Ahzyon Couture
| Business Location: | Urban |
| Province | KwaZulu-Natal |
| Branch: | Uthukela |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Fashion designing and sewing.
Challenges/Needs:
• Lack of capital for acquiring industrial equipment and machinery,
• The business had a challenge in selling the products because of the brand being unknown.
Intervention Insights and Results
Intervention Details:
The business was assisted to access Seda Asset Assist funding to purchase industrial sewing machines and machinery.
Outcome Details:
• The business accessed funding to the value of R 245 116.02 and bought industrial sewing machinery, office equipment and materials.
• Sewing lines increased from 1 to 3 which has greatly improved the number of garments produced per day.
• Revenue increased by R300 300.00, from R249 700,00 to R 550 000,00, reflecting a 120% increase.
• The number of employees was increased from 1 to 3, reflecting a 200% increase.
• The net profit increased by R 122 090,00 from R 27 110,00 to R 149 200,00, reflecting a 450% increase.
• The business managed to get product listing with Vittoria and Co boutique that is based in Waterfall Mall in Durban. The average monthly turnover from Vittoria and Co is R 15 000.00 and the business projects to achieve annual sales of R 240 000.00 in the next 12 months from this listing.
• Sewing lines increased from 1 to 3 which has greatly improved the number of garments produced per day.
• Revenue increased by R300 300.00, from R249 700,00 to R 550 000,00, reflecting a 120% increase.
• The number of employees was increased from 1 to 3, reflecting a 200% increase.
• The net profit increased by R 122 090,00 from R 27 110,00 to R 149 200,00, reflecting a 450% increase.
• The business managed to get product listing with Vittoria and Co boutique that is based in Waterfall Mall in Durban. The average monthly turnover from Vittoria and Co is R 15 000.00 and the business projects to achieve annual sales of R 240 000.00 in the next 12 months from this listing.
Client Feedback
Client Comments:
“I appreciate the exceptional service received from SEDFA, especially the Business Advisor that we are working with.”
