MoneySmall business
Tae-hoon needs a commercial oven to reopen a neighborhood bakery
A neighborhood bakery in Suwon needs help replacing a commercial oven after a long illness and repossession.
🇰🇷 South Korea1,051 views
For twelve years I have run a neighborhood bakery in Suwon. In April, a long illness and repossession took a commercial oven. I have no insurance, and the bank won't lend to me.
Before that, my customers came every Monday, and I employed 3 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 $2,100 goes:
• Replacing a commercial oven: $1,150
• Initial stock: flour, butter and sugar: $520
• Working capital for the first month: $430
Every share and every dollar helps.
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- Kiptoo Kipchoge Mbwambo 🇺🇬 · $15
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Thinking of you. Shared it with a few friends. I'll check back for the next update. All the best.