Hlalu and Hloba (Pty) Ltd
| Business Location: | Rural & Township |
| Province | Eastern Cape |
| Branch: | Nelson Mandela Bay |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Hlalu and Hloba provides a range of services, including catering for schools (feeding schemes), private functions, and government and municipal events, as well as supplying ice to local shops, bars, and taverns. The company currently
serves clients within the Nelson Mandela Bay Municipality and aims to expand its operations to neighboring municipalities across the Eastern Cape
A key milestone for the business was securing funding from the National Youth Development Agency (NYDA) to the amount of R45, 092.50. Most recently, Hlalu and Hloba received its largest order to date, valued at R120,000, from the Eastern Cape Department of Education. This significant achievement is expected to substantially increase the company’s revenue for the current financial year.
Challenges/Needs:
Accessing and penetrating the catering sector market in the Eastern Cape.
Access to finance to expand the business and purchase more equipment and a
vehicle for transport.
Water has become expensive since the demand for clean water in the eastern
cape has increased.
Intervention Insights and Results
Intervention Details:
The owner, Fikiswa Simama met Nhlakanipho Zondo, Business Advisor in the SEDFA Nelson Mandela Bay Branch, she was then invited for a consultation with by Mr Zondo. After conducting an assessment, the Business Advisor was able to
identify the gaps and recommended interventions to take the business forward. The business was then assisted with a business plan to submit to NYDA for funding.
identify the gaps and recommended interventions to take the business forward. The business was then assisted with a business plan to submit to NYDA for funding.
Outcome Details:
The business was able to increase their turnover from R0 to R160,638(100%
increase)
The business has increased the employees from 0 to 3 employees.
Hlalu and Hloba received funding from NYDA for R45,092.50
increase)
The business has increased the employees from 0 to 3 employees.
Hlalu and Hloba received funding from NYDA for R45,092.50
Client Feedback
Client Comments:
“I am grateful for the support that SEDFA has been providing me, and I
hope this could be done to other business as well”.
hope this could be done to other business as well”.