ISIHLAHLA SEPENTSHISI TRADING
| Business Location: | Rural area - Villages |
| Province | KwaZulu-Natal |
| Branch: | King Cetshwayo |
| Business Start Date: | 2019-11-04 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Agriculture
Challenges/Needs:
A business assessment conducted by SEDFA revealed the following key challenge:
Limited Access to Equipment Financing: As a growing enterprise, the business struggled to acquire high-quality equipment without external financial support, which constrained its production capacity and overall growth potential.
Intervention Insights and Results
Intervention Details:
Facilitation of access to finance through the Asset Assist Programme to enable procurement of essential equipment and livestock.
Outcome Details:
Through approval and successful completion of the procurement process for equipment, machinery, and goats, the business achieved the following:
- Increased turnover from R320,000.00 to R408,000.00, representing a 27.5% growth.
- Created employment opportunities for two additional semi-skilled workers, contributing to local job creation.
- Increased turnover from R320,000.00 to R408,000.00, representing a 27.5% growth.
- Created employment opportunities for two additional semi-skilled workers, contributing to local job creation.
Client Feedback
Client Comments:
"We have been given an opportunity to expand and grow as a business, and we are truly grateful for all the hard work that has been put into ensuring our success. We are thankful that SEDFA offered us this chance, and we are committed to making the best out of it at all times.”
