Bazamile Recycling and General Co-Operative
Business Location: | Rural area - Villages |
Province | KwaZulu-Natal |
Branch: | Harry Gwala |
Business Start Date: | 2011-06-01 |
Busniess Type: | Co-operative |
Business Dynamics and Challenges
Business Activities:
The business offers waste management services in the Nkosazana Dlamini Zuma Local Municipality
Challenges/Needs:
• The business was hiring trucks at exorbitant rates to deliver recycled materials to customers in Durban and Pietermaritzburg
• Inability to collect waste and refuse from businesses and residences in the outer lying areas of Underberg
• Inability to develop a waste and refuse collection schedule
Intervention Insights and Results
Intervention Details:
• Assistance with funding application to the Co-Operative Development Support Programme
• Procurement of an 8-ton truck with dropside body valued at R972 601 following the success of the CDSP Application
• Procurement of an 8-ton truck with dropside body valued at R972 601 following the success of the CDSP Application
Outcome Details:
• Turnover increased by 20% from R480 000,00 the previous year to R576 000,00 in the current year.
• Net profit increased by 371% from R10 500,00 the previous year to R49 500,00 in the current year
• 15 new contract jobs created
• Net profit increased by 371% from R10 500,00 the previous year to R49 500,00 in the current year
• 15 new contract jobs created
Client Feedback
Client Comments:
Thank you to Sedfa for assisting us with our funding application and for acquiring the truck. This will help us to grow the business even further and create the much needed jobs in our area. The intervention has already yielded so many positives for the business in a short space of time. We hope that Sedfa will continue to guide and assist us in our journey.