Sfs holding (Pty) LTD
| Business Location: | Rural & Township |
| Province | Western Cape |
| Branch: | City of Cape Town |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Beyond providing connectivity, SFS Holdings is dedicated to community development through digital enablement, supporting access to educational resources, enhanced business operations for local entrepreneurs, improved communication capabilities, and increased digital literacy.
Challenges/Needs:
The following challenge was identified:
o
Lack of access to funding.
Intervention Insights and Results
Intervention Details:
The client approached SEDFA City of Cape Town Branch for assistance in her business. She was introduced to one of the Business Advisors who conducted a Small Business Assessment (SBAT). The SBAT aimed to assist the business in identifying its strengths and weaknesses and to assist in how best to improve
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competitiveness, as well as to gain an adequate market share. The assessment assisted the business to make accurate, realistic goals on all aspects of the business to address the shortcomings to identified challenges.
The following intervention was implemented:
o
Facilitated access to equipment through the Informal and Micro Enterprise Development Programme (IMEDP).
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SUCCESS STORY SD -0024
competitiveness, as well as to gain an adequate market share. The assessment assisted the business to make accurate, realistic goals on all aspects of the business to address the shortcomings to identified challenges.
The following intervention was implemented:
o
Facilitated access to equipment through the Informal and Micro Enterprise Development Programme (IMEDP).
Outcome Details:
Revenue increased from R 115 000 to R 390 000, an increase of 239.13%, and
Employment increased by 1 from 3 to 4 staff members.
Employment increased by 1 from 3 to 4 staff members.
Client Feedback
Client Comments:
“Through the support of Sedfa, we were able to employ an additional staff member, strengthen our operational capacity, and achieve measurable revenue growth. Our journey reflects not only entrepreneurial progress, but a dedication to uplifting underserved communities through accessible, reliable, and affordable internet solutions."