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Featured Loan
Project with Crometal
The cooperative Crometal is cashing a check with La Base so as to cover various routine debts that have been accumulating over the course of the year. To do this the coop needs to liquidify several payments currently in post-dated check form. The ability to more quickly access the cash they have already earned will enable them to clear debts and avoid further interest payments on the same. This is of such importance primarily because taxes and services can only be paid in cash.
January 28, 2009
AR$59,631



La Base has been giving micro-loans since 2004.

In this short time, we have already managed to bring our new form of microcredit above 90% repayment rates, showing that the success of microcredit can be applied at the industrial scale.

Our complete list of current projects.
More about our new form of microcredit.
More about our philosophy and method.



As La Base emerges from its pilot period, it aims to double the number of loans made every year.


Cumulative
Number of loans 896
Invested AR$7,682,394
Returned
100.0% AR$7,682,499
Oustanding
-1.7% AR$-130,710
Lost
1.7% AR$130,606
Total assets AR$1,748,114.14
Additionally, as a result of internal productivity gains, all this has been achieved without an increase in operating expenses.
A mature loan team and an active volunteer program ensure that a larger number of loans can be covered with the same overhead.

Total amount loaned
Loans per quarter
Monthly expenses


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Argentina: Talcahuano 215, 1B / 1013 - Ciudad Autónoma de Buenos Aires / Tel: (+54-11) 4382-1520
Nicaragua: De Iglesia Recolección 3 cuadras al este, Casa #426 / Leon / Tel: +505-2311-4362
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