Mphatsi Holdings
| Business Location: | Rural |
| Province | Mpumalanga |
| Branch: | Nkomazi |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The company is situated at Goba Trust and its core function is to process stone blocks to create two varieties of crusher stones: 13mm and 19mm concrete stones. The company's objective is to satisfy the demands of the construction sector, specifically those of the Ehlanzeni Region's Construction SMMEs (Contractors). Like other small and micro-businesses of its size, Mphatsi Holdings has had trouble finding capital to improve capacity.
Challenges/Needs:
Challenges
- Lack of capital to improve capacity,
- Low Customer Base
- Low sales volumes
Intervention Insights and Results
Intervention Details:
Intervention / Solution
• Facilitation of access to finance,
• Basic Business Skills Training
• Facilitation of access to finance,
• Basic Business Skills Training
Outcome Details:
Their breakthrough came when they engaged with Sedfa Nkomazi in 2024 seeking funding assistance to increase capacity. At Sedfa a Business Practitioner conducted a diagnostic assessment that revealed various gaps in the business that needed attention, however priority was access to finance. The business owner was assisted to complete Asset assist Programme application forms which yielded a positive outcome and an amount of R 233, 910.00 was approved for equipment financing.
Client Feedback
Client Comments:
“We are appreciative of Sedfa's efforts in helping us realize our dream”
