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AyRojgar
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Mixed experienceA grocery shop owner in Rajbari, in a Dainik Amar Bangladesh report

Capital stuck in the credit book, and nothing left to restock with

Goods go out on credit from this school-side grocery but the money does not come back, leaving the owner unable to restock.

This shopkeeper's grocery stands at Baruagram in Baharpur union, Baliakandi, Rajbari, with a primary school on one side and a high school on the other. Neighbours and students buy on credit, and much of that money never comes back. Stock leaves the shelf but the cash does not rotate into new stock, so restocking the shop and meeting the household's daily costs have both become hard. He says he does not want to quarrel with anyone and asks those who took goods on credit to repay as they are able. Neither the outstanding amount nor his capital is given in the report.

Lessons

  1. 1.Selling on credit moves the goods and freezes the cash: the capital ends up in the book, not in the shop
  2. 2.A shop beside schools gets the footfall and the heaviest pressure for credit; set the limit before you open, not after

Published with the person's permission, without revealing who they are.

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