MoneySmall business
Help Seung-woo restart a bicycle repair shop in Seoul after the demolition of the market
Seung-woo lost a full set of tools to the demolition of the market and needs $1,850 to reopen a bicycle repair shop and support the family.
🇰🇷 South Korea1,072 views
For nine years I have run a bicycle repair shop in Seoul. In December, 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 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 $1,850 goes:
• Working capital for the first month: $360
• Shop repairs and licensing: $240
• Replacing a full set of tools: $1,250
With deep gratitude,
Seung-woo
Updates from Seung-woo
19% there. I made the first payment toward replacing a full set of tools. Thank you.
Update from Seoul: I made the first payment toward replacing a full set of tools. We're at 10% of the goal. Thank you for believing in us.
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how is Seung-woo doing now?
Thinking of you, Seung-woo. Small businesses are the heart of Seoul. Hope you're open again soon. Greetings from Boulogne-Billancourt
Sending good thoughts. Shared this with my family. I hope February is when things finally get easier
Sending love, Seung-woo. Your post was clear and honest. Greetings from Leeds.