Question 1

What is Cristo Rey Ltda.?

Accepted Answer

Cristo Rey Ltda. is a multiactive savings and credit cooperative (Cooperativa Multiactiva de Ahorro y Crédito y Servicios - C.M.A.C.S.) operating in Paraguay. The cooperative provides financial services to its members through the cooperative model, which emphasizes mutual assistance, democratic governance, and community service.

Operating under the supervision of INCOOP (Instituto Nacional de Cooperativismo), Cristo Rey Ltda. serves as a member-owned financial institution focused on meeting the savings and credit needs of its participants. The cooperative is part of Paraguay's extensive network of financial cooperatives.

Question 2

When was Cristo Rey Ltda. founded?

Accepted Answer

[Information not publicly available]

The cooperative is named "Cristo Rey" (Christ the King), a name commonly used by Catholic-affiliated institutions throughout Latin America. This suggests the cooperative may have origins connected to Catholic social teaching or church community organization.

The cooperative appears in INCOOP regulatory documents from 2024, confirming its active operational status. Paraguay's cooperative movement has strong historical ties to religious and community organizations that promoted mutual assistance and financial inclusion.

Question 3

Where is Cristo Rey Ltda. headquartered?

Accepted Answer

[Information not publicly available]

The cooperative operates in Paraguay under INCOOP supervision and regulation, but specific headquarters location is not disclosed in publicly available sources.

Question 4

Where does Cristo Rey Ltda. operate?

Accepted Answer

Cristo Rey Ltda. operates in Paraguay, serving members within its designated operational territory. Paraguayan cooperatives typically define their service areas based on geographic communities, professional groups, or common bond criteria established in their charters.

Paraguay's cooperative sector includes over 650 active institutions distributed throughout the country, with significant presence in both urban centers and rural areas. Cooperatives provide essential financial services in regions where traditional banking infrastructure may be limited.

Question 5

What services does Cristo Rey Ltda. offer?

Accepted Answer

As a multiactive savings and credit cooperative (C.M.A.C.S.), Cristo Rey Ltda. provides:

Savings Services: Members can open savings accounts to deposit funds securely and earn returns on their contributions. Savings participation establishes membership and provides access to other cooperative services.

Credit Services: The cooperative offers loans to members for various purposes including personal needs, business development, agricultural investment, housing, and consumption. Loan terms are designed to be accessible and responsive to member circumstances.

Additional Cooperative Services: As a multiactive cooperative, Cristo Rey Ltda. may offer supplementary services such as consumption goods, insurance products, financial education, or other member benefits common in Paraguay's cooperative sector.

Information about digital banking services is not publicly available.

Question 6

What makes Cristo Rey Ltda. unique?

Accepted Answer

Cristo Rey Ltda. operates within Paraguay's distinctive cooperative ecosystem, which represents a significant component of the country's financial sector. The cooperative model provides an alternative to traditional commercial banking, emphasizing member service over profit maximization.

The Cristo Rey name reflects a tradition common throughout Latin America, where religious values of solidarity, mutual assistance, and community service are integrated into cooperative principles. This heritage influences the cooperative's approach to member relations and community engagement.

Paraguayan cooperatives operate through democratic governance structures where each member has equal voting rights regardless of their financial contribution. This ensures that institutional decisions reflect the collective interests of the membership.

Question 7

What type of financial institution is Cristo Rey Ltda.?

Accepted Answer

Cristo Rey Ltda. is a cooperativa multiactiva de ahorro y crédito y servicios (C.M.A.C.S.), a multiactive savings and credit and services cooperative. This is a recognized category of financial institution in Paraguay's cooperative sector.

Cooperatives in Paraguay are member-owned organizations that operate according to international cooperative principles including voluntary membership, democratic member control, member economic participation, autonomy and independence, education and training, cooperation among cooperatives, and concern for community.

The cooperative sector in Paraguay is supervised by INCOOP, which establishes regulatory standards, classification criteria (Types A, B, and C based on assets), and transparency requirements. Cooperatives must submit regular financial reports and maintain compliance with INCOOP regulations to preserve their active status and member trust.

Cristo Rey Ltda.

in Paraguay 🇵🇾

Crypto-Friendliness

All done!

About Cristo Rey Ltda. in Paraguay