Phifadi Enterprise (Rain Drop Water)
| Business Location: | Township |
| Province | Mpumalanga |
| Branch: | Bushbuckridge |
| Business Start Date: | 2018-09-18 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Raindrop Water is currently supplying water to the local community of Mkhuhlu and surrounding areas, in addition Raindrop Water also supplies to local shops around, accommodation establishments that require branded packaging, lastly Raindrop Water has supplied to the Department of Education for some of their functions, as well as funeral parlours.
Challenges/Needs:
Lack of business skills such as financial management, business planning administration and marketing.
Lack of knowledge of the market they are operating in.
Not profitable enough to be sustainable.
Lack of marketing strategies.
Access to funding.
Lack of access to local and international markets.
Inadequate equipment (office or operational).
Lack of mentorship and coaching.
Intervention Insights and Results
Intervention Details:
• Asset Assist Support Programme approved for R250 000,00.
• Attended Quality Management System Training.
• Attended Export Readiness Training.
• Basic Business Skills Training.
• FNB Financial Literacy.
• Currently undergoing Mentorship and Coaching intervention.
• Attended Quality Management System Training.
• Attended Export Readiness Training.
• Basic Business Skills Training.
• FNB Financial Literacy.
• Currently undergoing Mentorship and Coaching intervention.
Outcome Details:
• Raindrop Water sustained three jobs.
• Raindrop Water turnover increased from R288 000.00 to R480 000,00 resulting to a turnover increase of R192 000,00.
• Through Asset Assist Support Programme, Raindrop Water managed to acquire an ice-making machine, five deep freezers and two scaling machine that are now assisting the business generate additional revenue.
• Raindrop Water turnover increased from R288 000.00 to R480 000,00 resulting to a turnover increase of R192 000,00.
• Through Asset Assist Support Programme, Raindrop Water managed to acquire an ice-making machine, five deep freezers and two scaling machine that are now assisting the business generate additional revenue.
Client Feedback
Client Comments:
Received ice-making machine from SEDA
Raindrop Water managed to diversify, is now manufacturing ice and selling ice to local community and local businesses such as night clubs and tarven.
Raindrop Water managed to diversify, is now manufacturing ice and selling ice to local community and local businesses such as night clubs and tarven.
