Major Financial Services - MFS Funerals
| Business Location: | Rural & Township |
| Province | Eastern Cape |
| Branch: | Nelson Mandela Bay |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The businesses main services are providing funeral services, Selling tombstone and Grocery packages. The business provides services to a wide range of clientele in and around Uitenhage and going as far as port elizabeth.
Challenges/Needs:
- The business did not have adequate equipment to service their clients, and
they had to always outsource the equipment from other well established funeral parlors
- The business did not have coffins for display in their showroom for the clients to see the types of coffins that they provide.
Intervention Insights and Results
Intervention Details:
Phumelela Bill visited the SEDFA Nelson Mandela Bay Branch and was allocated to business advisor Nhlakanipho Zondo. After conducting an assessment, the Business Advisor was able to identify the gaps and recommended interventions to take the business forward. The business was assisted with access finance through the asset assist program, and the application was successful.
Outcome Details:
- The business has since been approved for the asset assist program for an
amount of R 191,549.51.
amount of R 191,549.51.
Client Feedback
Client Comments:
“Thank you very much to SEDFA for the assets that they bought for me
and my business, this will allow me to make more money in the future
and hire more people”.
and my business, this will allow me to make more money in the future
and hire more people”.
