Tumakgole Enterprise
| Business Location: | Rural area - Villages |
| Province | Limpopo |
| Branch: | Vhembe |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The business is selling Kota, chips, achaar and vegetables
Challenges/Needs:
•The business experienced challenges of low sales due to a shortage of stock.
•Unavailability of funds to buy stock
•Management of stock was inadequate.
•There was no Business account
•Business finances were not managed properly.
Intervention Insights and Results
Intervention Details:
• When the client approached Sedfa office, a business assessment was
conducted to understand how the business is operating and the challenges
• The client was assisted to apply for finance from W & R SETA Spaza Shop
Programmme
• The following training courses were conducted: Basic inventory management
training and Food Safety.
•Facilitation of Access to finance from the W & R SETA program was done.
conducted to understand how the business is operating and the challenges
• The client was assisted to apply for finance from W & R SETA Spaza Shop
Programmme
• The following training courses were conducted: Basic inventory management
training and Food Safety.
•Facilitation of Access to finance from the W & R SETA program was done.
Outcome Details:
•The client received funds from W & R SETA amounting to R6500 for stock.
•The business has moved from the owner’s home to an industrial site where there is easy access to customers. The place is also opposite the local high school.
•Turnover has increased from R57 500 to R124 456
•Through training, the business is now able to manage inventory, conduct stock tracking, and ensure that inventory is stored safely.
•The business has moved from the owner’s home to an industrial site where there is easy access to customers. The place is also opposite the local high school.
•Turnover has increased from R57 500 to R124 456
•Through training, the business is now able to manage inventory, conduct stock tracking, and ensure that inventory is stored safely.
Client Feedback
Client Comments:
We are happy with the services we received. Thank you, SEDFA
