User:Seeni inn

Moneylenders from South India It is sad that the entire community of Nattukkottai chettiyars were branded as enemies to the nation of Burma and banned entry by the local government.In addition to the loss of several lives during the world war, the properties were left abandoned. In the present globalization trend,the steps taken by the global trader/entrepreneur in any part of the world  are worse when compared to the services rendered  by Chettiyars to the society of Burma ,Their contribution to the society by providing loans to agriculture field which no bank or financial institutions came forward to do, were commendable. In addition to providing farm loans, chettiyars were exporting rice from Burma to nearby countries with Headquarters at Devakottai. The then Viceroy took initiative to send his envoy to find out from the chettiyar as to what were his further needs in developing the export trade. the pity is that when lot of Banks are offering credit and Banking has come to light, the world has conferred special title to a Bangladeshi person for micro credit and claimed it as a venture (here also, the interest charged  is not of any marginal level,it is only next to usurious interest)Whereas in the olden days when there were no communication/transportation  advancement, a community really took initiative to further the interest of any nation wherever they went.It is very much miserable that though they were mot recognized but were  charged falsely under so many pretexts inducing social banning. Now all these countries are paying the premium.