Sbambene Piggery
| Business Location: | Rural |
| Province | Mpumalanga |
| Branch: | Nkangala |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The business is livestock farming, which specializes in pigs and cattle.
Challenges/Needs:
The business experienced the following challenges and needs:
• Limited capital for the purchase of livestock (weaners and calves), feeds and medication.
• Insufficient business management, budgeting and operation skills for the enhancement of business sustainability.
Intervention Insights and Results
Intervention Details:
The client was supported through various interventions, primarily focused on the business skills development and access to finance. This included the facilitation of access to finance from Victor Khanye Local Municipality – Grant Funding. These interventions enabled the company to improve financial performance, operational capacity, job creations and sustainability.
Outcome Details:
SEDFA’s intervention assisted the business in achieving the following outcomes:
• Improved business presentation and pitching skills.
• Annual turnover increased from R 562 330 to R 836 790, which yielded in 48% growth.
• Total business expenditure increased from R 538 581 to R 788 222, reflecting business growth and increased operational activity.
• The number of employees increased from 2 to 4, representing a 100% growth in employment.
• Improved business presentation and pitching skills.
• Annual turnover increased from R 562 330 to R 836 790, which yielded in 48% growth.
• Total business expenditure increased from R 538 581 to R 788 222, reflecting business growth and increased operational activity.
• The number of employees increased from 2 to 4, representing a 100% growth in employment.
Client Feedback
Client Comments:
I would like to thank Sedfa for assistance with business skills training and access to finance from Victor Khanye Local Municipality (Municipality Grant Funding). Through these interventions, our business is growing and managed to create additional employment.
