Rest Recycle
| Business Location: | Rural & Township |
| Province | Eastern Cape |
| Branch: | Nelson Mandela Bay |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Recycling business
Challenges/Needs:
Limited branding and marketing resources, which restrict visibility and market reach.
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Lack of appropriate machinery required to process recyclable waste efficiently.
Intervention Insights and Results
Intervention Details:
The company received business advisory support through SEFDA, which provided guidance on operational improvement and business development.
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An application was submitted for Asset Assist grant funding to acquire a vehicle and improve operational capacity.
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An application was submitted for Asset Assist grant funding to acquire a vehicle and improve operational capacity.
Outcome Details:
The company was approved for Asset Assist funding amounting to R250,000, which enabled the purchase of a Nissan NP200 vehicle, significantly improving operational efficiency, collection capacity, and turnaround times.
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As a result of business expansion, the company successfully employed five additional staff members.
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The business recorded substantial growth, increasing from R21054.1 to R230000, achieving 992.424% growth in sales in the current year,
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As a result of business expansion, the company successfully employed five additional staff members.
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The business recorded substantial growth, increasing from R21054.1 to R230000, achieving 992.424% growth in sales in the current year,
Client Feedback
Client Comments:
The asset assist program assisted us significantly by increasing our sales and employment".
