Amofe Bakery
Business Location: | Rural area - Villages |
Province | Limpopo |
Branch: | Waterberg |
Business Start Date: | 2022-12-01 |
Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Bakery
Challenges/Needs:
Florence Papo first visited Sedfa Waterberg branch on the 10th of May 2023 seeking business development services. During consultation and assessment, the following challenges were identified:
• There was a lack of both financial planning and record keeping.
• For the business to expand and meet the demand, assistance with access to finance was necessary.
Intervention Insights and Results
Intervention Details:
• She attended a five-day Financial Management training course that assisted her with financial recording and planning.
• Client was assisted with business plan and application for finance.
• Client was assisted with business plan and application for finance.
Outcome Details:
• Turnover increased from R 357 330 to R 1 678 443 per annum.
• Two new jobs were created, increasing employment from 4 to 6 jobs.
• The business owner can record its finances accurately using MS Excel.
• Two new jobs were created, increasing employment from 4 to 6 jobs.
• The business owner can record its finances accurately using MS Excel.
Client Feedback
Client Comments:
Florence Sewela Papo: “I am thankful of Sedfa services I am improving the way I am running my business”