Cooprutec Ltda.
in Paraguay 🇵🇾
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About Cooprutec Ltda. in Paraguay
Cooprutec Ltda. (formally known as COOPRUTEC Lida. C.M.A.C.Con.T.V.S.) is a multiactive cooperative financial institution in Paraguay. The abbreviation C.M.A.C.Con.T.V.S. stands for Cooperativa Multiactiva de Ahorro y Crédito, Consumo, Trabajo, Vivienda y Servicios (Multiactive Cooperative of Savings and Credit, Consumption, Work, Housing, and Services). As a multiactive cooperative, Cooprutec serves its members by providing integrated financial services alongside support for consumption, employment, housing, and various social services.
The institution operates within Paraguay's cooperative sector, which represents a significant portion of the country's financial system. According to industry data, cooperatives account for 11.7% of Paraguay's financial-banking sector, making the country third in Latin America for cooperative financial activity.