MoneySmall businessUrgent
Start-up fund for Alok: reopening a phone repair counter after a fire in the building
Alok has run a phone repair counter for three years; a fire in the building destroyed the equipment, and $2,850 will put it back on its feet.
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For three years I have run a phone repair counter in Manchester. In July, a fire in the building took a soldering station and testing tools. I have no insurance, and the bank won't lend to me.
Before that, my customers came every Thursday, and I employed 2 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 $2,850 goes:
• Replacing a soldering station and testing tools: $1,150
• Initial stock: replacement parts: $830
• Shop repairs and licensing: $460
• Working capital for the first month: $410
Ask me anything below before you decide. I'd rather you were sure.
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Sending strength. I've been in a tough spot myself and it does get easier. Thinking of Manchester
thinking of you. Everyone deserves a bit of help sometimes. Our whole street has been following this since the weekend. Take care.
hope it all works out. Shared this with my family. Don't give up