Ikhwezi Agro Holdings (Pty) Ltd
| Business Location: | Urban |
| Province | Mpumalanga |
| Branch: | Nkomazi |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Ikhwezi Agro Holdings is involved in the farming of macadamia nuts, sugarcane, livestock and they are in a process of adding vegetables.
Challenges/Needs:
Lack of finance to purchase a refrigerator and packaging equipment.
Lack of finance to boost their security system.
Insufficient stock.
Intervention Insights and Results
Intervention Details:
To address the identified challenge, the client was assisted with facilitation of access to finance through Asset Assist Support Programme. The business was also taken through a mentorship, coaching and consulting programme that was meant to enhance the overall business management skills.
Outcome Details:
Ikhwezi Agro Holdings was approved an amount to the value of R237 345 and was utilized to purchase the mentioned assets needed. The business has sustained the employment of 10 workers and created 10 additional employment opportunities. Ikhwezi Agro Holdings realized an increase in turnover from R1 765 436 to R2 165 437.
Client Feedback
Client Comments:
“SEDFA has been a catalyst for our business development since inception. If it was not for their reflex response to small business needs during our difficult times, our business would be non-existent. Their “asset assist” funding has kept our packhouse business operational though-out major disruptions. In SEDFA, we have a partner who has a deep appreciation of SMME needs, complemented by staff members who have on-the-ground business development understanding. SEDFA has been a supportive and reliable partner to our business.”
“SEDFA has been a catalyst for our business development since inception. If it was not for their reflex response to small business needs during our difficult times, our business would be non-existent. Their “asset assist” funding has kept our packhouse business operational though-out major disruptions. In SEDFA, we have a partner who has a deep appreciation of SMME needs, complemented by staff members who have on-the-ground business development understanding. SEDFA has been a supportive and reliable partner to our business.”
