Sam Molobi (PTY) LTD
| Business Location: | Rural area - Villages |
| Province | Limpopo |
| Branch: | Waterberg |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The business focuses on the de-feathering, packaging, and distribution of chickens. The primary goal is to achieve profitability while selling high-quality chickens at reasonable prices to establish a sustainable broiler enterprise and gain a foothold in the broiler packaging market. The core activity is broiler production, with plans for future growth by purchasing and reselling additional chickens on-site for added value.
Sam Molobi (PTY) LTD Pty Ltd has land and a holding pan/house to keep the chickens before slaughter. The aim of the project is to acquire extra 2000 chickens per month. The business is well positioned to serve diverse range of clientele including the following, local individuals, mostly retail outlets, fast foods outlets, tshisanyama`s, individual households and contractors of government department and anyone lazy to de-feather a chicken. One of the main strengths of the business is that they also de-feather/plugging chickens at clients request which in near future will be standard offering at Sam Molobi (PTY) LTD.
Sam Molobi (PTY) LTD struggled with access to funding to increase broiler production. The company relied on 600 capacity chicken house which was not enough to be sustainable. This has had a detrimental impact on the company's growth and development when compared to competitors who use have enough capacity to meet demand by the market.
The business practice sustainable trade and ethical business principles and the owner strives to make a difference in the community by hiring local young people. The business is well positioned to be a leading broiler supplier in the Lephalale area.
Challenges/Needs:
Discussions with Waterberg Business Advisor & Assessment of business revealed, amongst other challenges, the following weaknesses:
• Inadequate tools and equipment
• Inadequate chicken houses for expansion
• Lack of Financial Management Systems
• Lack of Human Resource Management Systems
Intervention Insights and Results
Intervention Details:
• To enhance chances of accessing funding and boost sales, SEDFA assisted and prepared clients to participate at Exxaro Pitch for Funding 2024- Pitching presentation.
Outcome Details:
• Client managed win R250 000.00 from Exxaro Pitch for Funding Competition.
• Turnover increased from R271 347.00 to R292 300.00 pa, a 7.72% growth.
• The business created additional jobs, increasing employment from 1 to 4 permanent employees.
• Turnover increased from R271 347.00 to R292 300.00 pa, a 7.72% growth.
• The business created additional jobs, increasing employment from 1 to 4 permanent employees.
Client Feedback
Client Comments:
To SEDFA, I am writing to express my sincere gratitude for your invaluable assistance with preparation for Exxaro Pitch for Funding. Your support has been great in that I managed to be among the first 3 winners of R250 000.00, and we are deeply appreciative of your continuous support. Our business will most definitely grow from strength to strength.
