Pawn shop's cash drained
Pawn shop's cash drained
MAUMERE, East Nusa Tenggara (JP): A pawn shop in Sikka regency
here has been running short of cash due to stiff demand for funds
by people unable to get bank loans.
The head of the Sikka branch of state-run Perum Pegadaian,
Herman Harnon, said the shop had been experiencing the problem
since August.
The shop has been overrun every day, he said without
disclosing the total value of items pawned or the amount of money
borrowed. He said most people were pawning jewelry. (yac)