MoneySmall business
Start-up fund for Yakubu: reopening a fish stall after a fire in the building
A fish stall in Ikeja needs help replacing a freezer and scales after a fire in the building.
🇳🇬 Ikeja, Lagos, Nigeria675 views
For six years I have run a fish stall in Ikeja. In November, a fire in the building took a freezer and scales. I have no insurance, and the bank won't lend to me.
Before that, my customers came every Tuesday, and I employed 2 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 $300 goes:
• Replacing a freezer and scales: $155
• Working capital for the first month: $50
• Initial stock: the first catch: $95
Thank you for reading my story.
- Yakubu
Updates from Yakubu
Thank you all. We're at 15% now ($45). I'm honestly stunned. the first invoice got paid this week.
Update from Ikeja: I made the first payment toward working capital for the first month. We're at 3% of the goal. Thank you for believing in us.
- Cristian K. Sandoval 🇲🇽 · $25
“God bless. Please keep us posted. - Irapuato”
- Terry M. Leonard 🇺🇸 · $10
- Nafula Akinyi Temba 🇰🇪 · $10
“Keep your head up. Gave what I could this week. - Machakos”
- Bongani Chetty 🇿🇦 · $4
“Thought of Yakubu all day after reading this. - Pretoria”
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Hope it all works out, Yakubu. I'd happily buy from you once you're back up. Blessings
Is there a list of costs somewhere? Just curious how it adds up for Yakubu.
Hope you make a strong comeback. I hope February is when things finally get easier. Blessings.
hang in there. Gave what I could, wish it was more. Our whole street has been following this since the weekend. Thinking of Ikeja
Keep going, Yakubu. I'd happily buy from you once you're back up. All the best.
Praying for you, Yakubu. Small businesses are the heart of Ikeja. Hope you're open again soon. I went through something like this 10 years ago and strangers helped me out!