Vuka Sbeko Trading (Pty)Ltd
Business Location: | Rural area - Villages |
Province | Mpumalanga |
Branch: | Nelson Mandela Bay |
Business Start Date: | |
Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Plumbing, Garden Services, Welding, Construction & Building Maintenance.
Challenges/Needs:
The company lacked financial strength to expand the business.
Intervention Insights and Results
Intervention Details:
To address the challenges above, Seda assisted Vuka Sbeko Trading (Pty) Ltd with facilitating the Premiers Youth Development Fund (PYDF) application process and submitted all the compliances.
Outcome Details:
The turnover increased from R 1 656 658,00 to R1 972 318,00.
However, employees stayed the same.
The company received the grant funding worth R2 500 000,00. Machinery amounting R2 300 000,00 and working capital of R200 000,00.
However, employees stayed the same.
The company received the grant funding worth R2 500 000,00. Machinery amounting R2 300 000,00 and working capital of R200 000,00.
Client Feedback
Client Comments:
“Vuka Sbeko Trading (Pty) Ltd, we are thankful for the support you are giving us”