JUN URSOS, KUYA REY, GRACE MERIN, SUZETTE TIMAAN JULISON AMOREN..ALL OF US AGREED TO THE IDEA OF PROPOSING SOME GOOD THNGS FOR THE FAMILYY

JUN URSOS, KUYA REY, GRACE MERIN, SUZETTE TIMAAN JULISON AMOREN..ALL OF US AGREED TO THE IDEA OF PROPOSING SOME GOOD THNGS FOR THE FAMILY FROM THE URSOS FILES : WEBSITE http://ursosfiles.blogspot.com/ ======================= Dr. Jun Ursos shared this one... WE NEED TO ESTABLISH A MEANS TO ASSIST OUR CLAN MEMBERS TO SURVIVE AND SUCCEED.

. I'm floating this ideas as conversation starters. That means, I'm not claiming these ideas are THE ONLY way. This post should encourage others to think...and share their ideas ; I propose that the Ursos Clan go into a LENDING BUSINESS VENTURE. You may also call it, let's incorporate and create a BANK; With the following GOAL: to provide capital to duly approved loans for any local and financially viable small-scale business ideas or projects from any Ursos clan member in particular and/or the community in general. Its CHARACTERISTICS would be: 1. small, short term business loan 2. low interest rate for all Ursos clan members 3. basically income generating project Personal loans for nonbusiness purposes (like vacations, or renovating your house) will be allowed only after a few years when the business venture can withstand losses; This business may succeed with the following initial STRATEGIES: 1. generate capital in 3-9 years (or more) 2. install a good educational program to inform the members and gather business proposals 3. choose one or two business proposals with a high chance of success as a start. 4. organize chapters for education and income generation purposes 5. train Ursos clan members to run the company 6. develop means to make the business a good investment vehicle for all Ursos clan members..; SUCCESS, in both levels of our lending business and the loan applicant, should be defined as: 1. progressive income generation 2. problem-free in repayment of loans 3. high number of Ursos clan members benefitted 4. augmented capital for the bank/lending business..; How do we GENERATE THE NECESSARY CAPITAL? Consider these: 1. Every adult Ursos contributes Php10.00 per month for 3-9 years! P10/month x 12 months = P120.00 x 3 years = P360 x 1000 Ursos members = P360,000 a. I gathered from Rey's post that there are an estimated 1,000 Ursoses, probably more. b. The amount can be changed to P20 and you will arrive at a bigger amount in short a time c. Retain P10/month contribution but increase the number of years of collection to ensure the survival of the business. That's P1.08 million in 9 years! But the above example calculation will allow serving loans as early as the 3rd year! d. it presupposes that all 1000 Ursoses will contribute and contribute regularly without fail. 2. Receive donations from well off Ursos members 3. Receive donations from other business institutions. 4. Receive donations from the general community 5. Matching donations from any Ursos member. For example, for every P10,000 donation or contribution made by the Ursos clan, it will be matched 5 times (P50,000) from an Ursos member or group of Ursos members..; 6. Make as an incentive to convert individual contributions into "shares of stock" with the dividends reinfused back to the capital for reinvestment. A. Is this idea doable? B. Is this the most appropriate business idea for the clan based on local or national financial conditions? C. Do you have any other ideas? If so, post it here in our FB wall for our leaders/elders to consider when they finally decide to sit down and do something about their desire to help the clan. D. Other ideas: pension & retirement plan, life and non-life insurance plans, education funds..; THIS IS SOME PROPOSALS OF DR. JUN URSOS AND I LIKE IT. I ALWAYS TALK WITH JULISON URSOS AMOREN AND BOTH OF US AGREE TO PROPOSE A SELF LIQUIDATING ENTERPRIZE ANYWAY WE DO IT FOR THE FAMILY...ITS NOT FOR US.. BUT THE PROJECT WILL MAKE US CONTINUE IN A MORE MEANINGFUL FRIENDSHIP ; ;