PKT ABEYANCE
| Business Location: | Township |
| Province | Limpopo |
| Branch: | Capricorn |
| Business Start Date: | 2013-04-29 |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Its core business activities include the mending and production of clothing, as well as the provision of laundry services. The
Challenges/Needs:
The main challenge faced by the company was:
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Lack of appropriate equipment to support and grow operations.
Intervention Insights and Results
Intervention Details:
PKT Abeyance was subsequently assisted with an application for the Asset Assist Support Programme (ASP). The application was approved, and the business was supplied with laundry equipment to enhance its operational capacity.
Outcome Details:
The impact of the intervention is evidenced by the following outcomes:
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Access to ASP funding to the value of R250 000.
•
An increase in clientele, with targeted customers continuing to support the business.
•
Revenue growth of approximately 468%, increasing from R52 380 at the intervention stage to R297 700 per annum at the impact assessment stage.
•
The business successfully sustained three jobs despite challenging economic conditions.
•
Access to ASP funding to the value of R250 000.
•
An increase in clientele, with targeted customers continuing to support the business.
•
Revenue growth of approximately 468%, increasing from R52 380 at the intervention stage to R297 700 per annum at the impact assessment stage.
•
The business successfully sustained three jobs despite challenging economic conditions.
Client Feedback
Client Comments:
A big up for SEDFA’s support.
