K-Compass (Pty) Ltd
Business Location: | Rural area - Villages |
Province | Free State |
Branch: | Mangaung Branch |
Business Start Date: | |
Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Their products services include:
• Haute Couture Clothing for Men and Women
• Bridal and Special Occasion Wear
• Custom Tailored Suits and Dresses
• Fashion Accessories (Scrunchies, Bonnets)
• Exclusive African-Inspired Designs
Challenges/Needs:
When K-Compass first sought assistance from SEDA, the business was still new in the market, having just started operations with no established presence. As a young entrepreneur, Kgalaletso Letsoalo faced challenges in navigating the business landscape and needed support to build a strong foundation.
Intervention Insights and Results
Intervention Details:
SBAT was conducted and based on the challenges stated above, Seda assisted with the following:
• Trade Exhibition at Bloem Plaza to introduce the brand
• Lemo fest fashion show 2024 to showcase their products
• Promotional material for access to local markets
• Training in partnership with EBL and NYDA (Business management masterclass)
• Trade Exhibition at Bloem Plaza to introduce the brand
• Lemo fest fashion show 2024 to showcase their products
• Promotional material for access to local markets
• Training in partnership with EBL and NYDA (Business management masterclass)
Outcome Details:
Through SEDA’s support, K-Compass participated in a trade exhibition at Bloem Plaza, gaining valuable market exposure. The business also received funding to showcase its designs at the Lemo Fashion Show 2024, further enhancing brand visibility. To strengthen its identity, marketing materials were developed, and Kgalaletso attended a Business Management Masterclass in partnership with EBL and NYDA. As a result, K-Compass has experienced significant growth, increasing its turnover from R0 to over R60,000 per year and sustaining one job, marking a strong foundation for future expansion.
Client Feedback
Client Comments:
SEDFA helped me grow my brand and reach new markets