From Cooperativa de Producción Orgánica La Leonesa RL on Jan 31:
Ahead
The coop has cancelled this loan with profits from Christmas sales.
Initially the coop was planning to pay off this loan over a 15-month period with profits from a new, more efficient production center. But with over $7500 USD in profits from Christmas, the coop has decided to cancel the loan well ahead of schedule. It has been paid off completely.
|
From Cooperativa de Producción Orgánica La Leonesa RL on Jan 21:
Behind
The machine and wine are experiencing some delays, but the loan is going to be paid off with the profits from another big order made possible by this loan, so the overall plan is intact.
The machine has been having delays as explained in previous logs. The wine is also having production delays which will somewhat affect its profitability. However neither of these factors should matter overall for this loan, because the coop had a large honey order with high profits at Christmas, which they used the production center for, and thereby has more than enough profits to pay the production center loan off. They are planning on paying this loan off in its entirety next week.
|
From Cooperativa de Producción Orgánica La Leonesa RL on Jan 14:
On time
The coop is going to pay some quotas in advance on this loan. See linked log for more details.
http://internal.labase.org/dbmanage.php?type=ProjectLogsInput&ProjectID=272&ProjectTable=Loans&displayType=view&where=where%20id%3D7879&displaySize=full&single=1
|
From Cooperativa de Producción Orgánica La Leonesa RL on Jan 7:
On time
The bag plan is behind what we originally planned, as reflected in previous logs. The wine is also somewhat behind. These two factors should not affect our plan because the coop will pay part of this loan with the unexpected Christmas honey order.
As discussed previously, the bags are having more delays and will not likely start to generate revenue until March or April at the earliest. The wine is also having somewhat of a delay, although only by a matter of a few weeks instead of several months. Neither of these factors should impact our plan because of the quotas that will be paid by the Christmas honey order, although the exact details of how much will get paid have not been determined yet. We need to meet with the cooperative soon to discuss this issue, so I am adding a paso to the calendar to reflect this.
|
From Cooperativa de Producción Orgánica La Leonesa RL on Dec 24:
On time
As discussed in the linked log, the machine's plan has been changed. Part or all of the production center loan will be paid off with the xmas honey order. The wine did not hit its full sales targets for xmas, but the overall plan is unaffected.
As discussed in the linked log, the expected start date to actually be able to start selling the bags has been pushed back. Also the wine did not meet its full sales targets, although it did meet the minimum target necessary to pay its quota. Neither of these factors affect the production center loan because the honey christmas order can pay off part or all of this loan.
http://internal.labase.org/dbmanage.php?type=ProjectLogsInput&ProjectID=272&ProjectTable=Loans&displayType=view&where=where%20id%3D7727&displaySize=full&single=1
|
From Cooperativa de Producción Orgánica La Leonesa RL on Dec 13:
On time
The wine and machine are both slightly behind their plans, but overall appear to be intact. LB assembly also needs to discuss the possibility of the coop paying off part or all of this loan with the profits from the honey xmas order.
For more details on wine see
http://internal.labase.org/dbmanage.php?type=ProjectLogsInput&ProjectID=449&ProjectTable=Loans&displayType=view&where=where%20id%3D7640&displaySize=full&single=1
For more details on machine see
http://internal.labase.org/dbmanage.php?type=ProjectLogsInput&ProjectID=272&ProjectTable=Loans&displayType=view&where=where%20id%3D7614&displaySize=full&single=1
|
From Cooperativa de Producción Orgánica La Leonesa RL on Nov 26:
On time
There have been some alterations to the wine sales plan, which are explained more in depth in the wine log linked below. Since the proceeds from the wine sales go towards paying off this loan as well, these alterations could affect this loan, but for the moment it appears that the wine should hit its targets and this loan will be fine. We will continue to monitor wine sales.
Here is the link the to the wine log explaining more in depth the alterations:
http://internal.labase.org/dbmanage.php?type=ProjectLogsInput&ProjectID=353&ProjectTable=Loans&displayType=browse&where=where%20id%3D7524&displaySize=full&single=1
|
Snapshot