The Sithonga Legacy (Pty) Ltd
| Business Location: | Rural area - Villages |
| Province | Eastern Cape |
| Branch: | Alfred Nzo |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Poultry and piggery
Challenges/Needs:
Business could not apply for finance due to not having a business plan, and
Tax and Company annual returns were not submitted making the business non compliant.
Intervention Insights and Results
Intervention Details:
The following interventions were implemented:
Assistance with a bankable business plan,
Assistance with CIPC and SARS annual returns, and
Assistance with application to the Database of NYDA, ECDC and WRSETA.
Assistance with a bankable business plan,
Assistance with CIPC and SARS annual returns, and
Assistance with application to the Database of NYDA, ECDC and WRSETA.
Outcome Details:
Business received contractst from NYDA and ECDC
Number of Employees increased from two (2) to six (4)thirteen (13) a 100% increase.
Revenue increased from R 125 600 to R152 000 .00, a 21% increase.
Number of Employees increased from two (2) to six (4)thirteen (13) a 100% increase.
Revenue increased from R 125 600 to R152 000 .00, a 21% increase.
Client Feedback
Client Comments:
SEDFA has given my business a big boost”
