History:
During the month of June 1980, 27 officials of the Quindío Sectional Health Service drew up an Act of Incorporation of the Multioctave Employees’ Savings and Credit Cooperative, COMSALUD LTDA, obtaining its legal status number 0034 from the now defunct DANCOOP, on January 14, 1981.
Under this corporate name, the services of the Cooperative were extended to the employees of the public hospitals of the Department and later, in 1995, to the servants of the Municipality of Armenia, being the first Entity outside the Health Sector to sign an agreement for the signing of libraries with COMSALUD.
The creation of the public I.P.S. as a result of Law 100 of 1993 confused the COMSALUD Cooperative with one of these companies. Its corporate name became the main limitation to extending services to other sectors. These reasons led to the modification of the Articles of Association on March 26, 1997, the date on which the General Assembly of Delegates approved the corporate name of Cooperative Financier del Quindío, COOFIQUINDÍO and subsequently, on October 1, 1999, a new change of name to Cooperative de Choro y Creditor del Quindío COOFIQUINDÍO.
Given the financial capacity and the need to extend its essential services at the national level, a brand study is carried out with specialized firms, which recommend the change of name for a more general one and not related to a specific region, in order not to generate resistance in the different departments in which agencies would be installed.
The argument presented in the preceding paragraph motivated the change of company name from COOFIQUINDÍO to AVANZA – National Savings and Credit Cooperative.
It is important to state that despite the name change, its same corporate purpose and legal personality are preserved, a situation that has been widely known by the Associates, who have gladly accepted the change in BRAND and its Corporate image. AVANZA currently has more than 15,500 Associates and more than 50,000 Beneficiaries to whom it provides excellent Savings, Credit and Social Welfare services, through its 6 Agencies in the department of Quindío, Norte del Valle, Risaralda, Caquetá and Huila.
Services:
To offer the best savings and credit services to its members and welfare programs for them and their families, generating socially responsible actions that benefit the community where the cooperative carries out its activities.
Vision:
AVANZA, upon completing its 50th anniversary of legal existence, will be located in first place in the Coffee Region by the size of Assets, Portfolio of Loans and Deposits, based on an attractive portfolio of services, technological innovation and commercial efficiency.
About Cooperatives and .coop
The global Cooperative community has more than 1 billion members, representing 12% of the world’s employed population. All Cooperatives verify their identity when selecting a .coop web address. Your unique business identity is recognized online with a .coop domain name – your digital brand – a brand known for its economic advantages to its community, consumers, and members.
If you would like your cooperative featured, click on this link to submit your story.
Visit Avanza on social media: