What if Kothar donates 10% of its wealth??

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Aarif
Posts: 1426
Joined: Thu Jan 24, 2008 5:01 am

What if Kothar donates 10% of its wealth??

#1

Unread post by Aarif » Mon Feb 04, 2008 7:25 pm

We all know that the Dawoodi Bohra population is roughly 1.2 million.

Out of this lets assume that 30% of the people are in dire need of financial support for the betterment of their lives.

30% of 1.2 million = 400,000

If each person is helped with 1 million rupees then the total amount comes to 400 crore Rupees or roughly 120 million dollars

These 400,000 people if considered as families instead of individuals then it will be somewhere between 100,000 to 150,000 families. Hence instead of each individual even if each family is helped then this amount will become half i.e. 60-70 million dollars.

I feel that 70 million dollars is peanuts for Syedna who is the "SOUL" Proprietor of Dawoodi Bohra Community Private Ltd. At the most it is 10% of his company's total net worth.

So if his organization donates this money our community can potentially become the most prosporous community among muslims. There will be no poor and no beggers. With right direction and help most of the people (if not all) can make good use of this money. Once they become prosporous they can contribute more to the community. Over a period of time Kothar will recover its investment.

Sounds like a mini business plan. However, the Multi-Billion dollar question is will Kothar ever do this kind of a thing? Will respected Syedna Saheb for once financially help the community to make it the most prosporous one?

jayanti
Posts: 268
Joined: Sun Jul 29, 2007 4:01 am

Re: What if Kothar donates 10% of its wealth??

#2

Unread post by jayanti » Mon Feb 04, 2008 10:16 pm

aaref
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
We all know that the Dawoodi Bohra population is roughly 1.2 million.

Out of this lets assume that 30% of the people are in dire need of financial support for the betterment of their lives.

30% of 1.2 million = 400,000

If each person is helped with 1 million rupees then the total amount comes to 400 crore Rupees or roughly 120 million dollars

These 400,000 people if considered as families instead of individuals then it will be somewhere between 100,000 to 150,000 families. Hence instead of each individual even if each family is helped then this amount will become half i.e. 60-70 million dollars.

I feel that 70 million dollars is peanuts for Syedna who is the "SOUL" Proprietor of Dawoodi Bohra Community Private Ltd. At the most it is 10% of his company's total net worth.

So if his organization donates this money our community can potentially become the most prosporous community among muslims. There will be no poor and no beggers. With right direction and help most of the people (if not all) can make good use of this money. Once they become prosporous they can contribute more to the community. Over a period of time Kothar will recover its investment.

Sounds like a mini business plan. However, the Multi-Billion dollar question is will Kothar ever do this kind of a thing? Will respected Syedna Saheb for once financially help the community to make it the most prosporous one?
--------------------------------------------------------------------------------
do u need money? or whom u asking for?
and r u dawoodi bohra?

Aarif
Posts: 1426
Joined: Thu Jan 24, 2008 5:01 am

Re: What if Kothar donates 10% of its wealth??

#3

Unread post by Aarif » Mon Feb 04, 2008 10:27 pm

Jai Aunty,

Why don't you go and have fun with Uncle. :D :D

jayanti
Posts: 268
Joined: Sun Jul 29, 2007 4:01 am

Re: What if Kothar donates 10% of its wealth??

#4

Unread post by jayanti » Mon Feb 04, 2008 11:30 pm

aaref
i am having fun what about u? :)

mumineen
Posts: 494
Joined: Sun Dec 10, 2000 5:01 am

Re: What if Kothar donates 10% of its wealth??

#5

Unread post by mumineen » Tue Feb 05, 2008 1:13 am

What if?

- The Pope decided to get married?

- The Ayatollah decided to "kosher" swine products?

- Pigs flew?

thinker
Posts: 24
Joined: Mon Dec 11, 2000 5:01 am

Re: What if Kothar donates 10% of its wealth??

#6

Unread post by thinker » Thu Feb 07, 2008 1:00 am

I would like to point out a discrepancy in AAref's calculations:

If there are 1.2 million bohras, with 30% needing support to the amount of Rs 1 million, then total expenditure is not Rs 400 crore, but Rs 36000 crore.

(1200000 * 0.3) * 1000000 = Rs 360000000000 = Rs 36000 crore = $10 billion

Rs 36000 crore which is approximately $10 billion.

Just wanted to get the numbers right.

mumineen
Posts: 494
Joined: Sun Dec 10, 2000 5:01 am

Re: What if Kothar donates 10% of its wealth??

#7

Unread post by mumineen » Thu Feb 07, 2008 1:49 am

thinker or a picky PAKI?

Who cares a flying f..k?

SBM
Posts: 6508
Joined: Sun May 09, 2004 4:01 am

Re: What if Kothar donates 10% of its wealth??

#8

Unread post by SBM » Thu Feb 07, 2008 11:41 am

Admin:
How can you allow the language in last posting by MUMINEEN.This should be deleted.

Aarif
Posts: 1426
Joined: Thu Jan 24, 2008 5:01 am

Re: What if Kothar donates 10% of its wealth??

#9

Unread post by Aarif » Thu Feb 07, 2008 2:50 pm

Brother thinker,

I agree I made a mistake in calculation. I did not use the calc to do it. I think that more then the actual amount the initiative from Kothar is more important. Even if we stick to the original figure of 400 crores it can help our community to become one of the most prosporous muslim community. I hope you atleast agree with that... If you do then my post still makes sense..

Aarif

mumineen
Posts: 494
Joined: Sun Dec 10, 2000 5:01 am

Re: What if Kothar donates 10% of its wealth??

#10

Unread post by mumineen » Thu Feb 07, 2008 5:38 pm

omabharti:

You've got a mono-track and dirty mind, haven't you buddy?. By "f..k" I could have meant, fork, folk, funk, frik or other such innocent words!!!!

However, if you meant what I think you mean, then the following will respond to your complaint to the Admin: But a friendly warning

- for your ears only; others may catch "hearing aids".

http://www.metacafe.com/watch/372665/th ... _word_f_k/

SBM
Posts: 6508
Joined: Sun May 09, 2004 4:01 am

Re: What if Kothar donates 10% of its wealth??

#11

Unread post by SBM » Thu Feb 07, 2008 6:40 pm

Br. Mumineen
Then in that case you should have written complete word, I am sure Admin or you did not need to put ** between f and K if you meant fork or words similar to that.

thinker
Posts: 24
Joined: Mon Dec 11, 2000 5:01 am

Re: What if Kothar donates 10% of its wealth??

#12

Unread post by thinker » Thu Feb 07, 2008 10:43 pm

I agree with you Aareef, so let us not get distracted with numbers. As no proper auditing of funds is possible or available, any dollar figure is speculation at best.

But still it is an interesting question which you have raised. Of-course I agree that it is improbable that the Kothar will agree to do what you are suggesting, but that does not invalidate the asking of the question and wondering what the outcome would be if we were living in more enlightened times.

I believe that the wealth is not Kothar's in the first place, but it is the communities as a whole. Their appropriating it does not make it theirs. Thus the question should be that if we as a community have substantial financial resources and we had people in charge who had the communities welfare in mind, what would be the effect of managing these resources for the betterment of all? What schemes could be implemented, how many people's lives would be improved and empowered?

Aarif
Posts: 1426
Joined: Thu Jan 24, 2008 5:01 am

Re: What if Kothar donates 10% of its wealth??

#13

Unread post by Aarif » Fri Feb 08, 2008 6:06 pm

I believe that the wealth is not Kothar's in the first place, but it is the communities as a whole. Their appropriating it does not make it theirs.
Your belief is right but unfortunately that's the way it is right now or atleast that's what they think.
Thus the question should be that if we as a community have substantial financial resources and we had people in charge who had the communities welfare in mind, what would be the effect of managing these resources for the betterment of all?
We cannot ask this question because the current administration (even though highly corrupt) is very powerful. So before bringing in the right people we need to throw out the existing ones and that at moment looks extremely difficult. So since we cannot replace Kothar at this point of time and if somehow they can be made to contribute some percentage of the ill-gotten wealth for the benefit of community it will be a good starter.