Español

English

La Base Fund
Snapshot
Loan Projects
Apply for a loan
Gallery of Photos
News Blog
United States
Our Ideas
Who We Are
Contribute
  
Other Loans with Crometal:
03/05 - 04/06 - 06/05 - 10/05 - 12/06 - 03/07 - 06/07 - 08/07
02/08 - 03/08 - 03/08 - 05/08 - 09/08 - 12/08 - 01/09 - 01/09
05/09 - 06/09 - 07/09 - 08/09 - 10/09 - 12/09 - 01/10 - 01/10
01/10 - 02/10 - 02/10 - 02/10 - 03/10 - 03/10 - 03/10 - 04/10
06/10 - 06/10 - 07/10 - 08/10 - 08/10 - 09/10 - 09/10 - 10/10
11/10 - 11/10 - 12/10 - 01/11 - 01/11 - 02/11 - 03/11 - 03/11
04/11 - 05/11 - 05/11 - 05/11 - 05/11 - 06/11 - 06/11 - 06/11
10/11 - 07/11 - 07/11 - 07/11 - 09/11 - 09/11 - 09/11 - 10/11
12/11 - 11/11 - 03/12 - 05/12 - 08/12 - 11/12 - 11/12 - 11/12
02/13 - 03/13 - 03/13 - 04/13 - 04/13 - 04/13 - 05/13 - 06/13
06/13 - 06/13 - 08/13 - 08/13 - 10/13 - 11/13 - 01/14 - 01/14
02/14

Crometal
SummaryPhotosLogsCalendar



Project with Crometal
22nd loan for the coop. Crometal will change some checks for specific payment of services and salaries that would otherwise be delayed af ew days with a bigger financial cost than the interest they pay La Base. In this way the coop can make use of the money obtained through their work without having to wait for the check's deposit date.
Crometal is a cooperative in Berazategui, Province of Buenos Aires, making industrial shelves and scaffolding for construction. Their prior brand, Acrow, was very well known. Since we started to work with them in 2005 they have increased production enormously, has duplicated the amount of workers from 18 to 36 and has strongly improved its competivity. THrough 21 loans, the coop and La Base have cemented a close and trusting relationship. Crometal has made enormous progress and the type of challenges that have risen have changed constantly in many ways including scale, even getting to the point where they take La Base's loaning capacity to the limit. At this time the coop is having some delays in production because of failure in a machine, which added to the slowdown of demand over the summer produces a financial gap that the coop can solve by changing checks into cash with La BAse at an interest rate that doesn't affect their profitability.
NameCrometal
Signing DateJanuary 7, 2010
Loan AmountAR$13,266
Repayment Schedule
Paid
2010-01-7



From Crometal on Jan 7:
On time
Se realizó el cambio de cheque


USA: 228 Park Ave S / New York, NY - 10003 / Tel: +1-646-257-4144
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
Contact Us