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Featured Loan
Project with La toma
Loan for the purchase of security equipment for the cooperative's members. The work boots and uniforms will be purchased from another cooperative. This step has been a long-running dream of La Toma, and it is hoped that in addition to providing the workers with more security, it will also lead to a more stable and professional workplace.
May 29, 2008
AR$2,111



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.
In 2007, and then again in 2008, La Base granted as many loans as in all previous years combined.


Cumulative
Number of loans 308
Amount loaned out AR$4,630,401
Success rate 99.68%
Total assets AR$593,823.72

Projected for 2008
Loan goal 72
Amount to loan out AR$900.000
Total asset goal AR$450.000
Additionally, as a result of internal productivity gains, all this was 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


USA: P.O. Box 4668 #247395 / New York, NY - 10163 / Tel: +1-646-257-4144
Argentina: Talcahuano 215, 1B / 1013 - Ciudad Autónoma de Buenos Aires / Tel: (+54-11) 4382-1520
Nicaragua: De Ixchen, 1/2 cuadra al sur / Matagalpa / Tel: +505-2772-3026
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