Your plan yields a small profit, which you deposit at the agent. "If you're not ready to register as a merchant," she says, "you can get a microloan to purchase more high quality vegetables." You use your phone to apply and receive $25 immediately.
What should you do?
You decide to again re-invest your additional profits, plus the loan, to buy higher quality produce to double the profits.
Buying more vegetables risks not being able to sell them all and taking a loss. You use the extra profits and loan to pay your school fees.
Related findings factor Economic Hierarchies
