Tlholo Community Co-operative
| Business Location: | Urban |
| Province | Free State |
| Branch: | Mangaung Branch |
| Business Start Date: | |
| Busniess Type: | Co-operative |
Business Dynamics and Challenges
Business Activities:
Tourism Sector – Accommodation Establishment
Challenges/Needs:
The business experienced challenges with access to finance, so that they can acquire the sound system to cater for more events and a bigger sound system to cater for bigger events. The co-op also needed funding to acquire the solar panels which would be used as an alternative power source during loadshedding so that it does not affect operation
Intervention Insights and Results
Intervention Details:
The co-operative members applied for the Co-Operative Development Support Programme (CDSP). The co-operative was approved a grant to the value to R276,406.00 to acquire the sound system and the solar panels
Outcome Details:
Sedfa intervention yielded positive results. The business turnover improved from R22,900 per month to R35,000 per month and the co-operative employment profile increased by 3 staff from 6 to 9. The business also opened a tshisanyama and cooked foods outlet as part of their expansion plan
Client Feedback
Client Comments:
Sedfa has assisted my business to expand its operation through the CDSP grant
