Cooperativism
What does it mean to be part of a cooperative?
A cooperative is owned by its members, not by shareholders. Profits are reinvested in benefits for members and the community. Decisions are democratic: your voice counts the same as any other member's.
What is IDECOOP
The Institute for Cooperative Development and Credit is the Dominican state body that regulates, supervises and promotes cooperativism. It ensures all cooperatives operate with transparency, solvency and responsibility towards their members. The Dominican Republic has more than 800 registered cooperatives.
15+
Nationalities among our members
3
Offices: Bayahibe, Dominicus and Bávaro
2019
Founded and regulated by IDECOOP
6-10%
Financial certificate returns
The 7 cooperative principles
Voluntary and open membership
Anyone can become a member, without discrimination.
Democratic governance
One member, one vote. Decisions are made in assembly.
Economic participation
Members contribute capital and share the surplus.
Autonomy and independence
The cooperative is controlled by its members.
Education and information
We train members and community in finance and cooperativism.
Cooperation among cooperatives
We work in network with the cooperative movement.
Concern for community
Sustainable development of our communities.
Community commitment
Our community in action
Real moments from our camps and community activities.
COOPACSOL team with community children at Bayahibe beach
COOPACSOL volunteer sharing with a girl at a camp
Inclusive COOPACSOL community activity at the beach
Snack with the kids during a COOPACSOL camp
COOPACSOL volunteer playing with a girl in the sand
COOPACSOL team and community on an inclusive beach day
Concert at the Tracadero sponsored by COOPACSOL
COOPACSOL at the Bayahibe Run
COOPACSOL branch in Bávaro · Punta Cana
Benefits of membership
- ✓Your contribution makes you co-owner of the cooperative
- ✓Fair loan rates and competitive certificate returns
- ✓Voice and vote in the members' assembly
- ✓Personal support in Spanish, English, Italian and Czech
- ✓International community: members of more than 15 nationalities
RD$500
Becoming a member takes only 20-30 minutes. You bring RD$2,500: only RD$500 is the affiliation fee — the other RD$2,000 remains your money (RD$1,000 minimum deposit and RD$1,000 capital contribution).
Become a member today