Question 1

What is COOPRONORT Ltda.?

Accepted Answer

COOPRONORT Ltda. (Cooperativa Multiactiva de Producción, Ahorro y Crédito y Servicios Ltda.) is a multiactivity cooperative operating in Paraguay. As a multiactiva cooperative, COOPRONORT combines multiple service areas including agricultural production, savings and credit services, and general member services.

The cooperative is part of Paraguay's robust cooperative sector, which represents 11.7% of the country's financial-banking sector and serves 1.8 million members—accounting for 51% of the economically active population. COOPRONORT is registered with INCOOP (Instituto Nacional de Cooperativismo), Paraguay's National Cooperative Institute, which regulates and supervises all cooperatives in the country.

Question 2

When was COOPRONORT Ltda. founded?

Accepted Answer

[Information not publicly available]

While specific founding details are not available, COOPRONORT appears in official INCOOP registry documents from the 2010s, indicating it has been an established cooperative for over a decade.

Question 3

Where is COOPRONORT Ltda. headquartered?

Accepted Answer

[Information not publicly available]

The specific headquarters location for COOPRONORT Ltda. has not been publicly disclosed. However, based on its registration with INCOOP, the cooperative operates within Paraguay under the regulatory framework established by Law No. 438/94, which governs the constitution, organization, and functioning of cooperatives in Paraguay.

Question 4

Where does COOPRONORT Ltda. operate?

Accepted Answer

COOPRONORT Ltda. operates within Paraguay, serving its member-owners in local communities. As a multiactivity cooperative focused on production, savings, and credit services, COOPRONORT likely serves rural and agricultural communities, consistent with the operational model of similar cooperatives in Paraguay.

Paraguay's cooperative sector is particularly strong in rural areas, where cooperatives provide essential financial services and support agricultural production. The cooperative movement in Paraguay has significant impact on agricultural production, with cooperatives producing 72% of the country's milk exports and 24% of meat exports.

Question 5

What services does COOPRONORT Ltda. offer?

Accepted Answer

As a multiactivity cooperative (Cooperativa Multiactiva), COOPRONORT Ltda. offers an integrated range of services across several key areas:

Production Services: Support for agricultural and industrial production activities, including access to inputs, technical assistance, and commercialization support for member producers.

Savings Services: Various savings products allowing members to accumulate capital, including regular savings accounts and potentially term deposit accounts with competitive interest rates.

Credit Services: Loan products designed to meet members' needs, including agricultural financing, consumer credit, and productive loans for small enterprises. Credit services follow INCOOP's regulatory framework regarding interest rates and lending practices.

General Services: Additional member services that may include education, capacity building, and other cooperative benefits designed to improve members' economic and social welfare.

Question 6

What makes COOPRONORT Ltda. unique?

Accepted Answer

COOPRONORT Ltda. embodies the distinctive cooperative model that has made Paraguay a "cooperative giant" in Latin America. Several features distinguish the cooperative:

Multi-service Integration: By combining production, savings, credit, and services under one cooperative structure, COOPRONORT provides comprehensive support to its members, addressing multiple aspects of their economic lives.

Democratic Governance: Following Paraguay's cooperative law, each member has one vote regardless of capital contribution, ensuring democratic decision-making and member-focused operations.

Community Focus: As a member-owned institution, COOPRONORT operates on cooperative principles, distributing surplus (returns) proportionally to members based on their use of services rather than capital ownership.

Regulatory Compliance: COOPRONORT operates under the supervision of INCOOP, ensuring adherence to financial standards, reporting requirements, and governance practices that protect member interests.

Question 7

What type of financial institution is COOPRONORT Ltda.?

Accepted Answer

COOPRONORT Ltda. is classified as a Cooperativa Multiactiva (Multiactivity Cooperative) under Paraguayan law. This is a specific cooperative type recognized in Paraguay that combines multiple service areas within a single cooperative structure.

In the Paraguayan financial system, multiactivity cooperatives are distinct from specialized cooperatives and represent institutions that can simultaneously engage in production activities, provide savings and credit services, and offer other member services. They operate under Law No. 438/94 on Cooperatives and are regulated by INCOOP (National Institute of Cooperativism).

Unlike traditional banks, cooperatives in Paraguay are member-owned, democratically controlled institutions where surplus is distributed based on member participation rather than capital investment. They follow the principle of "one member, one vote" and maintain irrepartible reserve funds that cannot be distributed among members but remain as collective cooperative capital.

As a multiactivity cooperative, COOPRONORT serves both as a financial services provider and as a production support organization, making it an integral part of Paraguay's social economy and rural development infrastructure.

COOPRONORT Ltda.

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About COOPRONORT Ltda. in Paraguay