Atlega For Woman Projects Enterprise
| Business Location: | Urban |
| Province | Eastern Cape |
| Branch: | Nelson Mandela Bay |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Clothing Manufacturing
Challenges/Needs:
The owner needed assistance with the development of a Business Proposal to submit for funding.
Lack of cashflow to acquire additional equipment to increase production capacity.
Outdated equipment hindering the business’ ability to service existing customers and source additional work.
Intervention Insights and Results
Intervention Details:
The owner approached Sedfa Nelson Mandela Bay Branch. After an assessment was conducted, the business gaps were identified, and the following improvement interventions were implemented.
The owner was assisted with the development of a business proposal and cashflow projections for the purpose of applying for funding.
She was also assisted to submit an application for Asset Assist funding, for much needed equipment.
The owner was assisted with the development of a business proposal and cashflow projections for the purpose of applying for funding.
She was also assisted to submit an application for Asset Assist funding, for much needed equipment.
Outcome Details:
The funding application (Asset Assist Grant) to the value of R 249 123.70 was approved.
The necessary equipment to increase production capacity, service existing customers and source new work, were procured.
Sales increased by approximately 27% from R 1 100 047.00 in the previous financial year to R 1 397 000.00 in the next financial year.
Employment increased by 40 %, from ten to fourteen employees.
The necessary equipment to increase production capacity, service existing customers and source new work, were procured.
Sales increased by approximately 27% from R 1 100 047.00 in the previous financial year to R 1 397 000.00 in the next financial year.
Employment increased by 40 %, from ten to fourteen employees.
Client Feedback
Client Comments:
“Thank you so much Sedfa for this great assistance and all the equipment. You have scaled our business into greater heights.”
