[HCoop-Discuss] Financial situation

[Tanveer Singh]

On 5/1/07, Adam Chlipala <adamc at hcoop.net> wrote:
> Terrence Brannon wrote:
> > SECOND, the frontpage says:
> > You can save money. You get all this for a price ... dropping as new
> > members join.
> > But the fact is that you are asking JC Hallgren for 100.00, this is 20
> > months worth of service at the 5.00/month rate he is accustomed to.
>
> Where did anyone ask him for $100?  I think I made it clear that I was
> only asking for short-term "loan" help from people for whom that amount
> is entirely insignificant if it gets back to them eventually.
>
Ok, so thats how I understand.
If I pay off the 46$ debt in two months by paying 23$ for two months
or maybe paying something like 20$ for 3 consecutive months, this will
eventually get back to me over some period of time.
I would like to know whats the period of time the coop is talking
about. Is it one year, 2 years....?
I'm okay with giving this amount for a couple of months or 3 months,
and I think its a reasonable expectation that within 2 years I will
have this amount coming back to me in the form of lower costs etc.,
I feel another thing is that people feel that if they give 100$ or
whatever to bail out the coop, its like a donation not a loan.
Could the board clarify this part.
If few of us over a period of 3 months give out 60-70$, it is a sort
of loan or a donation to the coop.
I am sure if its a loan, many more will be willing to chip in.

regards
Tanveer