MoneySmall business
Start-up fund for Bolaji: reopening a sewing studio after floodwater
Bolaji has run a sewing studio for fifteen years; floodwater destroyed the equipment, and $550 will put it back on its feet.
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For fifteen years I have run a sewing studio in Lagos. In August, floodwater took a cutting table and overlocker. I have no insurance, and the bank won't lend to me.
Before that, my customers came every Tuesday, and I employed 2 people from the neighborhood. I have been out of business for 10 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 $550 goes:
• Shop repairs and licensing: $80
• Working capital for the first month: $55
• Replacing a cutting table and overlocker: $415
Thank you so much.
- Bolaji
Updates from Bolaji
Wanted to say thank you properly. 12% funded and we've booked the dates and paid the deposit. - Bolaji
Wanted to say thank you properly. 7% funded and the plan for replacing a cutting table and overlocker is now scheduled.
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“Hang in there. Thought of Bolaji all day after reading this. - Aswan”
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