Lebo Braids Specialist

Business Location: Rural area - Villages
Province Limpopo
Branch: Waterberg
Business Start Date:
Busniess Type: Company

Business Dynamics and Challenges

Business Activities: 1. Hair Saloon 2. Hair Product 3.Training hairdresser
Challenges/Needs: Lebo Kutumela initially reached out to the SEDA Waterberg branch in October 2022 and has utilized various services since that time. In February 2024, the client's business was evaluated, revealing a couple of challenges, the main challenges as follows: • Limited business skills crucial in understanding how to run and grow the business. • Inability to maximise access to the target market due to lack of branding and marketing material.

Intervention Insights and Results

Intervention Details: • Standard bank wallet wise mentorship that was focusing on financial management from 25 June 2024 to 16 July 2024
• Marketing Material that was completed in December 2024 that is used to market the business
Outcome Details: • Turnover increased from R 120 000 to R 430 000 per annum, a 258% growth.
• Three new jobs were created, increasing employment from 4 to 7 jobs.
• The Standard Bank Wallet Wise mentorship provided the client with the knowledge necessary to focus on business growth and revenue increase.

Client Feedback

Client Comments: Seda is helping me a lot in my business I am thankful for all the support
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