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SG - Patria Grande
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Project with SG - Patria Grande
Short-term loan for the cooperativa SG-Patria Grande to make their first purchase with a new supplier, a manufacturer: Antártida. They will purchase the fastest-moving articles (poliethylene), to be able to quickly make the most of the discount they get from buying from a direct manufacturer. This loan was pre-aproved with La Base since the approval of the previous loan, since the increase in sales in the holiday season demands a larger stock.
This is a one-month loan, for the coop SG-Patria Grande to be able to make their first purchase from a new supplier who manufactures, Antártida, adding to the list of manufacturers from whom they are being able to buy directly (Rolanplast and another one). In this case, they will buy the fastest-moving articles (polyethylene bags), to make the most of the discount they get from buying straight from the factory, which is around 6%. This loan was pre-approved with La Base ever since the approval of their previous loan, since the sales increase due to the holiday season demands a larger stock, and they are effectively experiencing an important increase in their sales volume. This complicates their stock capacity, and they are very tight with their working capital. However, by the end of December they should have been able to make the loan rotate enough times to be able to return the loan without any problem.
NameSG - Patria Grande
Signing DateNovember 21, 2008
Loan AmountAR$10,179
Repayment Schedule
Paid
2008-12-21



From SG - Patria Grande on Dec 23:
On time
Depositaron toda la cuota del préstamo, por lo que si se acredita mañana, estará completo


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