Thembelakuye Trading (PTY) Ltd
| Business Location: | Rural area - Villages |
| Province | Western Cape |
| Branch: | Cape Winelands |
| Business Start Date: | 2017-07-10 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Thembelakuye Tranding (PTY) Ltd is based in Vredenburg and was started in 2017. The business is in the Gas and Energy industry. The business focuses on Gas Refills and Exchange of gas containers. Thembelakuye does deliveries for customers who are able to afford that service. The business also sells gas accessories like gas pumps, stoves, heaters and rubber seals
Challenges/Needs:
• Lack of business guidance and coaching;
• Lack of access to finance to grow the business, and
• Lack of training on gas safety for staff.
Intervention Insights and Results
Intervention Details:
• Facilitation of Mentorship and Coaching Programme, and
• Funding application through the Township and Rural Entrepreneurship Programme (TREP).
• Funding application through SEDA Asset Assist programme.
• Funding application through the Township and Rural Entrepreneurship Programme (TREP).
• Funding application through SEDA Asset Assist programme.
Outcome Details:
• TREP loan of R100 000.00 was successfully applied for;
• Turnover increased from R 380 000 to R 745 000, an increase of 100%;
• SEDA Asset Assist programme grant for equipment worth R 189 940;
• Net profit increased from R 145 000 to R 365 000, an increase of 100%, and
• Employment increased from 3 to 8.
• TREP loan of R100 000.00 was successfully applied for;
• Turnover increased from R 380 000 to R 745 000, an increase of 100%;
• SEDA Asset Assist programme grant for equipment worth R 189 940;
• Net profit increased from R 145 000 to R 365 000, an increase of 100%, and
• Employment increased from 3 to 8.
Client Feedback
Client Comments:
“I truly appreciate the support SEDA always gives me, it means a lot to me. The machines I received from SEDA will assist me in opening another gas supply site.”
