I am asking for money to save my livelihood. I need to get money now or i loose everything i have ever work for. I am a single mom with 3 children. I don’t own a house or property or anything of value and therefor have no surety to secure a loan for what ever reason. I have tried everything and everyone i know to help, i however don’t come from a rich family or circle of friends that can just help me.
Since i was 18 years old i have worked in the hospitality industry, starting as a waitress and work myself up through very hard work and even harder hours to eventually be General Manager of some very nice restaurants. The pay for a GM is unfortunately not the best out there and been a single mom, i have never really made through a month without falling short. There have been times when we have had to stay by friends or family for short periods of time because i couldn’t pay rent and thing like that. i have never owned a car (until last year, which i now owe 3 months on) of any sort and have always made plans with getting to work and getting kids to school. It has not been easy at all, but we have made it this far with minimum harm. We are a very close family because of all we have been through. Everything we do own, like furniture and clothes and things, i have worked might hard to get and give to my kids. They haven’t had all the things other kids get, but they have always been okay with that.
In January 2016 the owner of the restaurant i was working at as the General Manager, offered the business to me. This was a dream come true, this is what i have worked my whole life for. I honestly didn’t think i would ever be able to afford to buy a restaurant or open a new one. He offered it at a very good price and very good terms. I then went to my ex-parent in-laws and asked them if they could lend me the money to buy the business as they were in the process of selling their farm. They told me they would as soon as the farm was sold. I then went back to the owner and told that i would buy it.
In March 2016 he signed over everything to me got everything registered for me so i could just carry on trading as usual with the agreement that when my ex-parents in law sold there farm they would lend me the R900 000.00 to pay him. Since then they have not given me the money and come up with a new excuse every month and i have to give these excuses to Geoff (the old owner) I should have known better than to ask them as they aren’t the best of people. But i really didn’t expect this at all. Geoff is constantly asking me for the purchase price now and i don’t know what to even tell him anymore.
Over and above all of that, just as i took over the restaurant they started operating a stop and go system on the main road in front of my restaurant. The stop and go was permanent while they had to replace water pipes under the roads. The delay riding on that road was up to 2 hours, permanently. This caused a drop in turnover for my restaurant of over 45% every month for 8 months. Although the stop and go is now gone and we are slowly but surly bringing up the turnover again i am very far behind with my suppliers and getting threatened daily. I have not been able to pay my rent that was due at the begin of this month and i now have the landlord on my back.
To save cost with running my restaurant my daughters have been working with and for me and since we have opened we have not received salaries as there is always staff to pay and suppliers. We have all of worked so hard every single day from 7 in the morning to 11/12 at night. We really have put our heart and souls into the restaurant and are about to loose everything. I have suppliers refusing to supply me until my accounts are up to date and with nothing to sell on my menu, i cannot open. I started with no working capital at all. I have got this far but can’t go any further with out help. I don’t even know if i can open on the weekend. If i give up now i not only loose everything i will be in debt for the rest of my life and will have to pay off people until the day i die. I can go back to being a GM if i give up, but at my age it will not be easy to find a job. I will find one somewhere eventually, but by then we will have been kicked out of where we are staying and the money i will be able to earn will be going to pay off debt forever.
I really need help and i don’t know where else to get it. I would do anything to get help. I have worked so hard my whole life to get here and now i am just going to loose everything. It kills me to watch my daughters trying so hard and it is just slipping through our fingers. We are so close but so far.
Please could anyone help us.