Chapter 10

  "I will make it clear to those people, let them deliver the goods first, and then give them a deposit after your deposit arrives." Seeing that Jogo was puzzled, Bosh couldn't help explaining.

  It's not good for me to let the bank loan so much, but I still have the right to ask the nearby cotton operators to provide cotton first. If anyone is unwilling, he has plenty of means to deal with them in the future.

  Besides, these guys have a backlog of cotton, and now that I have found a way for them to get their money back, I have to be grateful to myself.

  "Your Excellency, what is the purchase price?" jogo asked in a low voice.

  "I don't quite understand this. You talk to them, but you don't have to let go to lower the price. I believe they don't dare to bargain now." Bosh said loudly. After saying this, I felt something was wrong. Hu Lin and the others were still there, "Counselor Hu, it's not easy for you to lower the price. It's not easy for young people to start a company for the first time." "Of course." Hu Lin smiled, "

  We It will be based on the market price, and the export price of cotton continues to fall at the moment, but we finalized the deal with jogo three days ago, so there will be no change in the price." After he finished speaking, he explained to Zhao Rui and the others, Zhao Rui and the others didn't have much of an opinion. After all, they came here with the purpose of making good friends with India, and an appropriate concession is acceptable, and even at this price, it is still relatively favorable for them.

  Jogo's mood was really ups and downs, 10,000 packs, all of which were collected by himself, even if he earned 30 dollars per pack, it would be 300,000 dollars, which is equivalent to nearly 3.78 million rupees, and his father's debts can be paid off in one lump sum. .

  In fact, I can lower the purchase price, which means that I can earn at least 4 million rupees or more.

  He quickly came back to his senses and said to Singh: "Uncle Singh, I want to borrow 300,000 rupees from the bank."

"What are you doing?" Singh was also calculating how much jogo could earn this time, and got an approximate After making the estimate, he was extremely shocked. Before he could recover, jogo actually asked for a loan. He was a little confused.

  Because Bosh's words have solved the problem of his shortage of funds. It is a completely empty hand, and it will be a profit as soon as it is changed hands.

  "I also need to buy more hair, which involves transportation, warehouse rental, and various expenses." jogo said, "The 300,000 rupees in my hand are not enough." Singh was speechless for a while, and the cotton side Isn't the big deal enough?

  I'm still thinking about my hair, how much can I earn?

  Bosh was a little curious about what kind of hair it was, so he couldn't help but ask.

  jogo didn't hide anything. He told him about the departure exit. Of course, he didn't mention the price.

  "As for those temples, I can't come forward directly. Let's do this. I will send people to talk to those temples and ask them to sell you all the hair in stock. I believe they are also eager to clear their stock. As for the deposit, I will ask them to discuss it. It doesn't need to be as much as 30%. If it is lowered appropriately, you can buy more, which is good for everyone." Bosh thought for a while.

  Originally, he wanted to use the cotton trick and let jogo get the goods directly for free first, and then pay after the Chinese deposit arrived.

  It's just a matter of temples and religions. Even if he is the director of the municipal government office, he has to be cautious and don't use force.

  "There is still a problem of insufficient funds, which is easy to solve. Singh, you can give jogo a loan of 500,000 rupees. You can go and tell Das that for my sake, you can lend the loan. Why, can't you?" Bosh said again Said to Singer.

  Lindi Das is the president of Singer's branch.

  "Okay, no problem." Singer immediately responded loudly, patting his chest, "I'll do it right away." The 5 million loan just now was too much, and he couldn't possibly agree, not even the president.

  However, if it is 500,000 rupees, Bosh's face is still barely enough.

  Besides, jogo has now won a large export order of 10,000 bales of cotton, and the risk on the bank's side is very small. I believe the president will give Bosh a face.

  Jogo was pleasantly surprised, of course he didn't think the money was too much, so he could collect more hair.

  Even Uncle Singh doesn't know the profit of the hair trade, how can this opportunity be missed?

  Especially because of the blockage of the canal, the hair accumulated in the temple for nearly two months. Otherwise, they usually buy it once a week.

  There will be no such good things in the future.

  A ton of hair is 10,000 rupees, and according to the 30% deposit, it is 3,000 rupees.

  Jogo's original 300,000 rupees was actually enough to buy 100 tons of hair.

  But he still wants to have some more rupees in his hand, which can be borrowed from the bank, why not borrow it?

  After all, you have to spend money in other places. For example, if you go to buy hair from the private sector by yourself, it is impossible to pay a deposit first, and it must be the full amount.

  Moreover, the interest rate for direct loans from banks is the lowest. In the past, only large companies had the opportunity to get loans. He had no chance at all, so it was a good deal no matter what.

  "Boss Huang, if I buy more than 30 tons of hair, do you want more?" jogo asked.

  Jogo didn't like the 30-ton upper limit they said before.

  I believe that with Bosh coming forward, my previous worries that those temples may not trade with me will probably disappear. At least I can guarantee that I can purchase the hair from most temples.

  Huang Delou couldn't help laughing, this kid even provoked himself.

  30 tons of hair, calculated at US$5 per kilogram, is US$150,000.

  I'm buying and selling cotton here, and I've done millions of dollars in business, but I'm still short of hundreds of thousands of dollars?

  "Then I'll take everything within 100 tons." Huang Delou said with a smile, "I don't think you can get so much hair in seven days. Ten tons are enough." 100 tons is 500,000 US dollars, and the three of them share it After all, just 10,000 bales of cotton cost US$1.7 million.

  "If there's no problem, then sign the contract, and also sign the hair trade contract." Bosh laughed.

  We also have to solve the problem of feeding port workers. As long as goods are exported, we have to find people to work. I believe it will help appease these workers.

  jogo and Huang Delou discussed it again, and the hair contract would take a few more days to sign. After all, jogo had to receive the goods first, and then they could estimate the payment based on the hair grade and quantity.

  In this regard, Bosh did not insist on signing the contract. He could see that the Chinese should still be credible, and the hair trade should be no problem.

  The cotton contract was signed on the spot. For this reason, Hu Lin called the embassy in New Delhi through the hotel phone. After explaining the situation, he asked them to contact the relevant person in charge of Zhao Rui and the others in China, and asked them to give jogo's Gupta Foreign Trade Co., Ltd the payment.

  The hotel cannot make long distance calls directly, and Hu Lin has to report this matter to the embassy, ​​which is considered a happy event.

  An hour later, the embassy replied, saying that the deposit of US$510,000 was sent through Zhao Rui and his company in Hong Kong. Although it was urgent, it would take at least three days to arrive.

  Since China's current foreign exchange system is a dual-track system with stricter foreign exchange control, many Chinese businessmen have set up companies in Hong Kong in order to better retain foreign exchange. Through Hong Kong companies and foreign trade, foreign exchange funds can be kept in Hong Kong company accounts on, convenient to receive and pay.

  This is an offshore company.

  It was done, this business far exceeded jogos expectations, and even 10,000 bags were handed over to him for stocking. Now he is really relieved, and he is waiting for the money to arrive in the account.

  (End of chapter)