Question 1

What is COOAHCREDO - Cooperativa de Ahorro y Crédito Docentes UPNFM Limitada?

Accepted Answer

COOAHCREDO - Cooperativa de Ahorro y Crédito Docentes UPNFM Limitada is a savings and credit cooperative in Honduras that exclusively serves teachers from the Universidad Pedagógica Nacional Francisco Morazán (UPNFM). As a specialized teachers' credit union, COOAHCREDO provides financial services specifically designed for educators and their families.

The cooperative operates under the supervision of the Consejo Nacional Supervisor de Cooperativas (CONSUCOOP), Honduras's national cooperative supervisory council, which regulates and oversees cooperative organizations throughout the country.

Question 2

When was COOAHCREDO - Cooperativa de Ahorro y Crédito Docentes UPNFM Limitada founded?

Accepted Answer

[Information not publicly available]

Question 3

Where is COOAHCREDO - Cooperativa de Ahorro y Crédito Docentes UPNFM Limitada headquartered?

Accepted Answer

COOAHCREDO is based in Honduras, serving teachers from the Universidad Pedagógica Nacional Francisco Morazán. Specific details about the cooperative's headquarters location are not publicly available.

Question 4

Where does COOAHCREDO - Cooperativa de Ahorro y Crédito Docentes UPNFM Limitada operate?

Accepted Answer

COOAHCREDO operates within Honduras, providing financial services to teachers affiliated with the Universidad Pedagógica Nacional Francisco Morazán. As a cooperative serving university faculty members, its operations are focused on locations where UPNFM teachers and staff are located throughout Honduras.

Honduras has a well-established cooperative sector supervised by CONSUCOOP, with cooperatives maintaining a presence across the country's departments and municipalities.

Question 5

What services does COOAHCREDO - Cooperativa de Ahorro y Crédito Docentes UPNFM Limitada offer?

Accepted Answer

As a savings and credit cooperative (Cooperativa de Ahorro y Crédito), COOAHCREDO provides financial services specifically tailored to the needs of teachers from UPNFM. These services typically include savings accounts and deposit products that allow members to build financial reserves with competitive interest rates.

Credit services likely include personal loans, educational loans for members and their dependents, emergency loans, home improvement loans, and other credit products designed to meet the financial needs of educators. Many teachers' cooperatives in Honduras also offer vehicle loans, consolidation loans, and microenterprise financing.

Additional services may include financial education, social welfare programs for members, and other member benefits that support the economic well-being of the cooperative's teacher-members and their families.

Question 6

What makes COOAHCREDO - Cooperativa de Ahorro y Crédito Docentes UPNFM Limitada unique?

Accepted Answer

COOAHCREDO's unique characteristic is its exclusive focus on serving teachers from the Universidad Pedagógica Nacional Francisco Morazán, making it a highly specialized credit union within Honduras's cooperative sector. This focused membership allows the cooperative to design financial products and services specifically for educators' needs, income patterns, and professional circumstances.

Teachers' cooperatives in Honduras have a strong tradition of mutual support and democratic governance, with members participating in decision-making and sharing in the cooperative's benefits. The affiliation with UPNFM connects the cooperative to one of Honduras's most important teacher training institutions, creating a community-based financial organization for educators.

Question 7

What type of financial institution is COOAHCREDO - Cooperativa de Ahorro y Crédito Docentes UPNFM Limitada?

Accepted Answer

COOAHCREDO is classified as a savings and credit cooperative (Cooperativa de Ahorro y Crédito) in Honduras. Savings and credit cooperatives are member-owned financial institutions that provide deposit and lending services exclusively to their members, operating on cooperative principles of democratic governance, member participation, and mutual benefit.

In Honduras, savings and credit cooperatives are regulated and supervised by CONSUCOOP (Consejo Nacional Supervisor de Cooperativas), an autonomous and decentralized state institution with its own patrimony that is responsible for applying cooperative legislation and exercising control over cooperative entities. CONSUCOOP establishes prudential norms and regulatory standards for credit cooperatives, including requirements for external audits, capital adequacy, loan classification, and financial reporting based on the size and complexity of each cooperative's operations.

COOAHCREDO - Cooperativa de Ahorro y Crédito Docentes UPNFM Limitada

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About COOAHCREDO - Cooperativa de Ahorro y Crédito Docentes UPNFM Limitada in Honduras