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Start-up fund for Seyi: reopening a bicycle repair shop after a fire in the building

Seyi has run a bicycle repair shop for six years; a fire in the building destroyed the equipment, and $350 will put it back on its feet.

🇳🇬 Ikeja, Lagos, Nigeria1,200 views
Seyi Bolaji Ibrahim
Email verified
Ikeja
For six years I have run a bicycle repair shop in Ikeja. In August, a fire in the building took a full set of tools. I have no insurance, and the bank won't lend to me. Before that, my customers came every Sunday, and I employed 3 people from the neighborhood. I have been out of business for 5 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 $350 goes: • Shop repairs and licensing: $90 • Working capital for the first month: $35 • Replacing a full set of tools: $225 Whatever you can give, even just sharing this page, means a lot. - Seyi

Updates from Seyi

  1. Good news. Because of your gifts ($194 in total) the first invoice got paid this week. Still a way to go but it feels less lonely.

  2. Thank you all. We're at 39% now ($135). I'm honestly stunned. I made the first payment toward working capital for the first month.

  3. Quick update: $219 raised so far (62%). I met with the supplier and confirmed the amounts. Receipts coming as soon as I have them.

  • Beau F. Burns 🇬🇧 · $10

    “Stay strong. Thought of Seyi all day after reading this. - Liverpool”

  • Rizky Vino Firmansyah 🇮🇩 · $25
  • Tatiane Elaine Rodrigues 🇧🇷 · $10
  • Abubakar Daramola 🇳🇬 · $9
  • Gaurav G. Patel 🇮🇳 · $50

    “Thought of Seyi all day after reading this.”

  • Regina W. Bravo 🇨🇴 · $100

    “Hope it all works out. Only $100 but hope it helps. - Medellín”

  • Samuel P. Porter 🇺🇸 · $25

    “Only $25 but hope it helps. - Greensboro”

  • Anonymous 🇺🇸 · $25
  • Nanami Tomoko Fujii 🇯🇵 · $8.50
  • Deepika Thilini Karunaratne 🇱🇰 · $25

    “Thought of Seyi all day after reading this. - Dehiwala”

  • Tharun M. Bhat 🇮🇳 · $30
  • Nuria F. Martínez 🇦🇷 · $10
  • Rungnapa Uthai Sombat 🇹🇭 · $75

    “God bless. This is from my last paycheck, glad to do it. - Bang Khen”

  • Anonymous 🇨🇴 · $20

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  • Hang in there, Seyi. I hope things turn around soon. All the best.

    • Olivia L. RogersPhoto verified

      Hope things get better soon. I've been in a tough spot myself and it does get easier. Wish I lived closer to Boulogne-Billancourt so I could bring a meal.

      • can I help in a way that isn't money? I'm near Ikeja!

        • Thank you. If you're in Ikeja I'll say if something practical comes up. For now sharing this is great. Thanks for looking so closely.

      • hope things get better soon, Seyi. Your post was clear and honest. Don't give up. Thinking of Ikeja

        • You're not alone. This could happen to any of us. I'll check back for the next update. All the best.

          • Maya P. FoxQuestion

            How is Seyi doing now?

            • Thinking of you and your family. Hope you make a strong comeback. I'm in engineering myself and wanted you to know we're cheering for you. God bless.

              • Praying for you, Seyi. Hope the shop reopens soon. Blessings!

                • is there a list of costs somewhere? Just curious how it adds up for Seyi.

                  • Everything on the list is an amount I've been quoted or invoiced. shop repairs and licensing comes first ($90) and I'll update the page as each thing gets paid. Fair thing to want to know.

                • Priya E. MehraID verified

                  small businesses are the heart of Ikeja. Hope you're open again soon. My mother had a similar thing happen so this one hit home. Blessings

                  • thinking of you, Seyi. I hope things turn around soon. God bless.

                    • Best of luck. Everyone deserves a bit of help sometimes. Don't lose heart. A few weeks ago I was in a hole too and it changed faster than I expected.

                      • rooting for you, Seyi. This could happen to any of us. I'm in accounting myself and wanted you to know we're cheering for you.

                        • Mahesh P. DubeyPhoto verified

                          Praying for you, Seyi. Hope the shop reopens soon. Put this on a community board in Khulna this morning.

                          • Stay strong, Seyi. I hope things turn around soon. Thinking of Ikeja.

                            • You're not alone, Seyi. Looking forward to the next update.

                              $422.50 raised of $350

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