Transparency
Clear rules. Your money, always yours.
At COOPACSOL there is no fine print. We are a cooperative regulated by IDECOOP: every rate, every cost and every decision is explained clearly to our members.
Our regulator
What is IDECOOP and what does it mean for you?
The Institute for Cooperative Development and Credit (IDECOOP) is the Dominican State body that promotes, regulates and supervises every cooperative in the country. Its role is to ensure each cooperative operates with solvency, transparency and responsibility toward its members.
Promotes
Drives cooperativism as an engine of local economic development.
Regulates
Sets the rules every cooperative must follow.
Supervises
Ensures we operate with solvency and for the benefit of members.
+800
cooperatives registered with IDECOOP in the Dominican Republic
What does being supervised mean?
- ✓We are formally registered as a cooperative with the Dominican State.
- ✓We report our financial and management situation periodically.
- ✓We operate under democratic governance: one member, one vote.
- ✓Surplus is reinvested for the benefit of members, not shareholders.
No surprises
What it costs to become a member, in detail
To join you bring RD$2,500. But only RD$500 is a real cost: the rest stays as your own money inside the cooperative.
RD$500
Membership fee
Only real cost · makes you a member
RD$1,000
✓Initial deposit
Stays in your account · it's yours
RD$1,000
✓Capital contribution
Makes you a co-owner · it's yours
Governance
A cooperative belongs to its members, not to shareholders
One member, one vote
Your voice counts the same as any other member's, no matter how much you contribute.
General Assembly
The highest authority is the members gathered in assembly.
Reinvested surplus
Profits return to members and the community.
Shared ownership
When you join, you become a co-owner of the cooperative.
In practice
How we apply transparency every day
- ✓We publish the real rates for loans, certificates and savings.
- ✓Visible transaction history and alerts for every operation.
- ✓Clear conditions on every product, with no hidden clauses.
- ✓Support in Spanish, English and Italian to explain everything.
Questions about how we work?
Write to us and we'll explain any condition in detail before you decide.
Get in touch