Babongile Trading
| Business Location: | Township |
| Province | KwaZulu-Natal |
| Branch: | Durban |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Construction and Plant hire
Challenges/Needs:
Additional equipment is frequently required when the business has a construction project to execute and to meet its customer plant hire demands. This often leads to the business incurring substantial and sometimes avoidable hiring costs.-
Intervention Insights and Results
Intervention Details:
The business was supported through the Asset Assist Funding Programme to acquire construction equipment worth R242 600.00.
Outcome Details:
Turnover Increase (6 months): Revenue grew from R535 747.00 to R612 064.00, reflecting a 14% increase. This growth is largely attributed to the acquisition of additional equipment and project secured for construction of rental apartments at Bridge City valued at R960 000.
Job Creation: The workforce expanded from 8 to 10 employees, representing a 25% increase in employment.
Job Creation: The workforce expanded from 8 to 10 employees, representing a 25% increase in employment.
Client Feedback
Client Comments:
Thank you for all the support, we would not have made it without Sedfa. You came through for us during the floods and now our business is slowly picking up
