I want to start a JILL JILL BANK !!! Is it possible?

Question

Give all the Indians the CREDIT CARDS for more than life time credit card repayable at the rate of 5% per year repayable in 200 years.
Start a Personal Loan division and give all the poor Indians one crore rupees repayable after 200 years at the rate of 5% per year.

Will the World Bank give finance.and help the poor Indians with rupees one crore so that the money problem of the poor people gets solved immediately.

If you are an Indian and if you are poor you will get one crore rupees from the JILL JILL BANK.

Answer 1

I think the world bank will buy some locks before it lends once lends the money then will close with those locks .
Dude I dont want to criticise ur idea but such things only work better in movies .
Hope I am harsh

Answer 2

I understand u deeply and whole heartedly want to help the poor people of our country and would like the world bank to finance u for this purpose, but i even expect u to think twice before taking any such suggestion step to the world bank coz first of all u as an individual cannot open up a bank all by urself u need to manage to get sumwhere around 10 more people so as to start up a banking institution as per the RBI Guidelines and on the other hand be in a position to convince the world bank in such a way that u can impress them with this idea!
and before making the poor people rich u have to be very well prepared to make urself poor!!!!!!!!!!
anyways ALL THE VERY BEST for ur plan of opening up the so called JILL JILL BANK, AND COMING DOWN TUMBLING AFTER!!!!!!!

Answer 3

Yes if you have a Jack Like financer , the Jill would get automatically the Loan to start a bank in its own Name as happened in most of the WEST but for Eastern Jill's it is a simple
proposition. finances come through a different unrecognised route.

Answer 4

yes i was very pleased to hear from u as i needed v badly for my family ,thanks in adv.