770905 - Letter to Loan Agreement written from Bhaktivedanta Manor, UK
September 5, 1977
I, A.C. Bhaktivedanta Swami, Founder-Acarya of the International Society for Krishna Consciousness, am giving a loan of Rs. 16,00,000/- (Rupees Sixteen Lacs only) for the purposes of the completion of the Temple and Guest House at Hare Krishna Land, Juhu, Bombay. The Management of ISKCON-Bombay will pay this loan back, with the first payment due on the 30th of November, 1977. The loan will be payable over a period of two years in twenty-four equal installments with 10 percent interest charged. As the loan was given in three parts, one in August, one in September, and in October, 10 percent interest will also be charged for loaning these amounts through November, 1977. The Monthly Installment payable in Rs. 75,533/39 (Rupees Seventy-five thousand, Five Hundred and Thirty-three and thirty-nine Paisa only).
A.C. Bhaktivedanta Swami
We, the Executive Directors of ISKCON Bombay, agree to all of the above terms.
- Giriraj das Brahmachari
- President, Executive Director
- Gopal Krishna das Adhikari
- GBC and Executive Director
- Tamal Krishna Goswami
- Executive Director
- Bali Mardan Das Adhikari
- Guest House Director
- Surabhir Abhipalayantam das Swami
- Project Director