Afro Print & Supply
Business Location: | Urban |
Province | North West |
Branch: | Ngaka Modiri Molema |
Business Start Date: | |
Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Afro Print and Supply was established in 2018 by Ms Patricia Modisakeng. The company is based in Indiustrial Site in the Mahikeng Local Municipality, North West province. The business specializes in large quantity printing of stationery, textbooks and banners
Challenges/Needs:
Afro Print has been in operation for 6 years and in this period have developed a loyal customer base. The machinery required to be upgraded but the business lacked the funds
Intervention Insights and Results
Intervention Details:
An assessment of the business was conducted, and it was recommended that the business should apply for funding to purchase equipment and for working capital was prioritized. A TREP application was prepared and submitted.
Outcome Details:
The TREP application was successful. The company has received funding to purchase equipment and for working capital to the tune of R450 000. This funding will assist the company to increase production and improve on its current revenue of R1 020 000 and also to sustain employment for its five (5) fulltime employees.
Client Feedback
Client Comments:
We did not know about Trep funding until we contacted Seda. We appreciate the support we received.