Ekhaya Siyakha Ngobugcisa Primary Co-op
| Business Location: | Township |
| Province | Eastern Cape |
| Branch: | Nelson Mandela Bay |
| Business Start Date: | 2022-10-12 |
| Busniess Type: | Co-operative |
Business Dynamics and Challenges
Business Activities:
The Co-operative offers a range of services such as sound equipment hire, videography, live video streaming, etc to individuals, businesses, and organizations.
In addition to creating jobs, Ekhaya Siyakha Ngobugcisa Primary Co-operative also offers women and youth empowerment programmes, which aim to provide participants the skills they need to further their creative arts careers,and uplift our community in general.
Challenges/Needs:
When Sedfa conducted a diagnostic assessment report, the following challenges were identified:
Ekhaya Siyakha Ngobugcisa Primary Co-operative approached Sedfa for assistance and explored the possibility of equipping their entertainment craft with machinery and equipment ,however, this goal seemed challenging due to financial constraints and the co-operative lacked financial strength to expand.
Intervention Insights and Results
Intervention Details:
To address the challenges above, Sedfa assisted Ekhaya Siyakha Ngobugcisa Primary Co-operative with facilitating the Cooperative Development & Support Programme (CDSP) grant funding application process and submitted all the compliances.
Outcome Details:
Sedfa intervention achieved the following outcomes:
The turnover increased from 5% R31 105.00 to R57 544.25
The Co-operative employees stayed the same as 5 employees.
The Co-operative received grant funding worth R441 271.00.
The turnover increased from 5% R31 105.00 to R57 544.25
The Co-operative employees stayed the same as 5 employees.
The Co-operative received grant funding worth R441 271.00.
Client Feedback
Client Comments:
“We would like to express our sincere gratitude for the funding we received from the Cooperative Support Development Programme (CSDP) last year. The sound equipment valued at R441 271.00 has been instrumental in enabling us to take on bigger jobs and reach new markets that will elevate our business to higher levels.”
