Elegant Taps and Home
| Business Location: | Rural area - Villages |
| Province | Mpumalanga |
| Branch: | Nkomazi |
| Business Start Date: | 2024-04-01 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The business provides upscale kitchen and bathroom fixtures, with a focus on upscale sanitaryware and customized solutions for exclusive customers.
Challenges/Needs:
- Lack of capital to increase capacity
- Low Customer Base
- Tense Competition with well-developed suppliers like Patel, Built It
Intervention Insights and Results
Intervention Details:
Facilitation of access to finance
Assistance with access to market
Mentorship and coaching
Assistance with access to market
Mentorship and coaching
Outcome Details:
Sedfa Practitioner assisted the business to apply for SEDFA Asset Assist Programme. The application was launched through a Sedfa Sefala application platform as part of the application process and an amount of R 214, 040.00 was approved for the procurement of equipment.
Client Feedback
Client Comments:
We're always grateful to Sedfa for providing us with the chance to use their funding facility at this critical juncture
