Question 1

What is Cooperativa de Ahorro y Crédito Aopcoop?

Accepted Answer

Cooperativa de Ahorro y Crédito Aopcoop (COOPAC Aopcoop) is a closed credit union in Peru that exclusively serves members of the Okinawan-Peruvian community and the Asociación Okinawense del Perú. As a Level 2 cooperative, it operates under the supervision of the Superintendencia de Banca, Seguros y AFP (SBS) through the Superintendencia Adjunta de Cooperativas.

The cooperative is registered under number 0041-2019-REG.COOPAC-SBS and serves the financial needs of descendants of Okinawan immigrants who arrived in Peru beginning in 1906. Unlike open cooperatives, Aopcoop does not accept deposits from the general public and provides services exclusively to its members.

Question 2

When was Cooperativa de Ahorro y Crédito Aopcoop founded?

Accepted Answer

Cooperativa de Ahorro y Crédito Aopcoop was founded on September 14, 1998, and began operations on May 11, 1999, when it was registered in the National Registry of Legal Entities under registration number 11096433. The cooperative was officially inscribed in the National Registry of Credit Unions and Central Cooperatives (Registro COOPAC) on February 7, 2019.

The institution was established to serve the financial needs of the Okinawan-Peruvian community, which represents approximately 70% of the Nikkei (Japanese-Peruvian) population in Peru. The cooperative's creation aligns with the long tradition of mutual aid (tanomoshi) that has characterized the Okinawan immigrant community since the early 20th century.

Question 3

Where is Cooperativa de Ahorro y Crédito Aopcoop headquartered?

Accepted Answer

Cooperativa de Ahorro y Crédito Aopcoop is headquartered in the Jesús María district of Lima, Peru. The main office is located at Avenida Gregorio Escobedo 803, on the first floor of the Centro Cultural Peruano Japonés (Peruvian-Japanese Cultural Center).

The cooperative operates Monday through Friday from 9:00 AM to 8:00 PM, and on Saturdays from 9:00 AM to 1:00 PM.

Question 4

Where does Cooperativa de Ahorro y Crédito Aopcoop operate?

Accepted Answer

Cooperativa de Ahorro y Crédito Aopcoop operates exclusively in Lima, Peru, from its headquarters in Jesús María. As a closed credit union, the cooperative serves members throughout the Lima metropolitan area who are affiliated with the Asociación Okinawense del Perú.

The institution's geographic scope is limited to areas where members of the Okinawan-Peruvian community reside and conduct business within Peru.

Question 5

What services does Cooperativa de Ahorro y Crédito Aopcoop offer?

Accepted Answer

Cooperativa de Ahorro y Crédito Aopcoop offers a range of savings and credit products designed specifically for its members.

Savings Products:
• Cuenta de Ahorro (Savings Accounts)
• Plazo Fijo (Fixed-Term Deposits)

Credit Products:
• Crédito de Siempre (Regular Credit)
• Crédito Ordinario (Ordinary Credit)
• Crédito Extraordinario (Extraordinary Credit)
• Crédito a Sola Firma (Signature Loan)
• Back to Back Credit
• Okis Credit
• OkiAuto (Auto Loans)

Additional Services:
• International remittance services between Peru and Japan through Banco do Brasil (Tokyo) and Banco Pichincha (Lima)
• Membership affiliation assistance for the Asociación Okinawense del Perú
• Payment processing, collections, and fund transfers for members

Members' deposits are protected by the Fondo de Seguro de Depósitos Cooperativo (FSDC) with coverage up to S/. 5,000 (five thousand soles) per member.

Question 6

What makes Cooperativa de Ahorro y Crédito Aopcoop unique?

Accepted Answer

Cooperativa de Ahorro y Crédito Aopcoop is distinguished by its specialized focus on serving the Okinawan-Peruvian community, one of the most established Japanese immigrant communities in Latin America. This cultural specificity allows the cooperative to understand and address the unique financial needs of its members.

The institution maintains strong ties with Japan through its international remittance services, offering competitive rates for money transfers between Peru and Japan via partnerships with Banco do Brasil in Tokyo. This service is particularly valuable for members with family connections in Okinawa Prefecture.

As a closed cooperative affiliated with the Asociación Okinawense del Perú (founded in 1910), Aopcoop preserves the tradition of tanomoshi (mutual aid societies) that helped early Okinawan immigrants establish businesses and build prosperity in Peru. The cooperative embodies the cultural values of solidarity and mutual support that have characterized the Okinawan diaspora for over a century.

Question 7

What type of financial institution is Cooperativa de Ahorro y Crédito Aopcoop?

Accepted Answer

Cooperativa de Ahorro y Crédito Aopcoop is a closed credit union (cooperativa de ahorro y crédito cerrada) classified as a Level 2 institution under Peru's cooperative banking framework. In Peru, closed credit unions are distinct from open cooperatives in that they serve a specific, defined membership base rather than the general public.

As a Level 2 cooperative, Aopcoop is authorized to perform operations including savings accounts, fixed-term deposits, various credit products, collection and payment services, fund transfers, and receipt of Compensación por Tiempo de Servicios (CTS) deposits from members. The institution is regulated by the Superintendencia de Banca, Seguros y AFP (SBS) under Law 30822, which governs credit unions in Peru.

The closed nature of the cooperative means that membership is restricted to individuals affiliated with the Asociación Okinawense del Perú and their family members, maintaining its character as a community-based financial institution.

Cooperativa de Ahorro y Crédito Aopcoop

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