MoneySmall business
Start-up fund for Mateo: reopening a neighborhood bakery after the demolition of the market
Mateo lost a commercial oven to the demolition of the market and needs $2,750 to reopen a neighborhood bakery and support the family.
🇺🇸 Sacramento, California, United States625 views
For four years I have run a neighborhood bakery in Sacramento. In July, the demolition of the market took a commercial oven. I have no insurance, and the bank won't lend to me.
Before that, my customers came every Monday, and I employed 1 people from the neighborhood. I have been out of business for 4 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 $2,750 goes:
• Replacing a commercial oven: $1,300
• Initial stock: flour, butter and sugar: $350
• Shop repairs and licensing: $540
• Working capital for the first month: $560
Thank you for reading my story.
- Mateo
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rooting for you, Mateo. Hope you get there. All the best.
You're not alone, Mateo. I hope things turn around soon. I went through something like this 4 years ago and strangers helped me out. Thinking of Sacramento
So sorry you're going through this. I'd happily buy from you once you're back up. We lost years of savings to something like this so I get it. Blessings.
Hang in there. Gave what I could, wish it was more. I told my book club about it and three of them are giving too. Take care.