At Spoudazo we believe that it is worthwhile to reinforce and support initiatives and individuals who show the eagerness, competency and passion to reach their full potential. This support is often given by means of Enterprise Development and one of the beneficiaries of these projects in the past has been Mohloding Market Pty Ltd.
Mohloding Market started in 2016 when Mamojaki Makhetha and her son decided to expand their informal vegetable growing business by establishing vegetable tunnels and selling their produce to the local community. Over time they added a small grocery store and bakery to supplement the vegetable sales. With the assistance of Core Group, a company was then formed in which Mamojaki holds 49% of the shares and her son Tlotliso Elias Makhetha holds 51%. They are now self-sufficient, fully fledged entrepreneurs with a vision to grow the business.
The majority of Mohloding Market's revenue is currently generated by the grocery store, but the owners plan on expanding the bakery and to increase vegetable production, pending a few challenges that they still need to overcome. Spoudazo Enterprises approached Honey Attorneys with a request to assist them by means of Enterprise Development. It was decided that a needs analysis would be conducted to best understand the need expressed by the company as well as to determine the most effective way to address it.
It was concluded that Mohloding Market would require a suitable vehicle if they are to expand their client base and increase in revenue relating to vegetable sales. One of Spoudazo’s sponsors, Raubex Pty Ltd, indicated that they, in fact, had a suitable vehicle that could be purchased from them and in a matter of a few weeks the unimaginable became a reality for Mohloding Market! Spoudazo will provide mentorship and the necessary training interventions that will be required to ensure the successful expansion of Mohloding Market Pty Ltd.’s vegetable concern.