Elmada Clothing
Business Location: | Rural area - Villages |
Province | Western Cape |
Branch: | Cape Winelands |
Business Start Date: | 2017-09-01 |
Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Design and manufacturing of personal protective and safety clothing
Challenges/Needs:
• Lack of business guidance and coaching;
• Lack of finance, and
• Lack of equipment and stock.
Intervention Insights and Results
Intervention Details:
• Facilitation of Mentorship and Coaching Programme; and
• Sefa TREP Application.
• Sefa TREP Application.
Outcome Details:
• A SEFA TREP loan of R228 955.80 was successfully applied for;
• Turnover increased from R 440 000 to R 8200 000, an increase of 100%;
• Net profit increased from R 193 000 to R 522 000, an increase of 100%, and
• Employment increased from 4 to 9.
• Turnover increased from R 440 000 to R 8200 000, an increase of 100%;
• Net profit increased from R 193 000 to R 522 000, an increase of 100%, and
• Employment increased from 4 to 9.
Client Feedback
Client Comments:
“Thanks for the continuous support by the business advisor. The Sefa TREP application was a difficult process, but we got it right.”