Makabaza Trading Enterprise (Pty) Ltd
| Business Location: | Rural area - Villages |
| Province | North West |
| Branch: | Dr Ruth Mompati |
| Business Start Date: | 2013-11-22 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Retail of General Goods: Sells everyday household items such as groceries, toiletries, cleaning products, and basic clothing. Offers convenience products to local residents, especially those in rural areas with limited access to large retail stores.
Gas Refills: Provides LPG (liquefied petroleum gas) refilling services, which are essential for cooking and heating in areas without electricity or with unreliable supply. This service adds value and attracts regular foot traffic.
Additional Services: Airtime and electricity sales. Basic stationery or school supplies. Seasonal products (e.g., school uniforms, festive goods). Lotto, vouchers, and subscriptions.
Challenges/Needs:
Makabaza Trading Enterprise faces several operational challenges, including limited access to working capital, which affects its ability to maintain sufficient stock levels. Operating in the rural area of Morokweng Village also presents infrastructure issues such as unreliable electricity and transport. The business competes with both formal and informal retailers, and compliance requirements like CSD registration can hinder access to formal procurement opportunities. The client visited Sedfa with an aim of getting assistance with accessing financial support for the purpose of expanding the business. A Small Business Assessment Tool was used to conduct an assessment, and a few recommendations were made to avert these challenges.
Intervention Insights and Results
Intervention Details:
Sedfa’s diagnostic assessment identified a need to support the business by facilitating access to finance through ecosystem partners. The entrepreneur was assisted in developing a business plan, which was submitted to potential funders. By implementing the action plans outlined in the business plan, the owner successfully improved business operations and achieved growth.
Outcome Details:
The business’ turnover has increased from R600 000 to R774 000. The business managed to sustain current employment of 2 employees and created 1 job. The funding application is in progress and the owner is awaiting feedback.
Client Feedback
Client Comments:
“Thank you for the support, hopefully we will receive funding.” Said Mr. Mbuli.
