SICENGU FUNERAL GROUP
Business Location: | Rural & Township |
Province | Eastern Cape |
Branch: | Amathole |
Business Start Date: | 2011-10-12 |
Busniess Type: | Co-operative |
Business Dynamics and Challenges
Business Activities:
The co-operative has made a notable impact in the community since its establishment by providing essential funeral services (funeral planning, arrangements, coffins, tombstones, chairs, tents and transport) and affordable funeral covers, which is crucial for community members during difficult times.
Challenges/Needs:
Capacity constraints (limited offerings to cater to client requirements);
High operating cost due to outsourcing of transport and equipment; and
Lack of capital to finance expansion requirements.
Intervention Insights and Results
Intervention Details:
Diagnostic assessment (Assessment of Company Operations); and
Facilitation of access to funding through the development of a comprehensive funding proposal.
Facilitation of access to funding through the development of a comprehensive funding proposal.
Outcome Details:
The co-operative received grant funding (R1 139 208.40) through the CDSP Programme, which enabled the entity to purchase the necessary equipment and expand its service offerings. This growth not only enhances the value proposition but also strengthens the local economy.
Client Feedback
Client Comments:
“Ours success highlights the power of community-driven initiatives and impact of targeted financial support towards rural areas – this is a much-needed intervention and will go a long way in enhancing and stabilising our business operations” ………
Chairperson – Sicengu Funeral Group Primary Co-op Ltd
Chairperson – Sicengu Funeral Group Primary Co-op Ltd