SP MAHAMBA TRADING
| Business Location: | Rural |
| Province | Mpumalanga |
| Branch: | Nkangala |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Mobile car wash, landscaping, pest control and gardening
Challenges/Needs:
Challenges
The business experienced the following challenges and needs:
• Limited capital for the purchase of machinery and equipment.
• Insufficient business management, budgeting and operation skills for the enhancement of business sustainability.
Intervention Insights and Results
Intervention Details:
Intervention / Solutions
The client was supported through various interventions, primarily focused on the business skills development, grow my business strategies and access to finance. This included the facilitation of access to finance from Victor Khanye Local Municipality – Grant Funding. These interventions enabled the company to improve its turnover, operational capacity, job creations and sustainability.
The client was supported through various interventions, primarily focused on the business skills development, grow my business strategies and access to finance. This included the facilitation of access to finance from Victor Khanye Local Municipality – Grant Funding. These interventions enabled the company to improve its turnover, operational capacity, job creations and sustainability.
Outcome Details:
SEDFA’s intervention assisted the business in achieving the following outcomes:
• Improved business management, budgeting and operation skills.
• Annual turnover increased from R 534 197 to R 745 319, which yielded in 39% growth.
• Total business expenditure increased from R 502 291 to R 710 268, reflecting business growth and increased operational activity.
• The number of employees increased from 6 to 12, representing a 100% growth in employment.
• Improved business management, budgeting and operation skills.
• Annual turnover increased from R 534 197 to R 745 319, which yielded in 39% growth.
• Total business expenditure increased from R 502 291 to R 710 268, reflecting business growth and increased operational activity.
• The number of employees increased from 6 to 12, representing a 100% growth in employment.
Client Feedback
Client Comments:
I would like to thank Sedfa for assisting my business with access to finance from Victor Khanye Local Municipality (Municipality Grant Funding), business skills and quality management system training. Through these interventions, our business is growing, attracting more customers because of improved quality and managed to create additional employment.
