Question 1

What is Cooperativa Mixta Avance Limitada?

Accepted Answer

Cooperativa Mixta Avance Limitada is a mixed cooperative (cooperativa mixta) operating in Honduras. As a mixed cooperative, it is authorized to conduct multiple activities under its statutes, which distinguishes it from single-purpose cooperatives. The cooperative is registered with CONSUCOOP (Consejo Nacional Supervisor de Cooperativas), Honduras's national supervisory council for cooperatives.

Mixed cooperatives in Honduras are defined as organizations that establish multiple activities as their principal objective in their statutes, allowing them to serve their members through various services simultaneously.

Question 2

When was Cooperativa Mixta Avance Limitada founded?

Accepted Answer

[Information not publicly available]

Question 3

Where is Cooperativa Mixta Avance Limitada headquartered?

Accepted Answer

[Information not publicly available]

The cooperative operates in Honduras and is subject to regulation by CONSUCOOP, the decentralized, autonomous state institution responsible for applying cooperative legislation and supervising cooperative entities throughout the country.

Question 4

Where does Cooperativa Mixta Avance Limitada operate?

Accepted Answer

[Information not publicly available]

As a registered cooperative in Honduras, Cooperativa Mixta Avance Limitada operates within Honduran territory, serving its affiliated members (afiliados) in accordance with the Ley de Cooperativas de Honduras (Cooperatives Law of Honduras).

Question 5

What services does Cooperativa Mixta Avance Limitada offer?

Accepted Answer

As a mixed cooperative (cooperativa mixta), Cooperativa Mixta Avance Limitada is authorized to provide multiple services to its members. Under Honduran cooperative law, mixed cooperatives can combine various activities such as savings and credit services, consumption services, and other cooperative services as established in their statutes.

The cooperative operates as a member-owned organization, providing services primarily to its affiliates based on the principles of mutual aid, democratic management, and social responsibility. Services are typically delivered through a jointly-owned enterprise controlled democratically by members.

Question 6

What makes Cooperativa Mixta Avance Limitada unique?

Accepted Answer

Cooperativa Mixta Avance Limitada operates under the distinctive mixed cooperative model recognized in Honduras, which allows it to pursue multiple objectives rather than being limited to a single activity type. This flexibility enables the cooperative to address diverse needs of its members.

As a registered cooperative, it adheres to Honduras's cooperative values including mutual aid (ayuda mutua), democracy, equity, social responsibility, transparency, and community concern. The cooperative operates on the principle that service takes priority over profit, distinguishing it from traditional commercial banking institutions.

The cooperative does not maintain a public website, reflecting a service model focused on direct member relationships rather than digital consumer marketing.

Question 7

What type of financial institution is Cooperativa Mixta Avance Limitada?

Accepted Answer

Cooperativa Mixta Avance Limitada is classified as a Cooperativa Mixta (Mixed Cooperative) under Honduran law. This is a specific institutional type recognized in the Ley de Cooperativas de Honduras.

Mixed cooperatives represent one of the four main categories of cooperatives in Honduras, alongside production cooperatives (cooperativas de producción), service cooperatives (cooperativas de servicio), and consumption cooperatives (cooperativas de consumo). The mixed classification allows the organization to combine multiple cooperative activities under a single entity.

Unlike cooperativas de ahorro y crédito (savings and credit cooperatives) with open membership and significant assets, mixed cooperatives have more flexibility in their operational scope. They are supervised by CONSUCOOP and must comply with Honduran cooperative legislation, including requirements for democratic governance, member education, and annual financial audits.

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