Cedric Malomane
| Business Location: | Rural area - Villages |
| Province | Mpumalanga |
| Branch: | Bushbuckridge |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
1. Spaza Shop.
Challenges/Needs:
• Limited stock,
• Limited knowledge of basic business skills,
• Lack of capital to develop the business,
• Limited knowledge of costing and pricing,
• Limited knowledge of stock management.
Intervention Insights and Results
Intervention Details:
• Business management skills training,
• Training in stock management,
• Referral to W&R Seta for access to stock and training,
• Referral to IMEPD for access to equipment.
• Training in stock management,
• Referral to W&R Seta for access to stock and training,
• Referral to IMEPD for access to equipment.
Outcome Details:
• The business created 1 new job and sustained 1 permanent job.
• Turnover increased from R40,000 to R65,000.
• Accessed funding – from W&R Seta to the value of R9,500 (stock and training),
• The business now applies good stock management practices.
• Turnover increased from R40,000 to R65,000.
• Accessed funding – from W&R Seta to the value of R9,500 (stock and training),
• The business now applies good stock management practices.
Client Feedback
Client Comments:
” I wish Seda could reach out to many young people to preach the gospel of entrepreneurship”.
