Matzi Nyama PTY (Ltd)
| Business Location: | Rural area - Villages |
| Province | Western Cape |
| Branch: | Cape Winelands |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The business is a Cooked Food and Tshisanyama company focusing on selling braai meat. The business uses freshly made sausage and buys fresh meat from the local abattoir. The business owner specialises in mixing her own unique sauces. The businesses cater for the local Vredendal market and is located next to a busy taxi rank in town during the weekdays. During the weekends they cater for the local rugby matches where they have exclusive permission to sell their food products.
Challenges/Needs:
• Lack of business guidance and coaching;
• Lack of access to finance to grow the business, and
• Lack of equipment and stock.
Intervention Insights and Results
Intervention Details:
The client approached Seda Westcoast Branch for assistance for her business. He was introduced to Sivuyile Gulwa, one of the Business Advisors who conducted a Critical Planning Exercise (CPE) on the business. The CPE is a tool that is used to conduct financial projections in order to establish the viability of the enterprise. The assessment assisted the business to make accurate, realistic financial projections and develop a plan to assist the business on successfully accessing funding programs.
Outcome Details:
• Facilitation of Mentorship and Coaching Programme, and
• Grant funding application through the National Youth Development Agency (NYDA);
• Assistance on funding application through SEDA Asset Assist programme.
• Grant funding application through the National Youth Development Agency (NYDA);
• Assistance on funding application through SEDA Asset Assist programme.
Client Feedback
Client Comments:
Thanks to SEDA for always being willing to help and support my business
