Question 1

What is Cooperad Ltda.?

Accepted Answer

Cooperad Ltda. is a multiservice credit union (cooperativa multiactiva) serving customs employees and their families in Paraguay. Officially registered as "COOPERAD Lida. C.M.A.C.Con.P.S. De Func. de la Aduana" (Cooperativa Multiactiva de Ahorro y Crédito, Consumo, Producción y Servicios de Funcionarios de la Aduana Limitada), it operates as a mutual aid financial institution specifically designed to meet the economic and social needs of personnel working within Paraguay's customs administration.

As a sector-specific cooperative, Cooperad Ltda. focuses on providing accessible financial services to a defined membership base of customs officials and related workers.

Question 2

When was Cooperad Ltda. founded?

Accepted Answer

[Information not publicly available]

Question 3

Where is Cooperad Ltda. headquartered?

Accepted Answer

The cooperative's headquarters location is not publicly disclosed. However, as an institution serving customs employees, it likely operates in proximity to major customs facilities in Paraguay.

Question 4

Where does Cooperad Ltda. operate?

Accepted Answer

Cooperad Ltda. operates within Paraguay, serving members of the customs administration throughout the country. The cooperative's reach extends to areas where Paraguay's customs offices are located, providing services to employees regardless of their specific posting within the national customs system.

Question 5

What services does Cooperad Ltda. offer?

Accepted Answer

As a multiservice cooperative (cooperativa multiactiva), Cooperad Ltda. provides a comprehensive range of financial and social services to its members, including:

Savings and Credit Services: Members can access various savings accounts and loan products tailored to their needs as customs employees. This typically includes personal loans, consumer credit, and emergency financing.

Consumption Services: The cooperative likely facilitates access to consumer goods and services at preferential rates for its members.

Production Services: Support for members' entrepreneurial activities or small business ventures.

Social Services: Solidarity programs, mutual aid benefits, and social assistance funds that provide support during difficult times or life events.

Question 6

What makes Cooperad Ltda. unique?

Accepted Answer

Cooperad Ltda.'s defining characteristic is its exclusive focus on serving customs administration employees in Paraguay. This specialized membership model allows the cooperative to:

Understand Specific Needs: Deep familiarity with the financial challenges and opportunities facing customs workers, including salary structures, work schedules, and career progression patterns.

Build Trust: Operating within a close-knit professional community where members share common experiences and workplace connections.

Provide Tailored Solutions: Financial products and services designed specifically for the customs sector, taking into account the unique circumstances of this professional group.

The cooperative operates under the supervision of the Instituto Nacional de Cooperativismo (INCOOP), Paraguay's national cooperative regulatory authority.

Question 7

What type of financial institution is Cooperad Ltda.?

Accepted Answer

Cooperad Ltda. is classified as a Cooperativa Tipo C (Type C Cooperative) under Paraguay's cooperative classification system. In Paraguay, cooperatives are categorized into three types based on their total assets:

Type A: Cooperatives with assets exceeding 50 billion Guaraníes

Type B: Cooperatives with assets between 5 billion and 50 billion Guaraníes

Type C: Cooperatives with assets below 5 billion Guaraníes

As a Type C multiservice credit union, Cooperad Ltda. represents a smaller-scale cooperative institution focused on serving a specific occupational group. These institutions operate under Paraguay's cooperative legal framework, governed by Law No. 438/94 and regulated by INCOOP, which ensures they adhere to cooperative principles of mutual aid, democratic governance, and member participation.

Credit unions in Paraguay play a significant role in financial inclusion, with cooperatives collectively accounting for approximately 46% of all savings accounts in the country's financial system.

Cooperad Ltda.

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About Cooperad Ltda. in Paraguay