Ubothinjomane Trading
| Business Location: | Rural area - Villages |
| Province | KwaZulu-Natal |
| Branch: | King Cetshwayo |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The business specializes in decor, sound, stage and lighting, marquees, mobile toilets, cold room, mobile bars and outdoor furniture. They also offer general goods supply as an additional service.
Challenges/Needs:
An assessment conducted by sedfa revealed that the business faced the following challenges:
- Limited access to equipment financing: As a growing business, acquiring high-quality equipment without external funding has been a challenge.
Intervention Insights and Results
Intervention Details:
Facilitation of access to finance through Asset assist Program.
Outcome Details:
Approval and successful completion of procurement for a 1000-seater framed tent which enabled the business to:
- Increase turnover from R2,424,052.00 to R2,527,028.00 representing a 4,25% growth.
- 7 jobs sustained
- Increase turnover from R2,424,052.00 to R2,527,028.00 representing a 4,25% growth.
- 7 jobs sustained
Client Feedback
Client Comments:
We are truly grateful to Sedfa for granting us the opportunity to expand our business. This support has made a significant difference in how we serve our clients.