MoneySmall businessUrgent
Start-up fund for Kyung-soo: reopening a phone repair counter after a long illness and repossession
Kyung-soo has run a phone repair counter for six years; a long illness and repossession destroyed the equipment, and $3,100 will put it back on its feet.
🇰🇷 South Korea3,044 views
For six years I have run a phone repair counter in Suwon. In August, a long illness and repossession 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 Tuesday, and I employed 1 people from the neighborhood. I have been out of business for 7 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 $3,100 goes:
• Replacing a soldering station and testing tools: $2,000
• Initial stock: replacement parts: $350
• Shop repairs and licensing: $180
• Working capital for the first month: $570
Even a small gift gets used right away and I'll thank you myself.
- Kyung-soo
Updates from Kyung-soo
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“Thought of Kyung-soo all day after reading this. - Nashik”
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“Hope this helps. My neighbor told me about this one. - Rockford”
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“Hang in there. Thought of Kyung-soo all day after reading this. - New Delhi”
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“Get well soon. My colleague told me about this one. - Surrey”
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so sorry you're going through this, Kyung-soo. I hope things turn around soon. I'm in farming myself and wanted you to know we're cheering for you.
rooting for you, Kyung-soo. Hope you get there. God bless.
Keep going, Kyung-soo. Your post was clear and honest. After 22 years in customer support I know how hard it's to ask for anything. Take care.
Thinking of you, Kyung-soo. Hope you get there
Reading this made my day a bit heavier but I'm glad I did. Don't give up. Greetings from Dhaka