CMAC-type cooperative, Tesaka operates under the cooperative model where members are both owners and users of the financial services. The institution is regulated by the Instituto Nacional de Cooperativismo (INCOOP), Paraguay's national cooperative supervisory authority.

Question 2

When was Tesaka Ltda. CMAC founded?

Accepted Answer

[Information not publicly available]

The specific founding date of Tesaka Ltda. CMAC has not been disclosed in publicly available sources. The institution is recognized in INCOOP's official resolution 30150/2024, which indicates it is an officially registered and operating cooperative within Paraguay's cooperative system.

Question 3

Where is Tesaka Ltda. CMAC headquartered?

Accepted Answer

[Information not publicly available]

The specific headquarters location for Tesaka Ltda. CMAC has not been publicly disclosed. The institution operates within Paraguay and is registered with INCOOP, the national cooperative regulator.

Question 4

Where does Tesaka Ltda. CMAC operate?

Accepted Answer

Tesaka Ltda. CMAC operates within Paraguay, serving members throughout areas where it maintains presence.

As a cooperative institution in Paraguay, Tesaka would typically focus on serving a defined community or membership base, which is characteristic of Paraguayan credit unions. The cooperative model in Paraguay emphasizes local community service and member participation in governance.

Question 5

What services does Tesaka Ltda. CMAC offer?

Accepted Answer

As a multiactive cooperative (CMAC - Cooperativa Multiactiva de Ahorro y Crédito, Consumo y Trabajo y Servicios), Tesaka provides a comprehensive range of financial and cooperative services:

Savings Services: Members can access various savings account options, typically including demand deposits and term deposits that generate interest returns.

Credit Services: The cooperative offers lending services to members, which may include microfinance loans, consumer credit, and other loan products designed to meet member needs.

Consumption Services: As a multiactive cooperative, Tesaka may provide services related to member consumption needs, which could include purchasing cooperatives or consumer goods access.

Work and Services: The institution may offer employment-related services and other cooperative benefits to its membership base.

The specific product offerings and eligibility requirements would be determined based on membership status and the cooperative's internal regulations.

Question 6

What makes Tesaka Ltda. CMAC unique?

Accepted Answer

Tesaka Ltda. CMAC operates under the distinctive multiactive cooperative model, which sets it apart from traditional banks in Paraguay:

Cooperative Ownership Structure: Members are both owners and users of the services, participating in democratic governance through member assemblies and elected boards.

Multiple Service Categories: Unlike specialized cooperatives that focus solely on savings and credit, Tesaka's multiactive designation (C.M.A.C.Con.T.S.) indicates it provides a broader range of services encompassing consumption, work, and various other cooperative services.

INCOOP Regulation: The institution operates under the regulatory framework established by INCOOP, which applies specific rules for credit unions different from those governing traditional banks supervised by the Central Bank of Paraguay.

Community Focus: As a cooperative, Tesaka emphasizes serving its member community rather than maximizing profits for external shareholders, with any surplus typically returned to members or reinvested in services.

Question 7

What type of financial institution is Tesaka Ltda. CMAC?

Accepted Answer

Tesaka Ltda. CMAC is classified as a Cooperativa Multiactiva (Multiactive Cooperative) in Paraguay's financial system.

Specifically, it falls under the category of savings and credit cooperatives (cooperativas de ahorro y crédito) with multiactive operations. In Paraguay, cooperatives are categorized by INCOOP into different types based on their asset size: Type A (assets exceeding 50 billion guaraníes), Type B (assets between 5 and 50 billion guaraníes), and Type C (assets below 5 billion guaraníes).

Credit unions in Paraguay are governed by Law 438/1994 (the Cooperatives Law) and regulated by INCOOP rather than the Central Bank of Paraguay. This regulatory structure differentiates cooperatives from commercial banks, finance companies, and other institutions supervised by the central bank. Cooperatives operate on the principles of mutual aid, democratic control, and member participation, serving their associated members rather than the general public.

The "CMAC" designation indicates the institution provides multiple services beyond basic savings and credit, and the addition of "Con.T.S." (Consumo, Trabajo y Servicios) specifies its expanded service scope including consumption, work-related, and various other services for members.

Tesaka Ltda. CMAC

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About Tesaka Ltda. CMAC in Paraguay