Question 1

What is Cooperativa BOSCOOP Ltda.?

Accepted Answer

Cooperativa BOSCOOP Ltda. is a multiactivity cooperative (Cooperativa Multiactiva de Ahorro y Crédito, Consumo, Trabajo y Servicios) located in Asunción, Paraguay. Founded by alumni of Salesian educational institutions, the cooperative serves its members by providing savings and credit services, consumer benefits, and social solidarity programs. BOSCOOP operates under the supervision of INCOOP (Instituto Nacional de Cooperativismo), Paraguay's national cooperative institute, and maintains strong historical ties to the Salesian community while also serving the general public.

Question 2

When was Cooperativa BOSCOOP Ltda. founded?

Accepted Answer

Cooperativa BOSCOOP Ltda. was officially founded on November 9, 1997, during a founding assembly held in Ypacaraí, Central Department, Paraguay. The cooperative was established by representatives from Salesian ex-alumni centers including Monseñor Lasagna, Domingo Savio, and Hijas de María Auxiliadora, with the support of the Instituto Nacional de Cooperativismo.

The founding was the culmination of decades of perceived need among Salesian ex-alumni and the Federation of Salesian Ex-Alumni of Paraguay to create an entity that would unite cooperative and associative efforts. The assembly approved the statutes and elected authorities, officially establishing the "Cooperativa Multiactiva Boscoop Limitada."

Question 3

Where is Cooperativa BOSCOOP Ltda. headquartered?

Accepted Answer

Cooperativa BOSCOOP Ltda. is headquartered in Asunción, the capital city of Paraguay. The cooperative's social headquarters is located at Don Bosco No. 995 corner with Manduviró Street, in the historic Salesian zone near the María Auxiliadora Parish.

The cooperative initially began operations in Ypacaraí but relocated to Asunción to facilitate access for more interested parties. In 2010, following a successful period of institutional modernization and positive operational results, BOSCOOP acquired its own headquarters building in the same historic Salesian area where it had established its early operations in the capital.

Question 4

Where does Cooperativa BOSCOOP Ltda. operate?

Accepted Answer

Cooperativa BOSCOOP Ltda. primarily operates in Asunción, the capital district of Paraguay. The cooperative serves members throughout the metropolitan area of Asunción and surrounding regions of the Central Department. While originally focused on the Salesian community in the area around the María Auxiliadora Parish, the cooperative expanded its operational scope in 2007 to serve the general community throughout the capital region.

Question 5

What services does Cooperativa BOSCOOP Ltda. offer?

Accepted Answer

Cooperativa BOSCOOP Ltda. offers a comprehensive range of multiactivity cooperative services:

Savings Services:
• Savings accounts (a la vista - on demand)
• Fixed-term deposits (a plazo fijo)
• Programmed savings plans

Credit Services:
• Ordinary loans (préstamos ordinarios)
• Extraordinary loans (préstamos extraordinarios)
• Emergency loans (préstamos de emergencia)
• School loans (préstamos escolares)
• Entrepreneur loans (préstamos emprendedor)

Solidarity Benefits:
• Marriage benefits (casamiento)
• Birth of child benefits (nacimiento de hijo/a)
• Permanent and temporary disability coverage (incapacidad permanente y temporal)
• Death benefits for members, minor children, and parents of members (defunción)

Other Services:
• Social facilities including covered patio and quincho (barbecue area) for various social events
• Office spaces available for rent for offices and various studies

Question 6

What makes Cooperativa BOSCOOP Ltda. unique?

Accepted Answer

Cooperativa BOSCOOP Ltda. distinguishes itself through its deep historical connection to the Salesian educational tradition and the spirit of Don Bosco. Founded by ex-alumni of Salesian institutions, the cooperative embodies the values of mutual help, solidarity, and community service that characterize the Salesian movement.

In 2007, the cooperative made a strategic decision to open membership to the general public while maintaining its historic ties to the Salesian community. This expansion demonstrated the institution's commitment to broader social impact while preserving its founding values.

The cooperative underwent significant institutional modernization beginning in 2007, resulting in improved operational results that enabled it to purchase its own headquarters in 2010. BOSCOOP operates with a strong emphasis on democratic participation, transparency, and member involvement in decision-making through general assemblies and elected governing bodies.

Question 7

What type of financial institution is Cooperativa BOSCOOP Ltda.?

Accepted Answer

Cooperativa BOSCOOP Ltda. is classified as a Cooperativa Multiactiva de Ahorro y Crédito (Multiactivity Savings and Credit Cooperative) in Paraguay. This institutional type, regulated by INCOOP under Paraguayan cooperative law, combines savings and credit functions with consumer services, work solidarity, and social services.

As a multiactivity cooperative, BOSCOOP operates on cooperative principles including voluntary and open membership, democratic member control, member economic participation, autonomy and independence, education and training, cooperation among cooperatives, and commitment to community. Members are both owners and users of the cooperative's services, with governance based on the principle of one member, one vote, rather than capital-based control typical of traditional financial institutions.

Question 8

What is the connection between BOSCOOP and the Salesian movement?

Accepted Answer

Cooperativa BOSCOOP Ltda. is fundamentally rooted in the Salesian tradition founded by Saint John Bosco (Don Bosco). The cooperative's name itself derives from "Bosco" (from Don Bosco) and "Coop" (cooperative), reflecting this heritage. The institution was specifically created by and for ex-alumni of Salesian educational institutions in Paraguay.

The Salesian Cooperators, a lay association founded by Don Bosco in 1876, promoted values of cooperation, mutual assistance, and service to youth and community. These principles directly influenced the founding of BOSCOOP over a century later. The cooperative operates in the historic Salesian zone of Asunción, near the María Auxiliadora Parish, maintaining physical and spiritual proximity to its Salesian roots.

While the cooperative opened its doors to the general public in 2007, it continues to honor its Salesian heritage by emphasizing solidarity, democratic participation, education, and service to members—values that Don Bosco championed throughout his life and ministry.

Cooperativa BOSCOOP Ltda.

in Paraguay 🇵🇾

Crypto-Friendliness

All done!

About Cooperativa BOSCOOP Ltda. in Paraguay