MoneySmall business
Wolfgang needs a full set of tools to reopen a bicycle repair shop
Wolfgang has run a bicycle repair shop for twelve years; the demolition of the market destroyed the equipment, and $3,000 will put it back on its feet.
🇩🇪 Nuremberg, Bavaria, Germany779 views
For twelve years I have run a bicycle repair shop in Nuremberg. In April, the demolition of the market 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 6 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 $3,000 goes:
• Replacing a full set of tools: $1,600
• Initial stock: spare parts: $780
• Shop repairs and licensing: $360
• Working capital for the first month: $260
Thank you for reading my story.
- Wolfgang
Updates from Wolfgang
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“Thought of Wolfgang all day after reading this. - Jaffna”
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“Stay strong. Hope the July deadline works out. - Manchester”
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“Wish I could do more. My colleague told me about this one. - Gazipur”
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