MoneySmall businessUrgent
Back to business - Abosede's comeback in Nnewi
Abosede lost a full set of tools to floodwater and needs $550 to reopen a bicycle repair shop and support the family.
🇳🇬 Nigeria1,157 views
For fifteen years I have run a bicycle repair shop in Nnewi. In January, floodwater took a full set of tools. I have no insurance, and the bank won't lend to me.
Before that, my customers came every Monday, and I employed 1 people from the neighborhood. I have been out of business for 10 weeks.
This business pays my children's school fees and rent. I have already started working from home in small ways, but I can't meet orders without proper equipment.
Every contribution brings me closer to reopening, and I promise to post photos as I buy each item.
Once I'm back on my feet I plan to hire back the people I had to let go.
Where the $550 goes:
• Replacing a full set of tools: $360
• Initial stock: spare parts: $95
• Shop repairs and licensing: $55
• Working capital for the first month: $40
With deep gratitude,
Abosede
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Wishing you the best, Abosede. Your post was clear and honest. I went through something like this 4 years ago and strangers helped me out. God bless.