Tradesmen in the trap of loan sharks

Tradesmen in the trap of loan sharks
Date: 17.9.2018 17:00

Tradesmen have had hard times because of currency fluctuations and hikes, while stockists and usurers are delighted with the situation. Turkey's largest wholesaler in the center of Istanbul Bazaar Wholesalers (ISTOC) prices are changing even during the day, it continues to drive uncertainty.

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Tradesmen have had hard times because of currency fluctuations and hikes, while stockists and usurers are delighted with the situation. Turkey's largest wholesaler in the center of Istanbul Bazaar Wholesalers (ISTOC) prices are changing even during the day, it continues to drive uncertainty.
 
ISTOC hit by economic crisis which is considered the heart of the commercial center of the biggest wholesaler in Turkey. The streets were empty and the tradesman started to close the shutters in İSTOÇ. In the case of ISTOÇ, who are unable to pay their debts and are obliged to borrow money from the usurers, the shopkeepers who are constantly harming are struggling with the crisis in uncertainty. Speaking to the Milli Gazete, the shopkeepers traders warned against the usurers by stating that they were trying not to hurt the profit.
 
Hüseyin Oğuz, who explained that they are in such a difficult position for years, this shows how deep the economic crisis is. We usually sell goods to Iran. Due to the rise of the currency, which is the currency of Iran, our trade to Iran has stopped. We cannot trade with Europe already. Our goal is not to profit anymore. It is enough for us to rent our rent at the end of the month. Normally there would be continuous traffic in İSTOÇ. Things have not improved since Ramadan. The loan sharks are here. The tradesmen who cannot give a check on the end of the month can not get a loan because they owed the bank. There is no money in other trades. He takes it from a loan shark Oguz said that the dismissals started at the market, the tradesman pays for months. Two more in the warehouse. The state will have to give unemployment benefits. This will be a huge burden on the economy.
 
Yasin Karmil, who sells stationery, said, sat Raw material prices are also rising due to the rise of the dollar. We are also obliged to reflect this on the property. Paper prices can sometimes change five times a day. One day we sell to three, the next day we have to sell five. This, in turn, turns out to be bad for both the manufacturer and the shopkeeper. In a week or two we expect the situation to be certain, he said. Another trades complaining about paper prices, aya three months ago, 3 pounds I made a carton box, now 7 pounds is made difficult. They sold us paper mills and forced us to import. As the dollar rises, we have nothing. Foreign investors are also using the increase in foreign exchange.
 
Doğukan Öztürk, who deals with the plastics trade, said that he was complaining of heavy taxes. Large companies do not release the goods in their hands.
 
"We're in the middle of the trade, but nobody has any money." he said.
 
Kemal SALA / Milli Gazete

YEREL HABERLER

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