My name is Abdur Rob. I'm a desperate family member from Bangladesh. I'm here to request you to help me for saving our only home from a big bank loan (approx 7,000 USD). One of our family crisis made us to take the loan using our only home place papers. Every year we've been giving around BDT65,000+ (approx 815 USD) as interest. It's been 5 years and we've failed to return a single coin of main money but interest. Yearly interest money also a big challenge for us.
Reason behind the loan:
My 2nd elder brother had a economical problem and ask help from my father. My father thought a way that send him abroad, so that he can work and solve his family economical issue. In the same time my younger brother needed some money to invest his shop. As a father, he had to help his sons, but he hadn't no money at all. Then he discussed with them about the loan and they said they will pay the bank loan by their own. After that my father agreed with them and signed the papers. Few days later, my 2nd elder brother refused to go abroad because of his wife and kids. And that's why my younger brother decided to spent all money to invest in his shop and he promised to return loan and interest by his shop return. But unfortunately within a year, he failed in his shop business and unable to pay a single coin. Though he is been paying the yearly interest with help of my father. We tried every possible way to get over from this loan but failed. Still trying to get a way.
Here is my family condition now:
We are 4 brothers and 1 sister. My father (65 years old) is a day laborer (monthly earning approx $100), my mother is housewife (56 years old), my elder brother (38) works for Bangladesh Army, but all of his income goes for his own family (wife and 3 babies) cost and that's not sometime enough. 2nd elder brother (34) works in a local company but his salary is too small that he is struggling to maintaining his own family (wife and 2 babies) cost. Then my sister (31) who lives with her husband but low quality survival life. After then it's me (26). I am doing masters in Information Technology with a scholarship in Kenya. Our last born is my younger brother (23) and he is doing a small business but his total earning is enough for his own life. So none of my family member has ability to spare some money to return the bank loan. We've been trying this for 5 years.
On the other hand, my father is passing every night with depression by thinking about the loan. He had heart stroke for two times because of this loan. My mother told me that my father don't sleep well at night and passed lot of night without even sleeping.
It's been 5 years we're trying to return the bank loan, but never able to return a single coin of main money. I'm not sure when I will be able to earn enough money to return the loan and save our home. On the other hand, my father is passing a depressed life and anything could happy anytime.
I want to save father and same our home from the bank load. Please help me.
Thank you all.