Ekasi Investment Group
| Business Location: | Rural & Township |
| Province | Eastern Cape |
| Branch: | Nelson Mandela Bay |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
The business specializes in designing and manufacturing custom-made unisex shoes that offer exceptional comfort and style.
Challenges/Needs:
When Sedfa conducted a diagnostic assessment report, the following challenges were identified:
•The business lacked financial strength to expand.
Intervention Insights and Results
Intervention Details:
To address the challenges above, Sedfa assisted Ekasi Investment Group (PTY) Ltd with Facilitation of access to finance-Asset Assist Grant Funding.
Outcome Details:
Sedfa intervention achieved the following outcomes:
The company employees increased from 2 to 3.
The company received Asset Assist grant funding to the value of R240 550.00 to purchase new equipment.
The company employees increased from 2 to 3.
The company received Asset Assist grant funding to the value of R240 550.00 to purchase new equipment.
Client Feedback
Client Comments:
“I would like to sincerely thank you for the support extended to my business through the Asset Assist Support Programme (AAP). I am truly grateful for the opportunity and for being approved for assistance to the maximum value of R240,550.00 (inclusive of VAT).
The approved equipment has been instrumental in helping me improve and grow my operations. The items approved for acquisition were:
1.Dell Notebook Vostro 3520 15.6”
2.Saito Shoe Repair Machine Double Needle SA820
3.Saito Post Bed Double Needle T/B Roller Feed
4.Saito Shoe Binding Machine Large Hook
5.Saito Skiving Machine SA5
6.Eyelet Machine
7.Saito 1 Lt Industrial Oil
8.Saito Multi Stitch Zig Zag SA20U23D
9.Saito Walking Foot Top & Bottom
I am pleased to confirm that I have successfully received all the items listed above except for item 1 — the Dell Notebook Vostro 3520 15.6”, which is still outstanding.
Thank you once again for your continued support and belief in my business. Your assistance is greatly appreciated and plays a vital role in helping me achieve sustainability and success.”
The approved equipment has been instrumental in helping me improve and grow my operations. The items approved for acquisition were:
1.Dell Notebook Vostro 3520 15.6”
2.Saito Shoe Repair Machine Double Needle SA820
3.Saito Post Bed Double Needle T/B Roller Feed
4.Saito Shoe Binding Machine Large Hook
5.Saito Skiving Machine SA5
6.Eyelet Machine
7.Saito 1 Lt Industrial Oil
8.Saito Multi Stitch Zig Zag SA20U23D
9.Saito Walking Foot Top & Bottom
I am pleased to confirm that I have successfully received all the items listed above except for item 1 — the Dell Notebook Vostro 3520 15.6”, which is still outstanding.
Thank you once again for your continued support and belief in my business. Your assistance is greatly appreciated and plays a vital role in helping me achieve sustainability and success.”
