MoneySmall business
Start-up fund for Patrick: reopening a bicycle repair shop after a long illness and repossession
Patrick lost a full set of tools to a long illness and repossession and needs $2,700 to reopen a bicycle repair shop and support the family.
🇩🇪 Essen, North Rhine-Westphalia, Germany475 views
For six years I have run a bicycle repair shop in Essen. In January, 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 2 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.
I'll buy equipment from local suppliers and post photos and receipts as I go.
Where the $2,700 goes:
• Replacing a full set of tools: $2,000
• Initial stock: spare parts: $480
• Working capital for the first month: $220
Please ask me anything in the questions section. I'll answer honestly and quickly.
- Patrick
Updates from Patrick
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- Christian F. Watkins 🇳🇿 · $100
- Derya Burcu Önder 🇹🇷 · $100
“Thought of Patrick all day after reading this. - Istanbul”
- Suresh K. Natarajan 🇮🇳 · $50
- Kazuo Taro Fukuda 🇯🇵 · $26
“Wishing you the best. Gave what I could this week. - Shinjuku”
- Godwin Ibrahim Abdullahi 🇳🇬 · $25
“Get well soon. Small amount but sent with love. - Gwagwalada”
- Hassan Hussain Kakar 🇵🇰 · $21.50
“Be well. This is from my last paycheck, glad to do it. - Faisalabad”
- Fábio Siqueira 🇧🇷 · $20
- Anonymous 🇮🇳 · $20
- Rania Khoury 🇪🇬 · $10
- Byaruhanga Kimani Mwende 🇰🇪 · $10
“All the best. Hope the May deadline works out. - Kasarani”
- Geeta R. Mittal 🇬🇧 · $5
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Wishing you peace, Patrick. Everyone deserves a bit of help sometimes. I have a 12 year old who wants to send good wishes too. All the best