Ingakuhle Trading Enterprise
| Business Location: | Urban |
| Province | Eastern Cape |
| Branch: | Nelson Mandela Bay |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The company offers the following services-;
• Hiring out and delivering event equipment and organizing Decor for events.
• Coordinating and hosting private events.
• Spotting event venues and organizing government-sponsored events.
• Catering for private events where we serve hundreds of guests at a time.
• Catering for government departments and at government-organized events held in stadiums etc.
• Supplying groceries for government-run school nutrition programs.
• Supplying groceries and catering for state funerals and sponsored events.
• Supplying cleaning supplies and cleaners for private accommodation.
Ingakuhle Trading Enterprise cc targets corporate clients, weddings, and private events, offering premium-quality meals, customized menus, and reliable service for both small and large gatherings.
Challenges/Needs:
When Sedfa conducted a diagnostic assessment report, the following challenges
were identified:
• The company lacked financial strength to expand.
Intervention Insights and Results
Intervention Details:
To address the challenges above, Sedfa assisted Ingakuhle Trading Enterprise cc
with Facilitation of access to finance-Asset Assist Grant Funding
with Facilitation of access to finance-Asset Assist Grant Funding
Outcome Details:
Sedfa intervention achieved the following outcomes:
❖ The company’s turnover increased from R212 302,00 to R447 135,00
(53%)
❖ The company received Asset Assist grant funding to the value of R157
999,00 to purchase mobile food truck
❖ The company’s turnover increased from R212 302,00 to R447 135,00
(53%)
❖ The company received Asset Assist grant funding to the value of R157
999,00 to purchase mobile food truck
Client Feedback
Client Comments:
“Thank you for providing the funding to support my food truck venture. we are
truly grateful for your confidence in our vision and your investment in this business.
Your support brings us one step closer to serving our community with quality food
and exceptional service. Thank you for believing in this dream.”
truly grateful for your confidence in our vision and your investment in this business.
Your support brings us one step closer to serving our community with quality food
and exceptional service. Thank you for believing in this dream.”
