Don’t miss the latest developments in business and finance.

Baby steps for small business after Japan tsunami

Image
Press Trust of India Kesennuma (Japan)
Last Updated : Jan 20 2013 | 1:57 AM IST

It's hard to see how business can thrive in the post-tsunami devastation in Japan, but consumer demand is running high -- and Sayuri Miyakawa is determined to supply it.

Days after a tsunami reduced her seaside grocery store in Kesennuma to driftwood, Miyakawa was back in business, albeit with no shop, no cash and virtually no produce.

With something like half a million people living in ill-equipped, badly stocked evacuation centres along the northeastern coastline, there is a huge need for everything from food to fuel and medicines.

Every day, survivors go looking for supplies they can scavenge to supplement the meagre handouts available in the shelters.

With transport almost non-existent -- most private vehicles were destroyed and there's no fuel anyway -- they have little choice but to focus their search in what remains of their home towns.

And that's where Miyakawa has stepped up.

Also Read

Six days after the disaster, she was able to lay out a small selection of groceries including chocolates, fruit and bottled water, the prized goods presented on a few boxes on the street where her family store once stood.

"I'm not sure when I can really restart my business. But I came here today because I thought people needed food. They might not be able to wait for food rations," she told AFP.

Less than an hour later, everything was sold out, barring some rice flour which needed fuel and water to cook it.

The following day, Miyakawa managed to find a truck to bring more fresh and canned produce -- which sold almost as fast as she could unpack it.

"Unless you start somewhere, you cannot start at all," she said cheerfully, busily handing a sack of tomatoes, herbs and apples to a customer.

And she's not alone. Other small businesses are trying to resume a similar ad hoc service, selling anything from tools to clothing.

One obstacle they have quickly encountered is cash -- the lack of it.

While Miyakawa was able to secure her supplies from a wholesaler on credit, individual consumers need ready money and, with no functioning ATMs, cash is hard to come by.

More From This Section

First Published: Mar 22 2011 | 12:06 PM IST

Next Story