Santo Domingo.- The National Cooperative of Multiple Services of Teachers (Coopnama), announced the delivery of its traditional Christmas savings, a program established with the interest of ensuring that the institution's members can enjoy extra resources at the end of the year to ensure, through this deposit, more organized, peaceful, and happy Christmases for its associates.
This special savings plan is a service that allows members of the Teachers' Cooperative to save part of their salary easily and comfortably to cover expenses or additional investments at the end of the year, alleviating the economic burdens that occur at this time.
On this occasion, more than 121 thousand associates will receive more than 1.9 billion pesos in their accounts for this concept.
The Chairman of the Board of Directors, Professor Santiago Portes, reported that the institution is committed to creating policies that benefit the educational community and its associates, highlighting that Navicoop is one of the most significant due to the reason it is directed towards.
He urged everyone to continue cultivating the habit of this saving. "We already have 200,000 members throughout the national territory, Coopnama is the leading institution and is an example within the national cooperative sector and with an international projection," Portes highlighted.
The president of Coopnama took the opportunity to send a message of reflection on the occasion of these festivities to the associates and the people in general “May this Christmas be different, may we spend it united and in the love of God. May these dates inspire us to be sensitive, more just, more supportive, more united, may we continue to build a future with respect, dignity and human commitment”, he expressed.
In the month of September, the cooperative entity held its Fifty-fourth Ordinary General Assembly of Delegates where the representatives of the cooperative districts approved the distribution of the 2024 surpluses, which amounted to 6 billion 240 million 729 thousand 268 pesos.
The surpluses were distributed among the concepts of distribution to associates, sustainability and institutional development, improvement in services, donations and solidarity, social responsibility, scholarships for university studies. As well as other concepts such as protection and conservation of the environment, reserves for contingencies, promotion of entrepreneurship and innovation, among other contributions.
During his statements, President Portes was accompanied by the presidents of the Supervisory Board and the Credit Committee, professors Francisco Santana and José Fabio Duran, respectively.
In addition, the secretary and treasurer of the Board of Directors, professors Felicia Contreras and Zoila Flor Mateo; as well as the general manager, Prof. Lucas Figueroa Lapay and other members of the social and administrative governing bodies.
Purpose of Navicoop:
The Christmas Savings allows the member of Coopnama to authorize discounts from RD$200 onwards directly from their payroll. These savings generate an annual interest of 12% (1% monthly), not capitalized.
The institution's members receive Christmas savings plus interest during the month of December each year, and it is an automatically renewable service.








