Not Alone Trading
| Business Location: | Township |
| Province | Limpopo |
| Branch: | Vhembe |
| Business Start Date: | 2022-02-11 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Sewing
Challenges/Needs:
The client needed assistance to acquire funds required towards the growth of her business. She needed funds for purchase of machinery and equipment and for the purchase of raw materials.
Intervention Insights and Results
Intervention Details:
Development of an access to finance business plan and facilitation of Trep application.
Outcome Details:
The application was submitted to Sefa for application of funds. Sefa approved a loan to the value of R262 000.00, which was utilized for purchase of machinery and equipment as well as raw materials. Due to the availability of machines and raw materials, the client realized an increase in sales from an average of R2 500.00 per month to an average of R15 000.00. The business also managed to create two additional jobs for the unemployed people in the area.
Client Feedback
Client Comments:
Due to the assistance, I am no longer outsourcing embroidery services, but is it sone inhouse. I am also able to do embroidery services for other people which brings more money into the business.
