Pontshoanas Trading

Business Location: Rural area - Villages
Province Limpopo
Branch: Sekhukhune
Business Start Date: 2013-07-20
Busniess Type: cc

Business Dynamics and Challenges

Business Activities: ICT company that provides Internet Connectivity, computer repair solutions
Challenges/Needs: 1. Lack of Mobility: o Unfulfilled orders o Poor turnaround times o Inability to access broader markets, specifically in Matlerekeng village and Marble Hall town. 2. Inability to Access Funding: o Due to incomplete or unavailable financial statements.

Intervention Insights and Results

Intervention Details: • Appointed a service provider to conduct financial cleanup.
• Developed a funding proposal.
• Facilitated access to funding through the SEDFA Asset Assist Programme.
Outcome Details: • Successfully secured grant funding of R233,000 from the Asset Assist Programme for a branded NP200 motor vehicle with a canopy.
• Gained 40 new regular clients compared to the previous year.
• Increased turnover by R56,800, from R629,985 to R682,785.
• Net profit rose to R52,800.
• Employment increased by 5, from 10 to 15 employees

Client Feedback

Client Comments: “This experience is overwhelmingly positive and brings hope for our future as we believe in government funding systems. We are confident that our business will continue to grow from strength to strength.”
SS06202
SS06202
SS06202
SS06202