MoneySmall business
Start-up fund for Naresh: reopening a small grocery stall after the demolition of the market
Naresh has run a small grocery stall for six years; the demolition of the market destroyed the equipment, and $700 will put it back on its feet.
🇮🇳 India644 views
For six years I have run a small grocery stall in Kozhikode. In December, the demolition of the market took a cold-storage unit. I have no insurance, and the bank won't lend to me.
Before that, my customers came every Sunday, and I employed 2 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 $700 goes:
• Replacing a cold-storage unit: $430
• Initial stock: fresh produce: $80
• Shop repairs and licensing: $100
• Working capital for the first month: $90
I never thought I'd be the one asking, and I'm grateful for every bit of support.
- Naresh
Updates from Naresh
Update from Kozhikode: I met with the supplier and confirmed the amounts. We're at 16% of the goal. Thank you for believing in us.
Quick update: $85 raised so far (12%). the plan for working capital for the first month is now scheduled. Receipts coming as soon as I have them.
- Terry P. Flores 🇳🇿 · $25
- Anonymous 🇮🇳 · $25
“Thinking of you - Howrah”
- Ji-hye Bo-ra Ha 🇰🇷 · $85
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How is Naresh doing now?
Hope things get better soon, Naresh. It takes guts to ask. Well done. My neighbor in Nairobi donated after I showed her your page