Question 1

What is Arecaya Ltda. C.M.A.C.?

Accepted Answer

Arecaya Ltda. C.M.A.C. is a multi-activity savings and credit cooperative (Cooperativa Multiactiva de Ahorro y Crédito) operating in Paraguay. The designation "C.M.A.C." indicates that it is a cooperative authorized to provide multiple services including savings, credit, consumption, production, and other services to its members.

As a cooperative, Arecaya operates under the democratic principle of one member, one vote, and is structured to serve the financial and social needs of its associates. The institution is registered with and supervised by INCOOP (Instituto Nacional de Cooperativismo), Paraguay's national cooperative regulatory authority.

Question 2

When was Arecaya Ltda. C.M.A.C. founded?

Accepted Answer

[Information not publicly available]. The specific founding date of Arecaya Ltda. C.M.A.C. has not been disclosed in publicly accessible records. The cooperative appears in INCOOP's recent regulatory documentation from 2024, indicating it is a relatively new or recently registered entity within Paraguay's cooperative sector.

Question 3

Where is Arecaya Ltda. C.M.A.C. headquartered?

Accepted Answer

[Information not publicly available]. The specific headquarters location of Arecaya Ltda. C.M.A.C. within Paraguay has not been disclosed in publicly accessible sources.

Question 4

Where does Arecaya Ltda. C.M.A.C. operate?

Accepted Answer

Arecaya Ltda. C.M.A.C. operates in Paraguay, serving members within the local community or region where it is established. As a cooperative registered with INCOOP, it operates under Paraguayan cooperative law and is subject to the regulations established by Law N° 438/94 (the Cooperatives Law) and Law N° 2.157/03, which regulates INCOOP's functioning.

The specific geographic scope of its operations within Paraguay has not been publicly disclosed.

Question 5

What services does Arecaya Ltda. C.M.A.C. offer?

Accepted Answer

As a multi-activity savings and credit cooperative (C.M.A.C.), Arecaya is structured to offer a range of financial and social services to its members, which typically include:

Financial Services:
• Savings accounts and deposit products
• Consumer and personal loans
• Credit facilities for members
• Potentially production financing

Member Services:
• Social programs for associates
• Educational initiatives in cooperative principles
• Community development activities

The exact portfolio of services offered has not been publicly disclosed. All services are provided on a member-owned, member-governed basis consistent with cooperative principles.

Question 6

What makes Arecaya Ltda. C.M.A.C. unique?

Accepted Answer

Arecaya Ltda. C.M.A.C. operates under Paraguay's distinctive cooperative framework, which emphasizes democratic governance, member participation, and social responsibility. As a cooperative, it is unique in that:

Democratic Structure: Each member has one vote regardless of capital contribution, ensuring equal participation in governance decisions.

Regulatory Oversight: The institution operates under INCOOP supervision, which implements a comprehensive regulatory framework including risk classification systems, capital requirements, and quality standards specific to cooperatives.

Not-for-Profit Orientation: Surpluses are distributed according to member usage of services rather than capital contributions, with mandatory allocations to reserve funds and cooperative development.

Community Focus: The cooperative model emphasizes serving member needs over profit maximization, contributing to financial inclusion in Paraguay.

Question 7

What type of financial institution is Arecaya Ltda. C.M.A.C.?

Accepted Answer

Arecaya Ltda. C.M.A.C. is classified as a Cooperativa Multiactiva de Ahorro y Crédito (Multi-activity Savings and Credit Cooperative) under Paraguayan law. This classification places it within Paraguay's cooperative financial sector.

Cooperatives in Paraguay are distinct from commercial banks and are regulated specifically under cooperative law (Law 438/94 and Law 2.157/03) rather than general banking legislation. They are supervised by INCOOP rather than the Central Bank of Paraguay.

Paraguayan cooperatives are classified by type (A, B, or C) based on asset size, with Type A being the largest institutions with assets exceeding 50 billion Guaraníes, Type B having assets between 5 billion and 50 billion Guaraníes, and Type C having assets below 5 billion Guaraníes. The specific typification of Arecaya has not been publicly disclosed.

Cooperatives operate under principles of autonomy, democratic member control, economic participation of members, and concern for community, as established in Paraguay's Constitution (Article 113) which guarantees cooperatives free organization and autonomy.

Arecaya Ltda. C.M.A.C.

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About Arecaya Ltda. C.M.A.C. in Paraguay