MoneySmall business
Help Karan restart a bicycle repair shop in Coimbatore after the demolition of the market
Karan has run a bicycle repair shop for four years; the demolition of the market destroyed the equipment, and $350 will put it back on its feet.
🇮🇳 India190 views
For four years I have run a bicycle repair shop in Coimbatore. In April, the demolition of the market 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 4 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 $350 goes:
• Replacing a full set of tools: $160
• Initial stock: spare parts: $125
• Shop repairs and licensing: $30
• Working capital for the first month: $35
Glad we found this place.
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Good luck, Karan. Shared this with my family. We had a similar scare last year, I know what it feels like. All the best