Question 1

What is COOPAC El Amauta?

Accepted Answer

COOPAC El Amauta is a credit union (Cooperativa de Ahorro y Crédito) operating in Peru. It is a non-profit cooperative financial institution that provides savings and credit services exclusively to its members.

The cooperative serves the local community in the La Convención province, focusing on financial inclusion and member welfare.

Question 2

When was COOPAC El Amauta founded?

Accepted Answer

COOPAC El Amauta was founded on March 4, 2008. The cooperative was established to provide accessible financial services to the community in the Santa Ana district.

Since its founding, it has operated under the principles of the cooperative movement, prioritizing member benefits over profit.

Question 3

Where is COOPAC El Amauta headquartered?

Accepted Answer

COOPAC El Amauta is headquartered in Santa Ana, La Convención province, in the Cusco region of Peru. Specifically, the cooperative is located at Jr. Machupicchu No. 301, behind the I.E. 51028 El Rosario school.

Santa Ana is situated in the La Convención province, a region known for its agricultural activities.

Question 4

Where does COOPAC El Amauta operate?

Accepted Answer

COOPAC El Amauta operates primarily in the La Convención province within the Cusco region of Peru. The cooperative serves communities in the Santa Ana district and surrounding areas.

Its operations focus on the local region where its member-owners reside and conduct their economic activities.

Question 5

What services does COOPAC El Amauta offer?

Accepted Answer

COOPAC El Amauta offers savings and credit services to its cooperative members. These services include various savings accounts and loan products designed to meet the financial needs of local residents and small businesses.

As a cooperative, membership is required to access financial products. The institution does not capture resources from the general public, operating exclusively with member funds.

Question 6

What makes COOPAC El Amauta unique?

Accepted Answer

COOPAC El Amauta is unique in its focus on serving the rural communities of La Convención province. The cooperative operates under cooperative principles of mutual aid, democratic governance, and member economic participation.

Its location in Santa Ana positions it to serve agricultural communities and small entrepreneurs in a region where traditional banking services may be limited. The cooperative's small size allows for personalized service to its members.

Question 7

What type of financial institution is COOPAC El Amauta?

Accepted Answer

COOPAC El Amauta is a Cooperativa de Ahorro y Crédito No Autorizada a Captar Recursos del Público (COOPAC), which is a credit union not authorized to capture resources from the general public in Peru. It is classified as a Level 2 cooperative under the modular supervision system established by the Superintendencia de Banca, Seguros y AFP (SBS).

As a COOPAC, it operates as a non-profit cooperative association dedicated to capturing savings and granting loans to its cooperative members. These institutions are regulated and supervised by the SBS under Law No. 30822 (Ley COOPAC) and are subject to specific regulations appropriate to their size and complexity. COOPACs are fundamental to financial inclusion in Peru, particularly in areas underserved by traditional banks.

COOPAC El Amauta

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About COOPAC El Amauta in Peru