MoneySmall business
Dinesh needs a full set of tools to reopen a bicycle repair shop
Dinesh has run a bicycle repair shop for fifteen years; a break-in destroyed the equipment, and $600 will put it back on its feet.
🇮🇳 Mangaluru, Karnataka, India1,481 views
For fifteen years I have run a bicycle repair shop in Mangaluru. In August, a break-in took a full set of tools. I have no insurance, and the bank won't lend to me.
Before that, my customers came every Friday, and I employed 3 people from the neighborhood. I have been out of business for 6 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 $600 goes:
• Replacing a full set of tools: $340
• Initial stock: spare parts: $115
• Shop repairs and licensing: $60
• Working capital for the first month: $85
With deep gratitude,
Dinesh
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Good luck, Dinesh. Hope the shop reopens soon. Put this on a community board in Guadalajara this morning. All the best.