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  THE CO-OPERATIVE View 329


THE CO-OPERATIVE


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We finally sold our rice, the crop we bought at the end of last year’s harvest.

 

Here are the financial details of the whole operation:

 

Amount spent last year: ฿ 820.719

 

Amount received after sale: ฿ 803.216

 

We are not in a loss as we “lend” rice to many families who did not have enough to eat, and who will pay us back at the end of next harvest.

 

The amount owed is about: ฿ 312.000

 

That would make the total income of:

฿ 1.115.216

 

We are now getting ready for the next harvest which will take place very soon

  By Claudio Romano    [ 3-Nov-2009 13:53 ]


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