Sekar's sister Mina had also taken a loan from the trader.She does not...
Conversation between Mina and the Trader's Agent:
Mina: Good morning! I heard that you are the agent of the trader from whom I took a loan. I wanted to discuss something regarding the loan.
Trader's Agent: Good morning, Mina. Yes, I am the agent. How can I assist you?
Mina: Well, I have been thinking about my paddy. I don't want to sell it to the trader. Instead, I would like to pay back the loan in cash. Is that possible?
Trader's Agent: I understand your concern, Mina. However, the loan agreement clearly states that the trader has the right to collect the paddy as repayment. It is the usual practice in such cases.
Mina: I understand that, but I have been offered a better price for my paddy by another buyer. If I sell it to them, I can repay the loan in cash. It will be more convenient for me.
Trader's Agent: I can empathize with your situation, Mina, but the trader has already invested a significant amount in your loan. He expects to collect the paddy as repayment. Selling it to someone else would not be fair to him.
Mina: I understand the trader's perspective, but I am also concerned about my own financial stability. If I sell the paddy to another buyer, I can clear my debt and have some extra money to support my family.
Trader's Agent: I understand your concerns, Mina, but I'm afraid I cannot make any changes to the loan agreement. If you are unable to repay the loan with paddy, the trader may have to take legal action to recover the amount.
Mina: I don't want to get into any legal troubles. Is there any way we can find a middle ground? Can I repay a part of the loan in cash and give the remaining amount in paddy?
Trader's Agent: That can be a possible solution, Mina. Let me discuss it with the trader and see if he agrees. I'll get back to you with his decision as soon as possible.
Mina: Thank you for considering my request. I really hope we can find a solution that works for both parties.
Trader's Agent: You're welcome, Mina. I'll do my best to find a favorable resolution. I'll be in touch soon.
Key Points:
- Mina wants to pay back her loan in cash instead of selling her paddy to the trader.
- The trader's agent explains that the loan agreement gives the trader the right to collect the paddy as repayment.
- Mina argues that she has a better offer for her paddy from another buyer.
- The trader's agent acknowledges Mina's concerns but emphasizes the trader's investment in the loan.
- Mina suggests a compromise of repaying a part of the loan in cash and the remaining amount in paddy.
- The trader's agent agrees to discuss the compromise with the trader and get back to Mina with a decision.
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