Amofe Bakery

Business Location: Rural area - Villages
Province Limpopo
Branch: Waterberg
Business Start Date: 2022-12-01
Busniess Type: Company

Business Dynamics and Challenges

Business Activities: Bakery
Challenges/Needs: Florence Papo first visited Sedfa Waterberg branch on the 10th of May 2023 seeking business development services. During consultation and assessment, the following challenges were identified: • There was a lack of both financial planning and record keeping. • For the business to expand and meet the demand, assistance with access to finance was necessary.

Intervention Insights and Results

Intervention Details: • She attended a five-day Financial Management training course that assisted her with financial recording and planning.
• Client was assisted with business plan and application for finance.
Outcome Details: • Turnover increased from R 357 330 to R 1 678 443 per annum.
• Two new jobs were created, increasing employment from 4 to 6 jobs.
• The business owner can record its finances accurately using MS Excel.

Client Feedback

Client Comments: Florence Sewela Papo: “I am thankful of Sedfa services I am improving the way I am running my business”
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