Amamfengu Women Agricultural CO-OP
| Business Location: | Rural & Township |
| Province | Eastern Cape |
| Branch: | Nelson Mandela Bay |
| Business Start Date: | |
| Busniess Type: | Co-operative |
Business Dynamics and Challenges
Business Activities:
AWACO produces various types of crops such as Cabbage, pumpkin, Butternut,sweet potato, Spinach, Potatoes, Carrots, Beetroot, Onions, Rosemary herbs and lettuce.
Challenges/Needs:
When Sedfa conducted a diagnostic assessment report, the following challenges were identified:
• The company lacked financial strength to expand.
Intervention Insights and Results
Intervention Details:
To address the challenges above, Sedfa assisted Amamfengu Women Agricultural Co-operative (AWACO) Limited with Facilitation of access to finance-Imvaba Cooperative
Fund.
Fund.
Outcome Details:
Sedfa intervention achieved the following outcomes:
❖ The turnover increased from R27 626.00 to R74 405.00
❖ The company employees increased from 15 to 13.
❖ The company received grant funding to the value of R150 000.00 for acquiring a machinery and equipment.
❖ The turnover increased from R27 626.00 to R74 405.00
❖ The company employees increased from 15 to 13.
❖ The company received grant funding to the value of R150 000.00 for acquiring a machinery and equipment.
Client Feedback
Client Comments:
“We sincerely express our heartfelt gratitude for the funding support extended to our agriculture business initiative. This financial assistance is a significant milestone for us and will play a crucial role in strengthening our operations, adopting modern technologies, and expanding sustainable farming practices.
The confidence and trust shown in our vision motivate us to work with greater commitment and responsibility. This support will not only help improve productivity and efficiency but also contribute to farmer empowerment, employment generation, and rural development.
We deeply appreciate the guidance and encouragement provided along with the funding. We assure you that the funds will be utilized effectively and transparently to achieve the intended objectives and create long-term impact.
Thank you for being a valued partner in our journey toward sustainable agricultural growth”
The confidence and trust shown in our vision motivate us to work with greater commitment and responsibility. This support will not only help improve productivity and efficiency but also contribute to farmer empowerment, employment generation, and rural development.
We deeply appreciate the guidance and encouragement provided along with the funding. We assure you that the funds will be utilized effectively and transparently to achieve the intended objectives and create long-term impact.
Thank you for being a valued partner in our journey toward sustainable agricultural growth”
