Question 1

What is Credit Union Ltda. (C.M.A.C.P.S.)?

Accepted Answer

Credit Union Ltda. (C.M.A.C.P.S.) is a Type A savings and credit cooperative operating in Paraguay. It is registered with the Instituto Nacional de Cooperativismo (INCOOP), Paraguay's national cooperative regulatory body. As a Type A cooperative, it is classified as a financial institution exclusively dedicated to offering savings and credit services to its members.

With registration number 1561, Credit Union Ltda. serves approximately 2,315 members as of December 2018. The cooperative operates under Paraguay's cooperative framework, which represents a significant portion of the country's economically active population.

Question 2

When was Credit Union Ltda. (C.M.A.C.P.S.) founded?

Accepted Answer

[Information not publicly available]

Question 3

Where is Credit Union Ltda. (C.M.A.C.P.S.) headquartered?

Accepted Answer

The cooperative's headquarters location is [Information not publicly available], though it operates within Paraguay's national cooperative system.

Question 4

Where does Credit Union Ltda. (C.M.A.P.S.) operate?

Accepted Answer

Credit Union Ltda. operates within Paraguay, serving members across regions where it maintains a presence. As part of Paraguay's extensive cooperative network of over 800 cooperatives and 1.8 million members, it contributes to the financial services sector that serves 51% of the country's economically active population.

The cooperative operates under INCOOP supervision, which oversees cooperatives throughout Paraguay's departments and municipalities.

Question 5

What services does Credit Union Ltda. (C.M.A.C.P.S.) offer?

Accepted Answer

As a Type A savings and credit cooperative, Credit Union Ltda. provides:
• Savings accounts for member deposits
• Credit facilities under cooperative solidarity principles
• Member-focused financial services designed to promote mutual financial support

Unlike multiactivity cooperatives that offer services in production, consumption, or other sectors, Credit Union Ltda. focuses exclusively on financial operations, concentrating on deposit-taking and lending to its membership base.

Question 6

What makes Credit Union Ltda. (C.M.A.C.P.S.) unique?

Accepted Answer

Credit Union Ltda. operates under Paraguay's cooperative solidarity model, which emphasizes member ownership and democratic governance. Key distinctive features include:
• Member-owned structure where depositors are also owners
• Regulated by INCOOP under specific Type A cooperative requirements
• Focus on financial inclusion for members who may have limited access to traditional banking
• Part of Paraguay's strong cooperative tradition, where cooperatives play a vital role in economic development

Question 7

What type of financial institution is Credit Union Ltda. (C.M.A.C.P.S.)?

Accepted Answer

Credit Union Ltda. is a Cooperativa de Ahorro y Crédito Tipo A (Type A Savings and Credit Cooperative) in Paraguay. This designation represents financial cooperatives of exclusively financial character, created to offer members the ability to save collectively and access credit under solidarity conditions.

Type A cooperatives in Paraguay are supervised by INCOOP and must comply with specific regulatory requirements regarding capital adequacy, loan portfolio management, and member protection. They differ from commercial banks in their member-owned structure and from Type B cooperatives in their size and regulatory obligations.

Credit Union Ltda. (C.M.A.C.P.S.)

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About Credit Union Ltda. (C.M.A.C.P.S.) in Paraguay

Credit Union Ltda. (C.M.A­.C.P.S­.)