MoneySmall business
Start-up fund for Marites: reopening a phone repair counter after floodwater
Marites has run a phone repair counter for twelve years; floodwater destroyed the equipment, and $250 will put it back on its feet.
🇵🇭 Quezon City, Metro Manila, Philippines1,560 views
For twelve years I have run a phone repair counter in Quezon City. In July, floodwater 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 Saturday, and I employed 1 people from the neighborhood. I have been out of business for 3 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 $250 goes:
• Working capital for the first month: $60
• Shop repairs and licensing: $85
• Initial stock: replacement parts: $105
Even a small gift gets used right away and I'll thank you myself.
- Marites
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