MoneySmall business
Start-up fund for Raúl: reopening a bicycle repair shop after a storm that collapsed the roof
Raúl has run a bicycle repair shop for four years; a storm that collapsed the roof destroyed the equipment, and $400 will put it back on its feet.
🇲🇽 Mexico1,101 views
For four years I have run a bicycle repair shop in Zapopan. In July, a storm that collapsed the roof took a full set of tools. I have no insurance, and the bank won't lend to me.
Before that, my customers came every Friday, and I employed 2 people from the neighborhood. I have been out of business for 10 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 $400 goes:
• Working capital for the first month: $195
• Initial stock: spare parts: $110
• Shop repairs and licensing: $95
I never thought I'd be the one asking, and I'm grateful for every bit of support.
- Raúl
Updates from Raúl
Small update. $290 so far, I made the first payment toward shop repairs and licensing.
Small update. $125 so far, I met with the supplier and confirmed the amounts.
- Daniel Babatunde Nwosu 🇳🇬 · $100
- Folake Modupe Oladipo 🇳🇬 · $50
- Comfort Chioma Balogun 🇳🇬 · $50
- Arianna Gilbert 🇨🇦 · $34
- Eden Birtukan Tesfaye 🇪🇹 · $25
- Mohan Varadarajan 🇮🇳 · $25
- Sarah Halima Mutua 🇰🇪 · $25
- Citlali R. Mora 🇪🇸 · $15
- Girish L. Naik 🇮🇳 · $10
“Thought of Raúl all day after reading this. - Madurai”
- Jumoke Sade Ogunleye 🇳🇬 · $10
- Regina Ana Gomes 🇧🇷 · $10
- Ruby K. Lawson 🇺🇸 · $5
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Keep going, Raúl. Your post was clear and honest
Sending strength. Small businesses are the heart of Zapopan. Hope you're open again soon. Love from Buenos Aires
Sending good thoughts. Looking forward to the next update. Love from Manchester.
Thinking of you, Raúl. Your post was clear and honest. Please keep us posted
Hang in there. Hope you make a strong comeback. Take care.
wishing you peace. Hope you get there. Don't lose heart. A few weeks ago I was in a hole too and it changed faster than I expected. Love from Wollongong.
Wishing you peace, Raúl. Shared this with my family.
wishing you peace, Raúl. It takes guts to ask. Well done. God bless
hope things get better soon, Raúl. It takes guts to ask. Well done. Don't be hard on yourself for asking. Blessings.