Caja de Ahorros

A Caja de Ahorros is a type of financial institution similar to a savings bank, primarily focused on helping individuals and communities save money and access basic financial services. They often operate with a community-oriented approach, emphasizing savings and local development rather than profit. Members can deposit money, withdraw, and sometimes borrow at reasonable rates. These institutions promote financial inclusion by offering accessible services to people who might not be served well by traditional commercial banks. Overall, a Caja de Ahorros plays a vital role in fostering financial stability and supporting local economic growth.