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Woman Tackles Debt Through Online Sales After Business Collapse

Woman Tackles Debt Through Online Sales After Business Collapse

Amira faces the challenge of repaying a significant debt after her business partner withdraws from their failed second-hand clothing venture, turning to online sales to regain financial stability.

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A woman’s resilience is being tested after her business partner withdrew capital following the failure of their joint venture, leaving her with a substantial debt.

Known as Wan Nur Amierah, she has since turned to online sales to manage her financial obligations while caring for her ailing mother.

She sells crispy rolls, cakes, purses and second-hand clothing that is still in good condition and wearable.

In an emotional tweet, she expressed her distress over the situation, revealing the depth of her burden.

According to mStar, her venture into a second-hand clothing business in 2020 was met with unforeseen challenges due to the stringent movement control orders (MCO), leading to the business’s downfall and a debt of RM50,000.

The situation worsened when her partner reclaimed their investment, taking the stock with them.

With this adversity, Wan Nur Amierah has resorted to selling clothing, jewellery, and food on social media platforms to repay the accumulated debt.

She even made deliveries on a motorcycle.

Despite having paid off around RM32,000 over the course of three years, the recent months have been marked by her difficulty in meeting the monthly repayments, exacerbating the financial burden and facing pressure from creditors to make repayments.

However, Wan Nur Amierah remains determined to overcome this setback, continuing her online business efforts and garnering support from the online community.

Empowering Entrepreneurs: Navigating Financial Crises with Community Support and Innovation

Her story has not only shed light on the challenges small business owners encounter during economic downturns.

Still, it has also underscored the significant role of social media and community support in helping individuals navigate financial crises.

It serves as a testament to the resilience and determination of entrepreneurs in the face of adversity, highlighting the importance of innovation and adaptability in sustaining small businesses.

Furthermore, her experience emphasizes the power of community solidarity and online platforms in fostering economic recovery and offering a lifeline to those grappling with financial hardship.

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