MoneySmall business
Start-up fund for Iwan: reopening a neighborhood bakery after a break-in
Iwan lost a commercial oven to a break-in and needs $550 to reopen a neighborhood bakery and support the family.
🇮🇩 Denpasar, Bali, Indonesia1,415 views
For six years I have run a neighborhood bakery in Denpasar. In October, a break-in took a commercial oven. I have no insurance, and the bank won't lend to me.
Before that, my customers came every Saturday, 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 $550 goes:
• Replacing a commercial oven: $350
• Initial stock: flour, butter and sugar: $65
• Shop repairs and licensing: $75
• Working capital for the first month: $60
Ask me anything below before you decide. I'd rather you were sure.
- Iwan
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hope you make a strong comeback. Thinking of Denpasar!