Umoya Uzosikhombisa (Pty) Ltd
| Business Location: | Rural area - Villages |
| Province | KwaZulu-Natal |
| Branch: | Harry Gwala |
| Business Start Date: | 2020-06-01 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Courier Services
Challenges/Needs:
Sedfa conducted an assessment and identified the following challenges:
• The business had only one delivery vehicle to service customers and needed replacing owing to regular breakdowns
• Inability to grow the business into other areas in the District
• Insufficient funds to purchase additional vehicles
Intervention Insights and Results
Intervention Details:
Sedfa assisted the client with the following intervention:
• Assistance with the completion of the Asset Assist Programme funding application
• Procurement of an Isuzu van with canopy to the value of R230 000 after approval was granted
• Assistance with the completion of the Asset Assist Programme funding application
• Procurement of an Isuzu van with canopy to the value of R230 000 after approval was granted
Outcome Details:
Sedfa intervention achieved the following outcomes:
• The business has expanded its services to other areas in the District after the addition of the delivery vehicle thus increasing customer numbers
• Turnover increased by 14,95% from R1 207 465.86 the previous year to R1 388 013.40 in the current year
• Net Profit increased by 171,14% from R82 180.86 the previous year to R222 824.40 in the current year
• Staff numbers have remained the same at 3 employees
• The business has expanded its services to other areas in the District after the addition of the delivery vehicle thus increasing customer numbers
• Turnover increased by 14,95% from R1 207 465.86 the previous year to R1 388 013.40 in the current year
• Net Profit increased by 171,14% from R82 180.86 the previous year to R222 824.40 in the current year
• Staff numbers have remained the same at 3 employees
Client Feedback
Client Comments:
‘’Thank you to Sedfa for assisting in taking my business to the next level. I hope that our partnership will continue for many more years’’
