MoneySmall business
Start-up fund for Anand: reopening a phone repair counter after floodwater
Anand has run a phone repair counter for three years; floodwater destroyed the equipment, and $700 will put it back on its feet.
🇮🇳 Ahmedabad, Gujarat, India731 views
For three years I have run a phone repair counter in Ahmedabad. In October, floodwater 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 Monday, and I employed 1 people from the neighborhood. I have been out of business for 8 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 $700 goes:
• Replacing a soldering station and testing tools: $460
• Initial stock: replacement parts: $75
• Shop repairs and licensing: $75
• Working capital for the first month: $90
Every share and every dollar helps.
- Anand
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