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Other Loans with Esperanza del Plata:
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06/13 - 12/13 - 06/13 - 07/13 - 07/13 - 08/13 - 08/13 - 11/13
08/13 - 08/13 - 08/13 - 09/13 - 09/13 - 09/13 - 10/13 - 10/13
11/13 - 11/13 - 12/13 - 12/13 - 12/13 - 01/14 - 01/14 - 01/14
01/14 - 01/14 - 03/14 - 03/14 - 04/14 - 04/14 - 04/14

Esperanza del Plata
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Project with Esperanza del Plata
This is a project designed so the cooperative can count on liquidity to buy materials so as to fill orders that have already been placed. Without this capital, it would be very difficult for the coop to produce efficiently without serious gaps in its productive cycle.
The cooperative Esperanza del Plata is a recovered factory re-opened by its workers after being suddenly closed on Oct. 31 of 2008. 7 of the original 30 or so workers remained, and together they began to organize to run the plant. They have thus far enjoyed the advantage of an almost-intact client list and a continued level of demand, but this has in part gone to waste as they have not had the necessary raw materials or capital to fulfill all incoming orders. As such, the growth of the cooperative has been slow and arduous, with investments in raw materials coming at the direct expense of the workers taking money home. This will be the seventh loan between Esperanza del Plata and La Base. In the first three loans, only plastic materials were bought, but the cooperative subsequently suggested we include dissolvents and ink, as they had on several occasions run out of both products while in the midst of production. This loan is once again only for the purchase of plastics and is a bit smaller than the previous several proyects, with the idea that the cooperative slowly start reducing their dependence on La Base.
NameEsperanza del Plata
Signing DateOctober 23, 2009
Loan AmountAR$5,000
Repayment Schedule



From Esperanza del Plata on Nov 4:
Ahead
Pagaron el saldo y cerraron el préstamo.


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