Madigage Farming
Business Location: | Urban |
Province | Free State |
Branch: | Fezile Dabi |
Business Start Date: | |
Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Production of eggs
Challenges/Needs:
• Compliance.
• Access to finance.
• Business management and other developmental trainings.
• Promotional and advertising materials.
• Access to markets.
• Suitable space for operations
Intervention Insights and Results
Intervention Details:
• Business compliance that will assist the client with finance (including financial projections)
• On-going support from SEDFA.
• In process to develop branding and packaging for the client
• Link to various markets and institutions.
• On-going support from SEDFA.
• In process to develop branding and packaging for the client
• Link to various markets and institutions.
Outcome Details:
• Finance through SEDFA’s Asset Assist Program to the value of R 165,068.00.
• Business compliance including financial projections and the Certificate of Acceptability.
• The turnover of the enterprise increased from R 6 000.00 to R 85 290 p.a.
• Appointment of two employees excluding the owner.
• Improved business management tactics.
• Business compliance including financial projections and the Certificate of Acceptability.
• The turnover of the enterprise increased from R 6 000.00 to R 85 290 p.a.
• Appointment of two employees excluding the owner.
• Improved business management tactics.
Client Feedback
Client Comments:
‘I thank SEDFA and Mr. Eldene Ontong for each and every assistance offered to me’– Mr Velly
Madigage
Madigage