Posted by: kalopani January 19, 2011
Returning to Nepal
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if you think of doing business in Nepal you better have lots of ropanis inside ktm because banks don't give unsecured loans. the dude who was saying in Nepal we don't have to pay taxes so we can invest better than US is forgetting the fact that in order to start a business you got to have enough capital or have decent collateral to get loans from banks. Also don't forget that those banks give you 12% interst to get your money i am sure they would charge about 18% to give you loans. seriously the Nepali banks are robbers. Also unlike in USA if you want to do business in Nepal it all boils down to who you know and who are you. you have to have strong family ties with the influentials and know madbadis who control the business world. seriously, to prosper i Nepali business world is how you play your cards with these marbadis who can make you a begger in months if you piss them off.And don't forget the the new netas and their relatives , familes etc.they roam around like they own the world and you can't call for law you come rescue you. if you don't have rich and i mean filty rich say 6 ropanis land inside ktm and at least 10 carore in capital don't even thnink you are going to strive in Nepal just with ideas.
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