Roseta Trading
| Business Location: | Urban |
| Province | Free State |
| Branch: | Mangaung Branch |
| Business Start Date: | |
| Busniess Type: | cc |
Business Dynamics and Challenges
Business Activities:
Clothing and Textile sector - manufacturing of leather products
Challenges/Needs:
The business had challenges due to lack of access to funding for machinery and equipment. As a result, this affected the business negatively.
Intervention Insights and Results
Intervention Details:
Client approached SEDFA Mangaung branch for assistance with access to funding. The client was assisted to apply for machinery and equipment through Asset Assist Programme to the value of R250,000.
Outcome Details:
Access to grant funding assistance for Roseta Deign yielded positive results because the business got approved via ASP to the value of R250,000 to purchase equipment and machinery. The business production improved substantially due to increased output. Roseta Trading secured new orders for their products from new clients. The business monthly revenue increased from R8,500 per month to R17,500 per month. In the process, the business sustained 2 jobs.
Client Feedback
Client Comments:
I am very satisfied with the Asset Assist Approval from SEDFA to boost my business productivity level.
