MO's Nails & Beauty
| Business Location: | Rural area - Villages |
| Province | Limpopo |
| Branch: | Capricorn |
| Business Start Date: | 2023-02-14 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The business offers nail care, make-up services and hair(weave) installations.
Challenges/Needs:
Poor record keeping
Lack of brand visibility
Insufficient tools/equipments
Intervention Insights and Results
Intervention Details:
SEDFA assisted the business with access to funding for IMEDP equipment’s grant, developed promotional materials and put in a 4-day financial management training.
Outcome Details:
With brand visibility and attracting more customers, turnover increased from R63 360.00 to R120 960.00
The business opened a bank account and kept records as trained.
The company was able to sustain its 3 employees.
The company received IMEDP grant to the value of R10 000.00 for salon equipment’s
The business opened a bank account and kept records as trained.
The company was able to sustain its 3 employees.
The company received IMEDP grant to the value of R10 000.00 for salon equipment’s
Client Feedback
Client Comments:
“I am grateful for the support received from Sedfa”
