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[BUSINESS] · Dominican Republic · 8 sources

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COOPNAMA to distribute RD$7.16 billion in surpluses to members

The Cooperativa Nacional de Servicios Múltiples de los Maestros (COOPNAMA) has approved the distribution of surpluses for the 2025 fiscal year, totaling RD$7,161,385,774. The decision was made during the organization’s 55th Ordinary General Assembly of Delegates, attended by representatives from 322 cooperative districts across the country.

Santiago Portes, President of the Board of Administration, highlighted recent institutional growth, including the expansion of service offices to eight locations following new openings in Hato Mayor, Peravia, Moca, and Samaná. Portes emphasized that the institution aims to go beyond financial services by focusing on humanitarian aid and the general welfare of its members.

General Manager Lucas Figueroa Lapay also addressed the assembly, acknowledging the essential role of delegates in the cooperative’s management and development.

Entities

Cooperativa Nacional de Servicios Múltiples de los Maestros · Lucas Figueroa Lapay · Santiago Portes