MoneySmall business
Start-up fund for Shahid: reopening a bicycle repair shop after floodwater
Shahid lost a full set of tools to floodwater and needs $350 to reopen a bicycle repair shop and support the family.
🇵🇰 Abbottabad, Khyber Pakhtunkhwa, Pakistan1,904 views
For four years I have run a bicycle repair shop in Abbottabad. In August, floodwater took a full set of tools. I have no insurance, and the bank won't lend to me.
Before that, my customers came every Wednesday, 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 $350 goes:
• Replacing a full set of tools: $130
• Initial stock: spare parts: $105
• Shop repairs and licensing: $30
• Working capital for the first month: $85
I hope life is good to you.
- Shahid
Updates from Shahid
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Can I help in a way that isn't money? I'm near Abbottabad
Thank you. If you're in Abbottabad I'll say if something practical comes up. For now sharing this is great. I'll keep the page updated.
Thanks for sharing this, Shahid. Looking forward to the next update. Don't be hard on yourself for asking.