TOTT'S GLOBAL (Pty) Ltd
Business Location: | Rural |
Province | North West |
Branch: | Dr Ruth Mompati |
Business Start Date: | 2023-05-12 |
Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
-Crop and Stock Farming
-Poultry
-Gas Refill
-Catering
Challenges/Needs:
The main challenge for the business was access to finance; the company did not have a bakkie to stock products and deliver to their clients. The company did not have a backup-power during loadshedding. Client also lacked a proper business plan to apply for funding opportunities.
Intervention Insights and Results
Intervention Details:
To address these challenges, SEDFA provided the business with funding to purchase a bakkie and diesel generator for electricity backup. Furthermore, they were also assisted with a business plan to apply for other various funding opportunities.
Outcome Details:
Job Creation: One new job was created, and one existing job was sustained.
Revenue Growth: The business experienced a turnover increase from R180,000.00 to R360,000.00.
Revenue Growth: The business experienced a turnover increase from R180,000.00 to R360,000.00.
Client Feedback
Client Comments:
We appreciate Sedfa’s funding support to our business” said Ms. Endie Sebipidi