MoneySmall business
Start-up fund for Lovely: reopening a bicycle repair shop after a long illness and repossession
A bicycle repair shop in Caloocan needs help replacing a full set of tools after a long illness and repossession.
🇵🇭 Caloocan, Metro Manila, Philippines969 views
For twelve years I have run a bicycle repair shop in Caloocan. In July, 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 Thursday, and I employed 3 people from the neighborhood. I have been out of business for 12 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.
I'll buy equipment from local suppliers and post photos and receipts as I go.
Where the $350 goes:
• Working capital for the first month: $50
• Initial stock: spare parts: $120
• Replacing a full set of tools: $180
If you're reading this, thank you.
Updates from Lovely
Thank you all. We're at 61% now ($213). I'm honestly stunned. I made the first payment toward initial stock: spare parts.
Thank you all. We're at 52% now ($183). I'm honestly stunned. the first invoice got paid this week.
- Phương Lan Kieu 🇻🇳 · $5
“Keep your head up. Small amount but sent with love. - Cần Thơ”
- Prakash W. Rajput 🇮🇳 · $15
- Comfort Peace Chukwu 🇳🇬 · $10
- Anonymous 🇰🇪 · $5
- Andrea Robles 🇺🇸 · $100
“Thought of Lovely all day after reading this. - San Francisco”
- Adnan Nadeem Ahmed 🇵🇰 · $5
- Jorge Cláudio Prado 🇧🇷 · $50
- Joyce S. Murray 🇺🇸 · $10
- Rahim Mizanur Uddin 🇧🇩 · $10
“Thought of Lovely all day after reading this. - Dhaka”
- Anonymous 🇦🇷 · $20
- Anonymous 🇵🇰 · $100
- Héctor H. Acosta 🇨🇴 · $43
“Hang in there. Only $43 but hope it helps. - Envigado”
- Camilla Andreasson 🇸🇪 · $10
- Hailey A. Larson 🇬🇧 · $5
- Pimchanok Darunee Prasertsak 🇹🇭 · $25
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Rooting for you, Lovely. This could happen to any of us.
Good luck, Lovely. Small businesses are the heart of Caloocan. Hope you're open again soon. Don't lose heart. A few weeks ago I was in a hole too and it changed faster than I expected
Sending good thoughts, Lovely. I've been in a tough spot myself and it does get easier. Greetings from Mbale