MoneySmall business
Start-up fund for Cường: reopening a bicycle repair shop after the demolition of the market
Cường has run a bicycle repair shop for six years; the demolition of the market destroyed the equipment, and $550 will put it back on its feet.
🇻🇳 Vietnam809 views
For six years I have run a bicycle repair shop in Cầu Giấy. In June, 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 Sunday, and I employed 3 people from the neighborhood. I have been out of business for 5 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:
• Working capital for the first month: $120
• Shop repairs and licensing: $80
• Replacing a full set of tools: $350
Whatever you can give, even just sharing this page, means a lot.
- Cường
Updates from Cường
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- Mrunal S. Desai 🇮🇳 · $116
“Hope this helps! - Kanpur”
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Keep going, Cường. Shared it with a few friends. Sent it to 11 people at work. Take care!
How is Cường doing now?
Sending strength, Cường. Hope you make a strong comeback. Don't be hard on yourself for asking. All the best!
so sorry you're going through this, Cường. Small businesses are the heart of Cầu Giấy. Hope you're open again soon. Blessings.