MoneySmall business
Start-up fund for Nina: reopening a bicycle repair shop after a long illness and repossession
Nina lost a full set of tools to a long illness and repossession and needs $4,200 to reopen a bicycle repair shop and support the family.
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For twelve years I have run a bicycle repair shop in Nuremberg. In August, 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 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.
Once I'm back on my feet I plan to hire back the people I had to let go.
Where the $4,200 goes:
• Replacing a full set of tools: $2,500
• Initial stock: spare parts: $650
• Shop repairs and licensing: $510
• Working capital for the first month: $540
I hope life is good to you.
Updates from Nina
No updates yet. Supporters are notified when the owner posts one.
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Sending strength, Nina. Shared it with a few friends. All the best
Is there a list of costs somewhere? Just curious how it adds up for Nina
Everything on the list is an amount I've been quoted or invoiced. replacing a full set of tools comes first ($2,500) and I'll update the page as each thing gets paid. Appreciate you taking the time.
Thanks for sharing this, Nina. Everyone deserves a bit of help sometimes. Love from Barranquilla
Take care, Nina. Reading this made my day a bit heavier but I'm glad I did. The breakdown of costs made it easy to trust. Blessings.