Question 1

What is Cooperativa Mixta Nuevo Sueño Limitada?

Accepted Answer

Cooperativa Mixta Nuevo Sueño Limitada is a mixed cooperative (cooperativa mixta) operating in Honduras. The name "Nuevo Sueño" translates to "New Dream," representing the institution's commitment to helping members achieve their economic and social aspirations.

As a mixed cooperative, it has the flexibility to offer multiple types of cooperative services, including savings and credit facilities, production support, and consumer services. The institution is registered with CONSUCOOP (Consejo Nacional Supervisor de Cooperativas), the autonomous national supervisory council responsible for regulating and overseeing cooperative entities throughout Honduras.

Question 2

When was Cooperativa Mixta Nuevo Sueño Limitada founded?

Accepted Answer

[Information not publicly available]

Question 3

Where is Cooperativa Mixta Nuevo Sueño Limitada headquartered?

Accepted Answer

The cooperative is headquartered in Honduras. Specific location details within the country are not publicly available.

Question 4

Where does Cooperativa Mixta Nuevo Sueño Limitada operate?

Accepted Answer

Cooperativa Mixta Nuevo Sueño Limitada operates within Honduras, serving its local community and member base. As a first-grade cooperative (primer grado), it functions at the community level, providing direct services to individual members rather than operating as a federation or higher-level cooperative organization.

Question 5

What services does Cooperativa Mixta Nuevo Sueño Limitada offer?

Accepted Answer

As a mixed cooperative, Cooperativa Mixta Nuevo Sueño Limitada likely provides a combination of services to its members, which may include:

Savings Services: Deposit accounts that allow members to build financial reserves in a secure, member-owned institution while earning returns on their savings.

Credit Services: Affordable loans to members for personal needs, productive activities, or business development, supporting economic advancement within the community.

Member Services: Additional cooperative services tailored to the specific needs of the membership, following democratic governance principles and cooperative values.

The cooperative operates according to the fundamental cooperative values established by CONSUCOOP: mutual aid, responsibility, democracy, equity, equality of rights, solidarity, honesty, transparency, social responsibility, and concern for others.

Question 6

What makes Cooperativa Mixta Nuevo Sueño Limitada unique?

Accepted Answer

Cooperativa Mixta Nuevo Sueño Limitada is part of Honduras's extensive cooperative network, which includes over 2,500 cooperatives contributing approximately 5% to the country's GDP. The cooperative sector plays a vital role in promoting financial inclusion, particularly in rural and underserved areas.

The cooperative operates under democratic principles where members exercise equal control through one-member, one-vote governance. This ensures that the institution prioritizes member needs over profit maximization and maintains accountability to its community.

As a CONSUCOOP-regulated entity, the cooperative adheres to prudential standards and regulatory requirements designed to ensure financial soundness and protect member deposits and interests. The cooperative model enables local communities to mobilize their own resources and channel them into productive local development.

Question 7

What type of financial institution is Cooperativa Mixta Nuevo Sueño Limitada?

Accepted Answer

Cooperativa Mixta Nuevo Sueño Limitada is a Cooperativa Mixta (Mixed Cooperative), a legally recognized category of financial cooperative under Honduran law.

Mixed cooperatives in Honduras are distinguished by their ability to combine multiple types of cooperative activities within one institutional framework. Unlike specialized cooperatives that focus on a single sector (such as savings and credit only, or agricultural production only), mixed cooperatives can provide diverse services to meet the varied needs of their members.

The institution operates under the Cooperatives Law of Honduras (Decree 65-87 and its reforms) and is subject to supervision by CONSUCOOP. As a first-grade cooperative, it maintains direct membership with individuals who have voluntarily joined together to address their common economic, social, and cultural needs through a jointly owned and democratically controlled enterprise.

Cooperativa Mixta Nuevo Sueño Limitada

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About Cooperativa Mixta Nuevo Sueño Limitada in Honduras