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Vjavasi
Hero Username: Vjavasi
Post Number: 14622 Registered: 11-2009 Posted From: 192.127.94.7
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, October 01, 2015 - 10:54 am: |
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Thikka_sankara:get loans at minimum 24-26 percent rates from money lenders
24-38 percent....actually it's much higher 60-120% in many cases |
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Thikka_sankara
Megastar Username: Thikka_sankara
Post Number: 22574 Registered: 02-2012 Posted From: 122.164.165.211
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, October 01, 2015 - 10:52 am: |
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Nikkar mafia.... Janaalaki freebees ichi somberilani cheyyakundaa dabbulichi pani cheyinche eee kutra evadiki teleedu.... Thuuu on bjp.... Perhaps nobody has changed the course of history as much as the historians. ~Franklin P. Jones" |
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Vjavasi
Hero Username: Vjavasi
Post Number: 14621 Registered: 11-2009 Posted From: 192.127.94.7
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, October 01, 2015 - 10:50 am: |
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most micro/street businesses that actually provide daily services like milk suppliers, vegetable vendors, small mom and pop stores, mid-level kirana stores, auto-wallahs, small transporters and other small businesses get loans at minimum 24-26 percent rates from money lenders.......imagine they getting money at 12% for their business......it will cut down huge leaks in economy through high interest rates and can lead to low interest economy...if small businesses can save RS12-24 for every RS100 they can pass atleast RS6-12 per RS100 to customer |