Isiqalo Community Enterprise
| Business Location: | Rural area - Villages |
| Province | Eastern Cape |
| Branch: | OR Tambo |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Mechanic
Challenges/Needs:
When Mr. Siyamthemba Hlekiso launched A Siya's BMW Spares, they faced significant hurdles, including lack of a formal workshop, lack of visibility, they sought guidance from SEDFAOR Tambo
Intervention Insights and Results
Intervention Details:
1. SEDFA referred the client to ECDC in order to secure premises: ECDC, with its extensive property portfolio in the Eastern Cape, offered Isiqalo Community Enterprise a new premises to lease in the CBD of Mthatha. The new location provides cover, ease of access for clients, and a formal workshop setting, enabling the business to operate more efficiently.
2. The business was assisted with branding and Signages in order to increase the visibility of the business.
3. Client also benefited from the Asset Assist Program and was funded with an amount of R247 500,00.
2. The business was assisted with branding and Signages in order to increase the visibility of the business.
3. Client also benefited from the Asset Assist Program and was funded with an amount of R247 500,00.
Outcome Details:
Siya's BMW Spares has achieved impressive growth:
1. Sales Increase: From R193834 to R840 000 in the past 6 months (333% growth).
2. Job Creation: Expanded from 2 to 5 employees, contributing to local economic development.
3. An increase in equipment and machinery
1. Sales Increase: From R193834 to R840 000 in the past 6 months (333% growth).
2. Job Creation: Expanded from 2 to 5 employees, contributing to local economic development.
3. An increase in equipment and machinery
Client Feedback
Client Comments:
"SEDFA OR Tambo's support has been instrumental in our business's success."
