We a group of 8 ladies with a capital of 12 lacs in Hooghly West Bengal..want to go for a business …may be marketing of fmcg products or lending money to poor cultivators …and also want to enjoy some government subsidies and fundings from banks .
What should be the pattern of business? Pvt ltd co..nidhi…NGO…trusty or partnership firm ? Plzz guide us
I C Naik
Dear Amitava
I wish I could be of help to you, but I feel very sorry for being unable t do so. As you can observe questions from cooperators which are being helped out towards solution are about problems on cooperatives and not business issues. Never the less you can think of a Cooperative Credit and Consumer Society to which you can lend your money at interest (Subject to Provision in Bye Laws to that effect).Make all borrowers members of the Credit Society. As you will be in management, your money will be safe.