N T Mapasha Enterprises (Pty) Ltd
| Business Location: | Rural |
| Province | Gauteng |
| Branch: | Seda Tshwane Branch |
| Business Start Date: | 2017-06-02 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The Tuck shop sells Groceries, Airtime, snacks and cooldrinks, paraffin and gas. The ADDPAY POS machine is doing very well with paraffin sales being a competitive edge amongst foreign national spaza shops. The market includes General Public and commuters in the informal settlement of Phumzile Park.
Challenges/Needs:
The business experienced the following challenges
Lack of formalization of the informal settlement.
Lack of business skills such as financial management, business planning administration and marketing
Poor / no marketing for the business.
Lack of access to funding.
Intervention Insights and Results
Intervention Details:
The business owner attended a briefing session in 2022, in Cullinan and made a follow-up visit where he was assessed and became a Sedfa client since. The following interventions were implemented in the client business.
o The business received Start-Up 1 course, Financial Management training from Sedfa as well as ADDPAY POS machine.
o The business owner is approved for W&R Seta grant for Inventory Training and stock funding;
o The business received Start-Up 1 course, Financial Management training from Sedfa as well as ADDPAY POS machine.
o The business owner is approved for W&R Seta grant for Inventory Training and stock funding;
Outcome Details:
The Sedfa’s Intervention has benefited the client in the following ways
Sedfa advisory, Trainings interventions as well as W&R Seta inventory Management training and Stock valued at R6 500 improved sales (variety and availability) and reputation.
The business is running more efficiently in respect of financial management, administration, and general operations
The business’s turnover improved by R39 000, or 46% from R84 000 to R123 000. The net profit also improved by R4 000 or 200% from R2 000 to R6 000.
One new job was created, and one was sustained. The business now has 2 employees.
Sedfa advisory, Trainings interventions as well as W&R Seta inventory Management training and Stock valued at R6 500 improved sales (variety and availability) and reputation.
The business is running more efficiently in respect of financial management, administration, and general operations
The business’s turnover improved by R39 000, or 46% from R84 000 to R123 000. The net profit also improved by R4 000 or 200% from R2 000 to R6 000.
One new job was created, and one was sustained. The business now has 2 employees.
Client Feedback
Client Comments:
“I feel blessed to have Sedfa by our side, I pray that the formalization happen and the business grow. I wish Sedfa all the best in assisting small businesses.”
