SOKHULU TRADITIONAL CLOTHING (PTY) LTD
| Business Location: | Rural & Township |
| Province | Western Cape |
| Branch: | Cape Winelands |
| Business Start Date: | 2023-03-22 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Ntokozo has three years of experience operating privately in the traditional Nguni clothing and accessories industry. He manufactures traditional Nguni clothing and accessories.
Challenges/Needs:
• Lack of business guidance and coaching;
• Lack of access to finance to grow the business, and
• Inadequate bookkeeping systems.
Intervention Insights and Results
Intervention Details:
• Facilitation of mentorship and coaching programme;
• Facilitation of funding application through the Informal and
Micro Enterprise Development Programme (IMEDP), and
• Facilitation of funding application through Asset Assist
programme.
• Facilitation of mentorship and coaching programme;
• Facilitation of funding application through the Informal and
Micro Enterprise Development Programme (IMEDP), and
• Facilitation of funding application through Asset Assist
programme.
Outcome Details:
• Turnover increased from R 190 000 to R 247 000, an increase of 30%;
• Net profit increased from R 23 325 to R 45 325, an increase of 94,32%, and
• Employment increased from 1 to 3 staff members.
• Net profit increased from R 23 325 to R 45 325, an increase of 94,32%, and
• Employment increased from 1 to 3 staff members.
Client Feedback
Client Comments:
“I am grateful to SEDFA for the special support they are giving my business.”
