Mafikeng Bath N Tile
| Business Location: | Urban |
| Province | North West |
| Branch: | Ngaka Modiri Molema |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The company retails building material such as bathroom sets, floor tiles and aggregates.
Challenges/Needs:
The owner has aqcuired a new site for expansion and requires new shelves, stock and loading lift.
Intervention Insights and Results
Intervention Details:
An assessment of the business was conducted, and it was recommended that the business should apply for funding to purchase equipment and for working capital. An Asset Assist application was compiled and submitted.
Outcome Details:
The funding application was successful. The company has received funding to purchase equipment and for working capital to the tune of R249 480. This funding has assisted the company to increase production and improve revenue from R545,700.00 to R596,500.00 and employment to five (5).
Client Feedback
Client Comments:
We did not know about Asset Assist funding until we contacted Sedfa. We appreciate the support we received. “Malebeko Nchoe"