MoneySmall business
Start-up fund for Ganesh: reopening a bicycle repair shop after a long illness and repossession
Ganesh lost a full set of tools to a long illness and repossession and needs $400 to reopen a bicycle repair shop and support the family.
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For fifteen years I have run a bicycle repair shop in Nagpur. In January, a long illness and repossession 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 2 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 $400 goes:
• Working capital for the first month: $95
• Replacing a full set of tools: $220
• Initial stock: spare parts: $85
With deep gratitude,
Ganesh
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