Question 1

What is Cooperativa Mixta Bay Island Sportwear, Limitada?

Accepted Answer

Cooperativa Mixta Bay Island Sportwear, Limitada is a mixed cooperative financial institution registered in Honduras. The cooperative is associated with Bay Island Sportswear, a textile and apparel manufacturing company operating in San Pedro Sula.

As a "cooperativa mixta" (mixed cooperative), the institution serves multiple purposes for its members, which may include savings and credit services, production support, and other financial services. The cooperative operates under the supervision of CONSUCOOP (Consejo Nacional Supervisor de Cooperativas), Honduras's national cooperative supervisory body.

Question 2

When was Cooperativa Mixta Bay Island Sportwear, Limitada founded?

Accepted Answer

The specific founding date of Cooperativa Mixta Bay Island Sportwear, Limitada is not publicly available. However, the cooperative is associated with Bay Island Sportswear, which began operations in Honduras in 2002.

The cooperative was established to serve the financial and economic needs of workers and members associated with the textile manufacturing sector in the San Pedro Sula region.

Question 3

Where is Cooperativa Mixta Bay Island Sportwear, Limitada headquartered?

Accepted Answer

The cooperative is headquartered in San Pedro Sula, Cortés Department, Honduras. San Pedro Sula is Honduras's second-largest city and serves as the country's industrial and economic hub, particularly for the textile and manufacturing sectors.

The institution is located in the industrial zone area where Bay Island Sportswear operates, specifically in the ZIP (Zona Industrial de Procesamiento) San José, along the 2do Anillo Periférico.

Question 4

Where does Cooperativa Mixta Bay Island Sportwear, Limitada operate?

Accepted Answer

The cooperative primarily operates in the Cortés Department of Honduras, with its main focus on the San Pedro Sula metropolitan area. This region is home to Honduras's largest concentration of textile and apparel manufacturing facilities.

The cooperative serves members primarily within the industrial processing zones (ZIPs) of San Pedro Sula, where numerous textile and manufacturing companies are located.

Question 5

What services does Cooperativa Mixta Bay Island Sportwear, Limitada offer?

Accepted Answer

As a mixed cooperative, Cooperativa Mixta Bay Island Sportwear, Limitada likely offers a range of services to its members, which may include:

Savings and Credit Services: Providing savings accounts and loan products to cooperative members, particularly those employed in or associated with the textile manufacturing sector.

Production Support: Offering financial services that support the economic activities of members involved in textile and apparel production.

Member Benefits: Providing cooperative benefits in accordance with Honduran cooperative law, including profit-sharing and democratic governance rights.

The cooperative does not maintain a public website, which is common for smaller worker-focused cooperatives in Honduras that primarily serve a defined membership base.

Question 6

What makes Cooperativa Mixta Bay Island Sportwear, Limitada unique?

Accepted Answer

The cooperative's distinctive characteristic is its association with the textile and apparel manufacturing industry in Honduras, specifically connected to Bay Island Sportswear. This represents a specialized form of cooperative financial institution serving workers in a specific industrial sector.

The institution operates within Honduras's well-established cooperative movement, which is governed by the Ley de Cooperativas de Honduras (Honduran Cooperative Law). As a mixed cooperative, it has the flexibility to provide multiple types of services to its members.

The cooperative's focus on serving the textile manufacturing workforce reflects the importance of this sector to Honduras's economy, particularly in the San Pedro Sula region, which is home to numerous maquiladora operations.

Question 7

What type of financial institution is Cooperativa Mixta Bay Island Sportwear, Limitada?

Accepted Answer

Cooperativa Mixta Bay Island Sportwear, Limitada is classified as a Cooperativa Mixta (Mixed Cooperative) under Honduran law. This is a specific type of cooperative financial institution recognized in Honduras.

Mixed cooperatives in Honduras are autonomous organizations that combine multiple cooperative functions, which may include savings and credit operations, production support, and service provision. They are governed democratically by their members and operate according to cooperative principles of mutual aid, responsibility, democracy, and solidarity.

The institution is registered with and supervised by CONSUCOOP, the government entity responsible for applying cooperative legislation and exercising control authority over cooperative entities in Honduras. This regulatory framework ensures that the cooperative operates in accordance with Honduran cooperative law and protects the interests of its members.

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