Paying Price Difference
Fundraising campaign by
Sherzod Berdiyorov
-
US$0.00raised of $51,800.00 goal goal
Campaign Story
Zara Investment Group is a company that is well established in the leasing industry. We began operation in April of 2013, as a small auto leasing company that helped local business and local citizens with their needs.
During the last three years, our sales amount was $560,000 and we brought home a profitable $72,000.
Due to the dramatic economic changes in our country, currency rate increased from 4200 to 8100 for 1 US dollar suddenly. It affected to the whole local market and prices started growing for cars and trucks too.
We signed a credit contract for buying a new cars and trucks with monopole local car manufacturers for the amount of 250000$ (11 cars and 3 trucks). After currency rate change, price for cars increased at least 54 %, for trucks 140%.
According to monopole company’s contract terms, if there is an increase in price, the other part have to pay it.
So, we are experiencing financial difficulties for the last 4 months.
Due to economic changes in the country, commercial and state banks had stopped giving credits for a limited time. So, we can’t take a new credit line.
We need extra 51 800$ for maintaining stable balance. We decided to ask this amount of money from our friends, relatives on the network. Your 10$ or 100$ help means a lot to us in the current situation.
We pay back to you until the end of July 2018.
Please take a moment and review this request letter. If you feel that you can help our company in our latest endeavor, we would love to hear from you.
Organizer
- Sherzod Berdiyorov
- Campaign Owner
No updates for this campaign just yet