Business Start up – Short fall

Dear Friends,

My Name is Sagar Lal and I have completed my Masters in Financial Markets, I was working with an Arbitrage Company in India for ‘7’ years and due to the severe economic down turn I was laid off in the month of June ‘2013.

I was one among many who were laid off and I could see and feel the consequences of not having a job and pay check required to maintain your day to day affairs, specially in our Country where in, there is nothing like Job Seeker allowance as one has to take care of his/her own needs.

While thinking about my colleagues and the many who have been affected by the economic down turn I decided to start up a business in the area of my expertise, which is arbitration (risk less profit), which in turn will help me to create employment and give at least few people the basic needs that would enable them to take care of their personal and family requirements.

While planning to set up the Arbitration firm and while working the cost it turned out to be a whopping USD 2.5 million (Rs. 15.5 Crore), however I was able to raise USD 1.7 Million (Rs. 10.7 Crore) after mortgaging my house, selling of my personal assets, postponing my wedding etc. there is still a shortfall of USD 800,000 (Rs 4.8 Crore), therefore I decided to request the noble and generous people via this site to help me cover the shortfall and help me in completing my dreams, so I can help others. I know it’s a huge amount what I am asking for, therefore any amount will be highly appreciated.   

If I am successful in raising this amount, I will be starting my firm initially with 75 employees and with god's grace and our hard work, I will be able to create 500 employments within the next 3 years.

Therefore, it is my sincere request if the generous and the kind people in this world can contribute some amount towards this noble cause