Millenium Business Solution

Posts Tagged ‘crisis’

Because the crisis is in Spain and also the difficulties of access to credit some new types of loans are rising rapidly, this is the case of loans without collateral, they have unique features, where especially attract customers, but however, these very expensive end up paying the consequences, since they have high interest rates.

Many people who use this kind of loan is that you cannot access those offered by traditional market, where they are asked paycheck, mortgage or security goods almost impossible to present, but these loans, we can help solve an unexpected, but the future is often a real headache, because my interests are high, very short maturities.

This kind of lending almost sit on the sidelines of the regulation of credit, since in many cases the rates of interest charged and other conditions are extremely high or very demanding, many of these loans are advertised on websites, and other media traditional.

Below is an example of how serious a quick loan, for example if you request a loan of 300 Euros, the repayment period is a maximum of 30 days, and the APR would be a little more than 100% annually, if the loan is 1000 Euros, the repayment period is 60 days. The only guarantee is sought is the word. Read the rest of this entry »

Farmers project in February and March next year will be no shortage of corn because the planting of the summer season is delayed by two months, said yesterday the president of the Corn and Sorghum Producers of Santa Cruz (Promissory) Vicente Gutierrez.

He said the delay will impact the prices of chicken and pork, whose production requires corn as feed inputs for livestock. Gutierrez explained that due to weather problems, planting corn and other grains during the summer cropping season, which should begin in mid-September, would not start and will be delayed until early November.

The summer crop will be delayed, therefore, until mid-April next year.
“The biggest hit by the shortage and high price of the product, between February and March next year, the producers of chicken, pork and even beef, which are beginning to use corn as the main raw material for fattening food” he said.

The general counsel of the Association of Poultry Farmers of Cochabamba (ADA), Fernando Quinoa, ratified the president’s warning Promissory and said the only way to address an impending crisis in the poultry industry is to develop a contingency plan between the Government, grain producers and producers of poultry meat to ensure the planting of 160 000 hectares during the campaign indicated that ensuring verano.MedidaQuiroga planting corn in sufficient quantity implies that the Government should provide technical assistance and credit to particular small and medium producers of maize and sorghum in eastern Bolivia for the purchase of seed, fertilizer, fertilizer and tools. Farmers also demand that the government lift the ban on rice exports.

Gutierrez recalled that last year due to steep government suspension of exports, a large percentage of farmers felt discouraged and only 93 of 140 planted hectares with a yield of 2.93 tons per hectare.

5 000 tones imported Due to serious transport difficulties, the farming community of Cochabamba succeeded in importing the Brazilian market, so far, only 3 000 tons of yellow corn from a set quota of 40 000 tones until the end of the year, said yesterday the president of the Departmental Association Poultry (ADA), Willy Scoria. Read the rest of this entry »