Izinkukhu Ezinenhlanhla (Pty) Ltd
| Business Location: | Rural area - Farms |
| Province | KwaZulu-Natal |
| Branch: | Durban |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Izinkukhu Ezinenhlanhla is engaged in the following primary business activities:
1. Poultry Farming and Egg Production: Rearing hens specifically for the purpose of egg laying.
2. Vegetable Cultivation: Planting and growing vegetables from seed to maturity.
3. Sales and Distribution: Supplying the produced eggs and vegetables directly to the informal market.
4. Agricultural Asset Management: Operating and managing all business activities from a company-owned farm.
Challenges/Needs:
The business experienced the following challenges:
o High Upfront Costs & Lagged Revenue: There are substantial upfront costs for feed, seedlings, and care, while revenue from eggs and harvests comes much later. This can create cash flow gaps.
o Limited Access to Capital: Securing funding for expansion (into avocados, etc.) can be difficult, especially as a netheyr, small-scale enterprise.
o Competitive Informal Market: The informal market is often highly price-sensitive, making it difficult to raise prices to cover increasing costs.
o Inability to Achieve Economies of Scale: As a smaller operation, the business may have a higher cost per unit than large commercial farms, making it harder to compete on price.
Intervention Insights and Results
Intervention Details:
Through the Asset Assist Support Programme (AAP), Izinkukhu Ezinenhlanhla secured 100% grant funding of R230,000.00. This funding enabled the business to make crucial improvements, including:
• Tractor
• Implements
This intervention strengthened the business’s resilience, improved workplace conditions, and provided peace of mind for the directors and employees.
• Tractor
• Implements
This intervention strengthened the business’s resilience, improved workplace conditions, and provided peace of mind for the directors and employees.
Outcome Details:
The intervention has delivered significant measurable results for Izikunkhu Ezinenhlanhla, strengthening both its financial performance and social impact in the community:
• Turnover Growth: Revenue grew from R1000 000 to R1 250 000, reflecting a conservative yet acceptable increase of R250 000 (20%). This improvement is directly attributable to the acquisition of the tractor and implements.
• Job Creation: The company was able to create 2 jobs and sustain 3 jobs ensuring continued livelihoods for its employees.
• They have secured a contract to supply vegetables to a company that is contracted to a big retailer.
• Turnover Growth: Revenue grew from R1000 000 to R1 250 000, reflecting a conservative yet acceptable increase of R250 000 (20%). This improvement is directly attributable to the acquisition of the tractor and implements.
• Job Creation: The company was able to create 2 jobs and sustain 3 jobs ensuring continued livelihoods for its employees.
• They have secured a contract to supply vegetables to a company that is contracted to a big retailer.
Client Feedback
Client Comments:
“The support helped us sustain, improve operations, and secure jobs. They are grateful and confident about Izinkukhu Ezinenhlanhla’s future” – Ms Pravanie Govender
