Dear Sir,
We are working with the farmers. We formed Farmers Producer Companies and now trying for their business development. Through these companies we are trying to connect farmers directly to the Market, Millers and with the Buyers.
Under the same initiative I tied up with one buyers and had a simple agreement, in agreement the buyer were agreed on to released the payment after 10 days against procured goods. Initially the buyer released the amount on time but now he is giving excuses he is telling that he is waiting for bank loan, he haven’t received amount which has to come.
Now farmers are in trouble, because most farmers carried out their field job in credit, people asking farmers for their dues but still buyer is not giving any commitment reading the releasing the amount, the farmer is helpless. I am really frustrate, can’t able to understand what to do. Please guide.
Regards.
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