Reborn as the richest man in India

For Jogo, he is short of funds now. Now that he has the opportunity to take out rupees from these guys' pockets, the more the merrier.

100 million rupees, it’s definitely not close to buying 100,000 bales, so just calculate it as 100,000 bales.

If you earn a little less, if you calculate each pack at US$30, that would be US$3.3 million, or 41.58 million rupees.

You must know that the profit for your second batch of 10,000 bales of cotton is US$50 per bale, and there is still a lot of room for profit.

Therefore, after deducting the interest of 10 million after one year, I can still earn 30 million, which is still a very large profit.

Everything has risks, high risks and high returns. After weighing the pros and cons, Qiao Ge felt that it could be done.

Although Fajia and the others were using themselves, the huge amount of money they provided was also an opportunity for them.

"Qiaogo, do you know how many bales of cotton India has exported each year in the past two years? It's only about 3 million bales. You want 500,000 bales alone~~~" Fajia smiled and did not continue.

However, he was very satisfied with Qiao Ge's passion. In this way, the strike and demonstration issue could almost be solved smoothly.

"500,000 bags, that's 567 million rupees." Gohaga quickly calculated in his mind and frowned. This amount greatly exceeded their expectations.

"Your Excellency, Administrator, 500,000 bales is not enough, and a little less is not impossible. I think 100,000 bales is definitely not enough. If you want to do it, then make it big." Qiao Ge waved his arms and said more vigorously.

This actually infected Fajia, making him feel a little excited. Of course he wanted to give the hateful guys on the opposite side a hard blow.

He even lowered his voice to beg them, but he didn't expect to be ridiculed mercilessly. He couldn't swallow this breath.

According to Qiao Ge, the more cotton he harvests, the less the other side will benefit from this price reduction.

It would be great if Qiao Ge could sell the cotton in the end, and Gao Haga and the others could get the corresponding interest.

If they can't sell it, Gaohaga and the others won't lose money, because Qiaogo's cotton will definitely fall into their hands in the end.

In his opinion, Chogo would probably not be able to sell the cotton in his hands.

Qiao Ge was just a blind cat who met a dead mouse. Only when he met the Chinese this time did he make a deal.

Otherwise, for a 16-year-old boy, who would he know among other foreign acquirers?

Gao Haga and the others were different. When the time came, the cotton was obtained from Qiao Ge, so it was not considered a direct conflict with the group opposite.

Although Gao Haga and the others have never been in the cotton business, with their connections, it will definitely be no problem to sell this batch of cotton at a slightly cheaper price. They may even sell it to the other side, and the profit will definitely be more than the interest.

However, he also knew that if 500,000 bales were offered, Gao Hagar and the others would definitely not agree to it, which was far more than the 100,000 bales previously agreed upon, a difference of five times.

Fajia's inner thoughts are completely from Gao Ha's position. Strength determines everything. The five Gao Ha's have strong funds, so he often has to rely on a few people.

If Qiao Ge hadn't been of some use to him, how could there be any place for Qiao Ge to stand here?

"Five gentlemen, otherwise, you can lend Qiaogo 300 million rupees. No, how about 200 million rupees? This amount is still needed. We have to prepare more for Qiaogo." Fajia thought about it. asked for a compromise plan.

Originally he said it was 300 million, but as soon as he exported it, he noticed that Gao Haga and others looked wrong, so he reduced the amount to 200 million.

"This?" Gao Haga hesitated.

"With a net worth of five people, you can just squeeze in and get out." Fajia said with a smile.

The five people in Gaoha looked at each other, thinking that the problem was not too big.

Although there is no collateral for borrowing money from Qiaogo, the cotton received by Qiaogo is actually his collateral.

If Qiao Ge did not sell the cotton and failed to repay the loan after one year, the cotton would naturally belong to them. This would definitely be stated in the contract.

How could they do anything that is not beneficial?

If there is no benefit, they can't afford it. Even if Fajia comes forward, they have to ensure that they have benefits.

Fajia was very polite in inviting them here, and it was natural to give them face. After all, they sometimes had to ask Fajia, the administrator of Bombay, for help. The help was mutual.

So, they agreed.

"Then sign the loan contract?" Fajia smiled happily.

If this thing is done, I believe it can stabilize those small merchants.

Although they are small merchants, if they really want to take to the streets to demonstrate, their impact and destructive power will be far greater than those of the dock workers.

Qiao Ge saw Fajia take out a contract from the desk drawer, and then fill in some data on it, mainly the loan amount, date and so on.

At the same time, it was also agreed that the loan could only be used to purchase cotton, and Qiao Ge could not use it for other purposes. For this reason, they would send people to keep an eye on Qiao Ge. They would participate in every cotton transaction to ensure that all the borrowed money was used. On cotton.

Qiao Ge didn't refuse. Of course he was using it to buy cotton, so he kept staring.

At the same time, he sneered in his heart, Fajia's contract had been prepared long ago.

In other words, I cannot allow myself to refuse.

If they refuse, they will definitely try to make them agree, such as threats?

"Come on, everyone, come and take a look. If you think it's okay, then sign it. I guarantee this contract, so you can rest assured." Fajia said.

"Of course, with the guarantee from His Excellency the Administrator, that will definitely be no problem." Gao Haga laughed.

Having said that, they still picked up the contract and read it.

Qiaogo is no exception. The loan contract is actually very simple, including the loan amount, interest, term, and some solutions for Qiaogo's failure to repay after maturity.

The most important point is that the cotton purchased by Qiao Ge cannot be mortgaged. If he cannot repay the principal, then the cotton will be converted to Gaoha and others according to the market price, and the excess will be refunded and the less will be compensated.

Of course there is no problem with these terms, and Fajia will not do anything about it.

Qiao Ge understood that this loan was very risky for him.

What is the market price? If they really have to pay the loan when it is due, they will definitely suppress their own price. The price of cotton may only be half of the market price or even lower, just like those who went bankrupt and were auctioned. All the items were broken bones and bought, because at that time, I was completely at the mercy of others.

Of course, this is all because Qiao Ge failed to think of a backup plan. He is now confident in selling cotton, and these problems are no longer problems.

Gauharga and the others borrowed 200 million rupees from him. It was like rain from heaven, which fulfilled themselves.

The three parties were very satisfied and signed the contract in triplicate.

According to the agreement, the money will be transferred to Qiaogo's account tomorrow. After the money arrives, the contract will take effect.

Qiao Ge knew that Fajia was really anxious. The demonstrations and strikes had lasted for several days. Although they had subsided a little recently, they had not yet been completely resolved.

He simply doesn't want to wait a day now, otherwise he wouldn't be in such a hurry to lend himself money.

Of course Qiao Ge cooperated in this matter, because it was also of great benefit to himself. With more funds, he would naturally buy more cotton, and he would also earn more after exporting.

He asked Fajia to notify those cotton merchants that when the loan comes into account tomorrow, he would start to purchase the cotton in full, but the purchase price would be US$85 per bale.

Regarding this price, Fajia originally thought it was a bit low, but Qiao Ge believed that the current price was still falling, and it might go below 80, so he took a big risk.

Fajia didn't insist on this. He felt that those merchants who couldn't hold on would take action even if they suffered a small loss. They didn't care whether it was 85 or 90 US dollars. After all, Qiao Ge would give them the full amount at once.