House of AfikaM
| Business Location: | Urban |
| Province | Eastern Cape |
| Branch: | Amathole |
| Business Start Date: | 2015-05-11 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Hair Salon and Beauty Product Manufacturer
Challenges/Needs:
The business challenges identified were-;
Lacked equipment and machinery for their expansion
Needed funding to upgrade the existing business
The business needed signage for their new branch
Lack of accreditation for training as they look add skills transfer to their services
Intervention Insights and Results
Intervention Details:
• Nathi Siyakwazi was appointed to assist the company with layout and process flow for the business
• The company was assisted to apply for the TTA grant via Seda National Office.
• The business was also assisted with training in permanent make up in China
• The business also applied for LRED grant by Dept. of Economic Development, Affairs Environment and Tourism.
• Polaz Is IT was appointed to do signage for the businesses new branch
• The business is now Accredited as a training institution by QCTO for Hairdressing qualification
• The company was assisted to apply for the TTA grant via Seda National Office.
• The business was also assisted with training in permanent make up in China
• The business also applied for LRED grant by Dept. of Economic Development, Affairs Environment and Tourism.
• Polaz Is IT was appointed to do signage for the businesses new branch
• The business is now Accredited as a training institution by QCTO for Hairdressing qualification
Outcome Details:
The business received R2,3 Million from LRED funding
The SMME was approved for TTA from Seda for R750 000
The SMME has opened a new branch in Mthatha under its sister company House of Afika M
The business employs a total of 18 including the owner.
The business turnover increased from R3 877 351 to R4 553 262
The SMME was approved for TTA from Seda for R750 000
The SMME has opened a new branch in Mthatha under its sister company House of Afika M
The business employs a total of 18 including the owner.
The business turnover increased from R3 877 351 to R4 553 262
Client Feedback
Client Comments:
Seda has been great help in my business ventures, thank you
