Sunday, 10 March 2013

Monthly Meeting March 2013

Hi All,

Our monthly meeting held on 10-March -2013 at Sambhaji Garden.

Meeting Attendance was as below.

1) Mahesh Kothale

2) Pravesh Shinde

3) Manoj Alat.

4) Nagraju Thogaru



 
Following Points Discussed

  • Web Development Updates
  • Loans
  • Business Plan
  • Housing Scheme
  • Discipline committee

Web Development Updates:

We are in process of getting details from a person who registered our website. Some details we received and some are remained to obtain.
Loans:

 Loans are divided in two parts.
Short Term
Long Term


Short Term:
 Short term loans are those whose tenure is up to 3 months. We removed its processing fees. Monthly interest will be Flat 1.5%.
 Remaining procedure is same as defined before.

Long Term:
Only change in Long term loans is interest become reduced on its principal. Changes will be applicable from April 13 for everyone.
Processing fees will be 2% of its principal or  Rs. 1000/- which will be minimum.

Business Plan:
 
Any business activity under Begale brand or utilization of money from Begale group for member, then interest of all utilized amount with 1% per month + 1/3 of total profit must be submit to group.

Housing Scheme:

We already received 30 members cheque and 3 members are in process. Total count is reached to 33.
Only 7 members are remaining.

Discipline committee:

We are looking for Leadership and coordinator in this team.
Person should be with good personal relationship quality and should understand personal problem of members.

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