Kholane Trading Pty Ltd
| Business Location: | Rural area - Villages |
| Province | Limpopo |
| Branch: | Mopani |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
• The business offers Construction services - repairs and maintenance and equipment hire.
• The Restaurant - Providing cooked food and refreshments while at the shop is groceries.
The company is owned and manged by Mr. Ditsepu Mangena. He started with his business after realising the opportunities that are available to provide goods and services to his community. He took over an old business premises that belongs to the family and renovate and use it.
Challenges/Needs:
• The business activity is mainly selling groceries at the shop and cooked food at the Restaurant. Mr. Mangena did not have enough money to buy the equipment and fittings for the shop. He decided to visit Seda for assistance with application for finance (Asset Support Program -ASP)
Intervention Insights and Results
Intervention Details:
• The day the client walked into Seda an assessment was conducted including a visit to the business side and the outcome was that the client needed to be assisted with the application for finance and business development services.
• Financial management implementation which includes Point of sales system.
• The director was capacitated with training on EMPRETEC and Financial Management Training.
• Financial management implementation which includes Point of sales system.
• The director was capacitated with training on EMPRETEC and Financial Management Training.
Outcome Details:
• The business managed to access funding and increased its assets by R 198 776.
• Seda interventions helped the business with development of financial management system implementation that led to increase the business turnover by R 248 277 which is 224%.
• The business has managed to sustain 05 employment and created 02 new employment opportunities.
• Seda interventions helped the business with development of financial management system implementation that led to increase the business turnover by R 248 277 which is 224%.
• The business has managed to sustain 05 employment and created 02 new employment opportunities.
Client Feedback
Client Comments:
My business is where it is because of the support from Seda
