Question 1

What is ASTREA Ltda.?

Accepted Answer

ASTREA Ltda. is a multiactive cooperative registered in Paraguay under the full designation "ASTREA Ltda. C.M.A.C.S." (Cooperativa Multiactiva de Ahorro, Crédito y Servicios). This type of cooperative financial institution combines savings, credit, and services functions to serve its member base.

As a cooperative entity, ASTREA operates under the regulatory framework of the Instituto Nacional de Cooperativismo (INCOOP), Paraguay's national cooperative authority. The institution is part of Paraguay's extensive cooperative sector, which has historically played a significant role in providing financial services to communities throughout the country.

Question 2

When was ASTREA Ltda. founded?

Accepted Answer

[Information not publicly available]

Question 3

Where is ASTREA Ltda. headquartered?

Accepted Answer

The specific location of ASTREA Ltda.'s headquarters in Paraguay is not publicly available. As a smaller cooperative institution, it likely operated at a local or regional level within the country.

Question 4

Where does ASTREA Ltda. operate?

Accepted Answer

ASTREA Ltda. operates within Paraguay. The specific geographic coverage area within the country is not publicly disclosed, though smaller cooperatives in Paraguay typically serve specific communities, municipalities, or regional areas.

Question 5

What services does ASTREA Ltda. offer?

Accepted Answer

As a multiactive cooperative of savings, credit, and services (C.M.A.C.S.), ASTREA Ltda. was structured to offer:

Savings Services: Deposit accounts and savings programs for cooperative members.

Credit Services: Loan products tailored to member needs, potentially including personal loans, microfinance, and other credit facilities.

Additional Services: Various cooperative services that may include consumer services, member benefits, and community programs.

It should be noted that the institution does not maintain a public website, which may indicate limited operations or inactive status.

Question 6

What makes ASTREA Ltda. unique?

Accepted Answer

ASTREA Ltda. represents the cooperative financial model prevalent in Paraguay, where member-owned institutions prioritize serving their communities over profit maximization. The cooperative structure means that members are simultaneously owners and clients of the institution.

The multiactive designation (C.M.A.C.S.) indicates a broader scope than single-purpose cooperatives, allowing the institution to address multiple financial and service needs of its membership within a single organizational structure.

Question 7

What type of financial institution is ASTREA Ltda.?

Accepted Answer

ASTREA Ltda. is classified as a Cooperativa Multiactiva de Ahorro, Crédito y Servicios (Multiactive Cooperative of Savings, Credit, and Services) under Paraguayan law.

This institutional type is distinct from traditional banks in Paraguay. Cooperatives operate under the Ley N° 438/1994 (Law of Cooperatives) and are regulated by INCOOP rather than the Banco Central del Paraguay (Central Bank), which oversees commercial banks.

Cooperatives in Paraguay follow democratic governance principles where each member has one vote regardless of their capital contribution. They are categorized by INCOOP into types (A, B, or C) based on asset size and membership, with Type A being the largest institutions.

The cooperative structure emphasizes member service, community development, and mutual assistance over profit generation for external shareholders.

ASTREA Ltda.

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About ASTREA Ltda. in Paraguay