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Loss in Pepper business

Kerala Forum: Kerala Business & Finance: Loss in Pepper business

By Jacob S. Gunaseelan on Saturday, July 21, 2007 - 06:15 am: Edit Post

Loss in Pepper business


I am NRI, I have purchased land in Idukki District. I am invested money because of pepper plantation. But last two years i did not get any profit from the garden. The pepper rate is very low and i don't know what to do.

I have taken loan from bank, the interest rate is very high around 12.75%. Please advice me any consideration in interest rate. I approached bank several times, but no proper replay from the bank.

Jacob S Gunaseelan

By FOREVER SPIRIT on Sunday, December 16, 2007 - 08:24 pm: Edit Post

Welcome to the New World Order my friend. That was exactly the purpose you get you into bank scheme loans.

Please spread the word to other Indians to stop this madness.

Also for so much more information on what and why this has happened to you, I suggest you check out this website:

By sijishnambiar on Saturday, September 14, 2013 - 12:55 am: Edit Post

whts ur loan amount?where you hve utilised?

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