Cootrapeldar

What Cootrapeldar does

COOTRAPELDAR is a Colombian savings and credit cooperative (Cooperativa de Ahorro y Crédito) founded in 1960 by 30 workers from the glass industry. It serves more than 25,000 active members through 7 offices distributed across 6 municipalities of the Sabana Centro subregion in the department of Cundinamarca, with 51–200 employees. The entity operates under the solidarity-economy framework and is supervised by the Superintendencia de Economía Solidaria, with member deposits insured by Fogacoop.

The cooperative runs a closed-loop financial services platform that combines savings instruments (sight savings, programmed savings, CDATs, children's savings) with a diversified consumer and SME credit portfolio covering free investment, revolving, housing, education, and business loans. It layers non-financial lines on top — voluntary insurance, prepaid medicine, and funeral plans — and routes cooperative education through the BIRU platform. The technology backbone is an Odoo-based ERP, surfaced to members through dedicated digital channels: the Cootrapeldar Digital app, Sucursal Online, Crédito Digital, and Multiportal.

The business model is membership-driven: revenue is generated from member capital contributions, net interest on the credit book, and fees on insurance, prepaid medicine, funeral plans, and alliance-based services. Member acquisition is anchored by payroll-deduction (libranza) agreements with more than 20 employers and reinforced by commercial alliances with Renault, Vialcar, Primax, UNAD, and ANDAP, as well as a TAVA shared-card arrangement with other cooperatives established in 2004. The pricing model combines minimum monthly contribution quotas (in the COP $52,000–$174,000 range) with interest-rate-based credit terms and alliance-driven discounts.

Name

Cootrapeldar

Legal name

Cooperativa de Ahorro y Crédito de Trabajadores de Peldar y Otros de Colombia COOTRAPELDAR

Website

https://cootrapeldar.coop

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

51–100 employees

Short description

COOTRAPELDAR is a Colombian savings and credit cooperative founded in 1960, serving more than 25,000 members through 7 offices across 6 municipalities of Sabana Centro, Cundinamarca, with diversified savings, credit, insurance, and digital financial services.

Ownership category

akta.pro rank

Headquarters

HQ city

Zipaquirá

HQ country

Colombia

HQ region

Latin America

Offices7 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income from Credit Portfolio: Primary revenue stream from interest charged on various credit products including libre inversión, vivienda, educación, empresarial, and seasonal loans. Rates published in regulatory tariff schedules.
2. Savings Deposits and Share Capital: Members make regular contributions (aportes sociales) and maintain savings accounts. Minimum monthly contributions range from $52,000 to $174,000 based on income bracket. Minimum savings account opening: $20,000.
3. Administrative and Transaction Fees: Revenue from account management, transaction processing, and service fees across physical and digital channels.
4. Insurance and Prepaid Medicine Distribution: Commissions from distribution of prepaid medicine, insurance, and funeral plan products through commercial alliances with Seguralia, Colsanitas, AXA Colpatria, Coomeva, Los Olivos, and Previvir.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

Cootrapeldar is a Colombian savings and credit cooperative that provides its associates with savings products (on-demand savings, programmed savings, CDAT term certificates, children's savings), credit products (personal, housing, education, business, revolving, and seasonal loans), and complementary services including insurance distribution, prepaid medicine plans, funeral plans, solidarity assistance, and commercial alliance discounts. Distribution combines 7 physical branch offices across 6 municipalities with digital channels including the Cootrapeldar Digital mobile app, Sucursal Online web portal, and payroll deduction partnerships with 20+ employers.

Product overview

Cootrapeldar is a savings and credit cooperative offering a unified financial services platform with multiple core products and digital channels. The product portfolio centers on savings products (Ahorro a la Vista, Ahorro Programado, CDAT, and children's savings), credit products (personal, housing, education, business, and seasonal loans), and insurance services (life, health, funeral plans). The ecosystem includes digital services like the Cootrapeldar Digital app, Sucursal Online, and Multiportal for account management and payments. The cooperative also provides solidarity assistance programs, educational resources through the children's zone, and payroll deduction agreements with employer partners.

Differentiator

Problem solved

Functional benefit

Brands

• Cootrapeldar Digital: Digital banking platform and mobile app for associates to access savings, credit, and other financial services online.
• Cootrapeldar Educa

Products and services

• Ahorro a la Vista (On-Demand Savings) Immediate-access savings account with biometric authentication (fingerprint), no commission fees, and digital transaction capabilities via the online branch and debit card, available to cooperative associates.
• Ahorro Programado (Programmed Savings) Goal-based savings product with minimum monthly deposits of $52,000 COP, terms from 6 to 24 months, designed for travel, housing, furniture, and education goals.
• CDAT (Certificado de Depósito de Ahorro a Término) Term savings certificate with competitive interest rates, terms of 30, 60, 90, 180, and 365 days, with minimum opening amount of $300,000 COP.
• Ahorro Programado Infantil (Children's Programmed Savings) Children's savings program with minimum monthly deposits of $10,000 COP, favorable interest rates, and educational resources through the children's zone.
• Crédito Libre Inversión (Free Investment Loan) Personal and professional project financing for associates with maximum term of 84 months and up to 84 SMMLV.
• Crédito Rotativo (Revolving Credit) Revolving credit line accessible 24/7 via debit card for personal expenses, with maximum term of 36 months and up to 10 SMMLV.
• Crédito Contraprima Cash advance on upcoming bonus for workers, with immediate disbursement, maximum term of 6 months and up to 50% of SMMLV.
• Crédito Vivienda (Housing Loan) Housing loans for purchase of new or used property, construction, lot purchase, and home improvements with terms up to 144 months.
• Crédito Educación (Education Loan) Education financing for the associate, spouse, or children for higher education studies with maximum term of 24 months and up to 20 SMMLV.
• Credifuturo Student loan for undergraduate, postgraduate, technical, technological studies and extension courses with maximum term of 60 months.
• Crédito Empresarial (Business Loan) Business credit for working capital, asset investment, and locative improvements for non-profit organizations and solidarity economy enterprises with terms up to 84 months.
• Crediyá Exclusive debit card credit for associates under payroll deduction agreements, with maximum term of 36 months and up to 1 SMMLV.
• Apoyando Sueños Credit line for young people and entrepreneurs to build credit history without requiring co-maker, backed by Fondo Nacional de Garantías (FNG), with maximum term of 60 months and up to 6 SMMLV.
• Crédito Navideño (Christmas Loan) Seasonal credit product for holiday expenses with interest rate of 1.4% monthly nominal, maximum term of 24 months and up to 3 SMMLV.
• Crédito Digital Digital credit for employees and pensioners with maximum amount of $8,000,000 COP and terms up to 60 months, originated through a digital channel.
• Auxilio de Solidaridad (Solidarity Assistance Program) Economic assistance program for associates including dental, eyewear, hospitalization, terminal illness, moderate fees, and funeral plan benefits based on seniority.
• Seguros (Insurance Distribution) Insurance products including general insurance, life insurance, workers' compensation, and risk management administered through partner Te Aseguramos, with portfolios from Colsanitas, AXA Colpatria, and Coomeva.
• Medicina Prepagada (Prepaid Medicine) Prepaid health plans and home health services offered to associates through partners Colsanitas, AXA Colpatria, Coomeva, and Colmédica.
• Plan Exequial (Funeral Plan) Funeral and end-of-life planning services offered through partners Los Olivos and Previvir Exequial with national coverage.
• Cootrapeldar Digital (Mobile and Web App) Mobile and web application for 24/7 access to savings, credit, payments, and account management services for cooperative associates.
• Sucursal Online (Online Branch) Online branch platform for account consultation, data updates, payments, credit requests, and certificate downloads accessible to associates via web browser.
• Portal Natural Multiportal Multiportal platform for transfers, bill payments, cardless Servibanca ATM withdrawals, and BRE-B instant transfers operated through Red Coopcentral.
• Zona Infantil (Children's Educational Zone) Children's educational zone teaching savings concepts through interactive stories, games, and learning materials for young cooperative members.
• Cootrapeldar Educa Virtual learning platform (BIRU-based) for cooperative education courses, including Introduction to Cooperative World, offered free to cooperative members.
• Convenio Libranza (Payroll Deduction Program) Payroll deduction agreements with over 20 employer companies enabling direct credit payments and salary-linked savings contributions for employees of those organizations.

Quantifiable outcome

• 25,000+ active members served
• +4 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature5 records

Partnerships

21 partnerships are on record, tiered core and minor.

• Sincromotos RenaultcoreGTM or Marketing PartnerRenault automobile dealership providing 2-3% discounts on various vehicle models (KWID, Logan, Stepway, Duster, Oroch, Kangoo, Trafic, Master, Kardian, Arkana) exclusively for COOTRAPELDAR members. Located in Zipaquirá-Cajicá area.
• Vialcar SAScoreGTM or Marketing PartnerAutomobile and motorcycle driving school with locations in Zipaquirá and Tocancipá. Offers preferential rates on driving courses (A1: $680,000-$750,000, B1: $880,000-$950,000, C1: $1,080,000-$1,200,000). Exclusive $200,000 medical exam rate for license renewal for taxi/bus drivers.
• EDS LIBERTADOR PRIMAXcoreGTM or Marketing Partner60+ year fuel station in Zipaquirá offering exclusive $150 COP discount per gallon for COOTRAPELDAR members. Invoice must include member's ID and name.
• Fun TrainingminorGTM or Marketing PartnerFunctional fitness and sports training center in Zipaquirá offering preferential rates for members and their families for both in-person and online programs.
• UNAD (Universidad Nacional Abierta y a Distancia)coreGTM or Marketing PartnerNational open university offering 15% discount on tuition for COOTRAPELDAR members across all programs including continuing education, undergraduate, graduate, and language training. Additional 10% discount for members with valid electoral certificate.
• ANDAP (Educación para el Trabajo y el Desarrollo Humano)coreGTM or Marketing PartnerISO-9001 certified technical education institution with multiple campuses. Offers 25% discount on technical programs, free enrollment and registration, SENA recognition, and flexible schedules. Locations include Bogotá, Bucaramanga, Facatativá, and Zipaquirá.
• Colegio BostonminorGTM or Marketing PartnerSchool in Zipaquirá offering accelerated cycle-based high school program allowing students to complete 2 grades per year.
• Servicios Integrales Solidarios SASminorGTM or Marketing PartnerArt workshops including painting, wood carving, crafts, gastronomy, and music lessons in Zipaquirá. Offers 5-10% discounts on various courses for members.
• PriceSmartminorGTM or Marketing PartnerWarehouse club offering complimentary mini basket of products and free audiometry exam for members purchasing memberships through COOTRAPELDAR.
• Viajes y Turismo (Vacaciones Viajes y Turismo)coreGTM or Marketing PartnerTravel agency offering exclusive discounts, gifts, and gift cards on tourism packages, flights, hotels, assistance cards, and tours nationally and internationally. Includes personalized service and commercial fair events.
• Gomez Tour Viajes y TurismocoreGTM or Marketing PartnerTravel agency offering 5% discounts on hotels in Coveñas, Mexico, Brazil, and Europe; 2% cruise discounts on Royal Caribbean, Celebrity X Cruises, and Azamara Cruises.
• Óptica Strong VisióncoreGTM or Marketing PartnerOptical retailer with locations in Zipaquirá and Tocancipá offering free digital eye exams, 20% off ophthalmic lenses, and 15% off frames for members and families.
• Fisiosalud IPSminorGTM or Marketing PartnerSpecialized rehabilitation center in Zipaquirá offering physiotherapy, speech therapy, and occupational therapy services.
• Óptica Boutique Dra. Julia OrtizcoreGTM or Marketing PartnerOptical boutique with locations in Cajicá and Zipaquirá offering 20% off first pair of ZEISS lenses, 15% off frames, 5% off conventional lenses, and free eye exams when purchasing glasses.
• IngelectronixminorGTM or Marketing PartnerTechnology products and services company offering 4% discount on computers, printers, cell phones, TVs, appliances, and technical support services.
• SeguraliacoreGTM or Marketing Partner100% Colombian capital insurance company offering portfolio of prepaid medicine, general insurance, life insurance, and occupational risk management through partners Colsanitas, AXA Colpatria, and Coomeva.
• Los Olivos (Coopserfun)coreGTM or Marketing PartnerFuneral plan provider with 38+ years of experience in the cooperative sector. Offers monthly rates with 2-year loyalty discount. Pet assistance available. 24/7 national coverage.
• Previvir ExequialcoreGTM or Marketing PartnerFuneral plan provider with 50+ years of regional experience. Offers integral funeral services with own infrastructure at Parque Cementerio Zipaquirá and national coverage through Red Remanso. 10% annual payment discount. Pets can be included as beneficiaries.
• Supersolidaria (Superintendencia de Economía Solidaria)coreOthersGovernment regulatory body supervising COOTRAPELDAR's operations ensuring compliance with cooperative and financial regulations.
• Fogacoop (Fondo de Garantías de Cooperativas)coreOthersDeposit insurance fund providing protection for cooperative savings and deposits, enhancing member confidence.
• BIRU Emprender (Cootrapeldar Educa)coreTechnology or IntegrationE-learning platform partner providing virtual cooperative education courses, including Introduction to Cooperative World, certified and free for members.

Scale indicators9 records

Recent moves10 records

Expansion highlights5 records

Emerging players

• Daviplata: Davivienda's mobile wallet targeting mass-market Colombian consumers with savings, payments, and credit features. Comparable as a digital-first deposit and payments alternative competing for Cootrapeldar's working-family segment.
• Nequi: Bancolombia's mobile-first digital bank and wallet targeting underbanked Colombian consumers, including payroll-based users. Comparable because it competes for the same deposit and payment customers Cootrapeldar serves, but via a tech-led neobank model.

Direct peers

• Alcalicoop (Cooperativa Alcalicoop): Colombian cooperative and TAVA card alliance partner alongside Cootrapeldar. Comparable as a peer savings and credit cooperative offering similar member-based financial services.
• Crediflores (Cooperativa de Ahorro y Crédito Crediflores): Colombian savings and credit cooperative named alongside Cootrapeldar in the TAVA card partnership. Comparable as a peer cooperativa de ahorro y crédito offering deposits, credit, and member benefits to its regional member base.
• Coopsuram (Cooperativa de Ahorro y Crédito Coopsuram): Colombian savings and credit cooperative named in the TAVA card alliance alongside Cootrapeldar. Operates a similar cooperative de ahorro y crédito model serving regional members with deposits, credit, and member benefits.
• Coopcentral: Colombian cooperative financial platform and shared-services network that Cootrapeldar already integrates with via Multiportal. Comparable as a multi-cooperative infrastructure provider enabling payments, transfers, and digital services for member cooperatives.
• Coopserfun (Los Olivos): Colombian cooperative funeral-plan provider and Cootrapeldar alliance partner with 38+ years of cooperative-sector experience. Comparable as a cooperative-sector player offering member-benefit financial products (funeral plans) and demonstrating alternative cooperative models in adjacent verticals.

Others

• Colsanitas: Colombian prepaid medicine and health plan provider distributed through Cootrapeldar's commercial alliances. Comparable as an adjacent insurance/health-services player serving similar working-family demographics, though not a depository peer.

Broad incumbents

• Banco de Bogotá: One of Colombia's largest commercial banks and a collection-agreement partner of Cootrapeldar. Comparable as a broad depository and credit incumbent serving retail and corporate customers across Colombia, including the Bogotá metropolitan area where Cootrapeldar has expanded.
• Bancolombia: Colombia's largest commercial bank and parent of Nequi. Comparable as a broad depository and credit incumbent whose consumer-banking, payroll, and SME lending offerings overlap with Cootrapeldar's portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/cootrapeldar
• YouTubeyoutube.com/@cootrapeldar
• Facebookfacebook.com/cootrapeldar
• LinkedInlinkedin.com/company/cootrapeldar
• Instagraminstagram.com/cootrapeldar

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cootrapeldar