CREDIT UNIONS IN BOLIVIAIn Bolivia credit unions are called cooperativas de crédito and can be found all over the country, even in small towns where banks have not placed full bank branches. Most cooperativas are connected to the ATM network in the country and function nearly the same as banks. However, their interest rates are higher for both deposits and loans as they typically extend credit to people who may not otherwise qualify for credit at large banks. Just be aware of the difference between a utilities coop (water, electricity) and a credit coop (cooperativa de crédito). There are many types of cooperativas (artisans coops, farmers coops, and coops for other industries like mining) in Bolivia. Below I've listed two of the country's largest: Jesus Nazareno and El Buen Samaritano. There are many others, but these two have offices in many parts of Bolivia whereas most others tend to be local. However, you can also look for names such as Gran Grigotá, Intercoop, La Merced, Fátima, San Gabriel, San Luis and many others. www.jesus-nazareno.coop COOPERATIVA SAN MARTIN DE PORRES www.coopsanmartin.com COOPERATIVA EL BUEN SAMARITANO http://www.coopsamaritano.com.bo/historia.htm Return from Credit Unions to Banking           Custom Search
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