Iintsama (Pty) Ltd
| Business Location: | Township |
| Province | Eastern Cape |
| Branch: | Nelson Mandela Bay |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Iintsana (Pty) Ltd t/a Lunch Box has proudly served as a reliable catering services provider since 2023. The company’s commitment to delivering exceptional service has earned its long-standing partnerships with clients. From April 2023, the company has maximised its revenue from R400 per day to over R3000 daily. The company has secured private catering services to big established NGOs such as gift of the givers offering 3000 meals a day.
Challenges/Needs:
When Sedfa conducted a diagnostic assessment report, the following challenges were identified:
As part of Iintsana (Pty) Ltd t/a Lunch Box growth journey, they have consistently sought ways to enhance their catering services, recognizing the need for greater comfort during their catering services, Iintsana (Pty) Ltd approached Sedfa for assistance and explored the possibility of expanding the business, however, this goal seemed challenging due to financial constraints, the company lacked financial strength to expand.
Intervention Insights and Results
Intervention Details:
To address the challenges above, Sedfa assisted Iintsana (Pty) Ltd t/a Lunch Box with Facilitation of access to finance-Asset Assist Grant Funding.
Outcome Details:
Sedfa intervention achieved the following outcomes:
The turnover increased from R922 880.00 to R1 287 301.00. (28.31%)
The company employees increased from 4 to 5 employees.
The company received grant funding to the value of R224 722.10 for acquiring new equipment.
The turnover increased from R922 880.00 to R1 287 301.00. (28.31%)
The company employees increased from 4 to 5 employees.
The company received grant funding to the value of R224 722.10 for acquiring new equipment.
Client Feedback
Client Comments:
“Being funded by Sedfa through Asset Assist has given us an opportunity to grow our business further and to build more partnerships. We are beyond excited about the new equipment and machinery that will make a huge difference in our business.”
