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Other Loans with Crometal:
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02/14 - 06/14

Crometal
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Project with Crometal
This cash line for the coop is for specific payment of utilities and services which would otherwise be delayed for a few days, and at a higher financial cost than what they pay La Base. In this way, the coop can make use of the money obtained for their work without having to wait for the checks' deposit date to come.
Crometal is a recovered cooperative engaged in production of industrial shelving and scaffolding. Since we started working with them in 2005 their production has increased sharply, the number of workers has doubled and their competitiveness has improved as well. When our relationship began there were 18 workers. Currently there are 35. With the 14 loans the cooperative and La Base have formed a close relationship with a lot of trust. Crometal has grown enormously and the type of challenges they have been facing has changed according to the scale. Currently the cooperative has some difficulties caused by the crisis that has hit the producers of durable goods who are more demanded in times of economic expansion. Thanks to this cash the cooperative can meet the specific needs of he moment: energy bill $9,860.00, return payment $13,000.00
NameCrometal
Signing DateMay 7, 2009
Loan AmountAR$23,096
Repayment Schedule



From Crometal on May 22:
On time
Sin novedades


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