Fresco of Approving of bylaw of Society of Jesus depicting Ignatius of Loyola receiving papal bull Regimini militantis Ecclesiae from Pope Paul 3.
This group bound themselves by a vow of poverty and chastity, to "enter upon hospital and missionary work in Jerusalem, or to go without questioning wherever the pope might direct". They called themselves the Company of Jesus, and also Amigos En El Senor or "Friends in the Lord," because they felt "they were placed together by Christ." The name had echoes of the military (as in an infantry "company"), as well as of discipleship (the "companions" of Jesus). Rising incomes in India thus indicates towards tremendous opportunities for loans based on 'income potential' on either side (a) asset creation side and (b) Liablity creation side. The top end of over 700,000 people out of India's population of over one billion is estimated to have individual liquid wealth of about $1,00,000 (Rs 44,13,000) which is likely to go up to $1.1 million by 2009. Reasons could be (a) credit aversion (b) no distinction between good and bad paymasters (c) propensity to save is high due to insecure healthcare and social security concerns. Jewellers in India give lose guarantees that upon return of the jewellery, value of the metal in jewellery adjusted for workmanship costs will be redeemed.
This can be an opportunity for banks to step in, whereupon the banks can underwrite the value of the jewellery and assure full value upon jewellery redemption.


Here, a customer can pay cash to a approved vendor who is associated with a mobile telephone network. Distribution of agents can be ramped up by tying up with Fertilizer dealers, Tractor dealers etc.
Lack of access to savings mechanisms and credit is one of the biggest challenges for villagers in India. According to a World Bank study, in Andhra Pradesh, 59% of rural households lack access to deposit accounts and 79% don’t have borrowing facility from the organised financial sector. Ignatius of Loyola, who after being wounded in a battle, experienced a religious conversion and composed the Spiritual Exercises to closely follow Christ. The fresco was created by Johann Christoph Handke in the Church of Our Lady Of the Snow in Olomouc after 1743. You can tell us if you want to remove any of the result which is affending, voilent or because of any other reason.
Buying these uniforms must put immense strain on the family finances, but education is highly valued.


This represents a cumulative liquid wealth of $203 billion, estimated to go up to $322 billion by 2009.
This acts as a big incentive for people to invest in jewellery as principal amount is secure. Banks can extend loans to people to buy jewellery, whereby interest is charged differently for the value of the metal (lower interest rate) and higher for the loan against workmanship.
Bankers too complain that though the rural potential is huge, they don’t have enough knowledge about the rural customer. The population is growing faster than schools can be built to accommodate them, so the schools work on a shift system.



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