Masilas Group Trading
| Business Location: | Rural area - Villages |
| Province | Limpopo |
| Branch: | Mopani |
| Business Start Date: | 2023-11-11 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Manufacturing – Bakery and Confectionery
Challenges/Needs:
The business needed bakery equipment and applied for Seda Assets Assist Programme.
• Bakery Equipment
Intervention Insights and Results
Intervention Details:
An assessment of the business was conducted, and the following recommendations were made and implemented:
• The client was assisted with compliance
• Application for finance – SEDA- Asset Assist Programme
• Market facilitation through local pop-up market exhibition
• The client was assisted with compliance
• Application for finance – SEDA- Asset Assist Programme
• Market facilitation through local pop-up market exhibition
Outcome Details:
The following outcomes were a result of the interventions that were implemented:
• The application was successful, and the business was approved R 250 000.00 to increase assets (Bakery Equipment)
• The number of customers has increased significantly due to the new location.
• Its turnover has increased by 35% from R 87 132 to R 139 007.
• The business has sustained the 3, even during tough economic times and manage to create 1new employment.
• The application was successful, and the business was approved R 250 000.00 to increase assets (Bakery Equipment)
• The number of customers has increased significantly due to the new location.
• Its turnover has increased by 35% from R 87 132 to R 139 007.
• The business has sustained the 3, even during tough economic times and manage to create 1new employment.
Client Feedback
Client Comments:
“I’ did not know Seda until 2023 when my friend sends me a screen shot from his WhatsApp for the assets assist funding advertisement. I wanted to buy bakery equipment but did not have money, then I applied online and was very happy when I receive a call from Seda office about my application for funding and that was the beginning of my success business journey. Thank you Sedfa continue with the good work.’’
