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Crometal
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Project with Crometal
La Base loan will be used to purchase the raw material needed to complete an order that will increase Crometal´s current production above their previous average.
The irregularity of demand for goods as durable as those that Crometal manufactures makes it very difficult to predict the amount of capital that will be required at a given time. In can happen, as in this case where they asked for help from La Base, that they recieve an order but have insufficient raw materials to fulfill it. Having access to a source of capital quickly is a necessity for the cooperative if they are to be able to meet the needs of its clients and grow. A cooperative of its size and productive capacity needs injections of capital. The $30,000 loan that La Base offered, allows the coop to reduce difficulties with associated with the costs of obtaining capital from other sources of financing.
NameCrometal
Signing DateJune 23, 2005
Loan AmountAR$30,000
Repayment Schedule
Paid
2005-07-27



From Crometal on Sep 26:
On time

Hable con Gustavo recién:
Dice que arreglaron como pudieron la máquina con un motor viejo como para poder seguir pintando, por lo que no les hizo falta llevar las cosas a otro lado.
Le expliqué que preferíamos no acercarnos a los constituyentes con la propuesta de ver lo de la compra conjunta de chapa por los problemas políticos que eso nos podía traer a nosotros y a un proyecto así. Lo entendió perfectamente.


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