Yindalo creations and trading
| Business Location: | Urban |
| Province | Limpopo |
| Branch: | Waterberg |
| Business Start Date: | 2015-10-28 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Car Wash and Fast Foods
Challenges/Needs:
Ms. Hope Nomkhosi Sibiya initially contacted Sedfa Waterberg branch in 2024 seeking advice of how to grow the business. During consultation and assessment of company operations, the following challenges were identified:
• Access to finance: The business lacked finance to buy stock for fast food division.
• Training: Financial and inventory management skills needed improvement.
Intervention Insights and Results
Intervention Details:
The business was assisted with the following:
• Training in Inventory Management to manage inventory flow and buying patens.
• Access to W & R Seta funding to purchase inventory worth R 6000.
• Training in Inventory Management to manage inventory flow and buying patens.
• Access to W & R Seta funding to purchase inventory worth R 6000.
Outcome Details:
• Turnover increased from R 672 000 to R 780 000 per annum, a 16% growth.
• Two new jobs were created, increasing employment from 3 to 7 jobs.
• The business can now effectively manage finance and inventory.
• Two new jobs were created, increasing employment from 3 to 7 jobs.
• The business can now effectively manage finance and inventory.
Client Feedback
Client Comments:
Ms. Hope Nomkhosi Sibiya: “we are thankful to SEDFA with the purchase of inventory”