Question 1

What is Cooperativa Portuaria?

Accepted Answer

Cooperativa Portuaria is a multiactive financial cooperative based in Asunción, Paraguay. It is a member-owned cooperative that provides savings, credit, consumer, production, and service solutions to public and private sector employees in its area of influence. The institution operates under the cooperative principles of solidarity and mutual aid, serving its members and their families with a commitment to social welfare and community development.

Registered with INCOOP (Instituto Nacional de Cooperativismo) under registration number 293, Cooperativa Portuaria is supervised by Paraguay's national cooperative institute.

Question 2

When was Cooperativa Portuaria founded?

Accepted Answer

Cooperativa Portuaria was founded on August 6, 1993. The institution received its legal status through Executive Decree No. 3139 dated August 14, 1994, and was officially registered with INCOOP under Resolution No. 12 on February 16, 1998.

The cooperative was established to provide accessible financial services and promote economic development among port workers and other public and private sector employees in the Asunción area. Since its founding, the institution has grown to serve its community for over 30 years, celebrating 29 years of service as of 2024.

Question 3

Where is Cooperativa Portuaria headquartered?

Accepted Answer

Cooperativa Portuaria is headquartered in Asunción, the capital city of Paraguay. The institution's main office is located at the intersection of Montevideo and Playa streets in Asunción, positioning it strategically within the city's commercial and port zone.

Question 4

Where does Cooperativa Portuaria operate?

Accepted Answer

Cooperativa Portuaria operates primarily in Asunción and its surrounding metropolitan area. The cooperative's zone of influence includes the capital city where it serves public and private sector employees, with a particular focus on serving communities connected to the port and commercial sectors in the Asunción region.

As a community-based financial cooperative, its operations are concentrated within the Central Department of Paraguay.

Question 5

What services does Cooperativa Portuaria offer?

Accepted Answer

Cooperativa Portuaria offers a comprehensive range of financial services as a multiactive cooperative:

Savings Products: The cooperative provides various savings accounts including sight deposits and term deposits that generate interest for members.

Credit Services: Members can access different types of loans for personal, business, and consumer purposes with competitive interest rates and flexible repayment terms.

Consumer Services: The institution offers consumer financing to help members acquire goods and services for their households.

Production and Business Support: As a multiactive cooperative, it provides financing for production activities and small business development.

Additional Services: The cooperative offers roadside assistance programs, including towing services, battery assistance, tire changes, fuel delivery, and ambulance services for members.

Digital Services: Members can access account information and services through the cooperative's official website.

Question 6

What makes Cooperativa Portuaria unique?

Accepted Answer

Cooperativa Portuaria distinguishes itself through its commitment to the cooperative values of solidarity and mutual support. The institution's tagline "Solidaria como vos" (Solidarity like you) reflects its people-centered approach to financial services.

The cooperative focuses on serving public and private sector employees in the Asunción port zone and surrounding areas, maintaining close ties with the community it serves. Its emphasis on agile service delivery and quality customer care, combined with competitive human talent operating within cooperative principles, sets it apart from traditional banking institutions.

The institution's longevity of over 30 years demonstrates sustained commitment to its members' financial well-being and economic development.

Question 7

What type of financial institution is Cooperativa Portuaria?

Accepted Answer

Cooperativa Portuaria is classified as a Cooperativa Multiactiva de Ahorro, Crédito, Consumo, Producción y Servicios (Multiactive Cooperative of Savings, Credit, Consumption, Production, and Services) in Paraguay's financial system. In its official designation, it is registered as "PORTUARIA Ltda. C.M.A.C.Con.P.S."

As a Type A credit cooperative under Paraguayan cooperative law, it is a member-owned financial institution supervised by INCOOP. Unlike traditional banks, cooperatives in Paraguay operate on the principle of one member, one vote, and prioritize social objectives alongside financial sustainability. The multiactive designation means it can engage in multiple cooperative activities beyond just savings and credit, including production support and various member services.

This cooperative structure allows it to serve members who might not have access to traditional banking services while maintaining a strong focus on community development and financial inclusion.

Cooperativa Portuaria

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About Cooperativa Portuaria in Paraguay