golden future: business micro-enterprise and entrepreneurship

Golden Future – www.uwindsor.ca/goldenfuture/April 2011

Khayelitsha, Cape Town

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Khayelitsha, Cape Town

2011 Group Members: Gary Kalaci, Paul Schlosser, Katie Dicks, Manraj Gr, Justin Selner, Odion Kalaci, Jaclyn

Hayes, and Yvonne Pilon.

Total Business Visited:

Types of Businesses Visited: fruit and vegetable stand, cash store (convenience store), upholstery, barber

shop, hair salon, funeral home, education centre (daycare), fishery, shoe repair and manufacturer, and butcher.

Research and Development: To provide additional value to businesses in Khayelitsha , the 2011 micro-

enterprise team conducted site visits to various small business resources in the Cape Town area. This

information will assist Golden Future in improving the delivery of the micro-enterprise module in future years of

the project. The research and development conducted included:

• Site visits to local banks including: ABSA, Standard, Nedbank, and FNB bank.

• One-on-one meeting with South African Revenue Service (SARS) Small Business expert

• Participated in a tax seminar at the SARS to inquire about the taxation issues for small businesses

• Site visit to The Business Centre

• One-on-one meeting with The Business Centre’s Entrepreneur in Residence

• Explored various teaching methods for in-class entrepreneurship module at Usasazo High School


Business Description: Upholstery services including: furniture, seats, car/bus leather/vinyl, car roof trimming and seals, sofas

and lounge seats, canvas foam covers, padding, springs, webbing, and fabric or leather covers.

Years in Business: 3 years

Annual Income: 12000 Rand (approximately $1860.00 CAN)

Registered Business as of 2011: No

Number of Employee(s): 3 employees

Business Challenges:

• High cost of materials

• New customer development (minimal disposable income)

• Lack of tax ID number

Future Goals: Expansion of business including:

• Register business

• Apply for government grants and loans

• Grow customer base

• Expand outside Khayelitsha

• Setup bank account

Additional Information: The micro-enterprise team discussed the opportunity of using CO-OP students to assist with the business. Golden Future survey completed by owner.

: Eric Kock

: Miya’s Upholstery

: Khayelitsha, Cape Town


http://www.facebook.com/RedPiston


Business Description: Small convenience store. Products include: staple products (oil, sugar, bread, etc...) , candy, coffee,

chips and soda pop.


Annual Income: 30000 Rand (approximately $5000.00 CAN)


Number of Employee(s): Family members only


• Safety and robbery

• Securing products at wholesale cost

• Difficulty finding honest non-family member workers

• Lack of employees hinders the owner’s ability to travel and purchase new stock


• Larger facility

• Organized transportation to purchase stock

• Expand product offerings to include fuel in winter months (paraffin)


Additional Information: The micro-enterprise team discussed the opportunity to carpool with other retailers in the area to reduce transportation expenses and save with bulk purchases. Golden Future survey completed by owner.

: Musa Abdi

: Lucky Star Cash Store





Business Description: Small shoe manufacturer and repair shop specializing in leathers including alligator and ostrich leather.

Additional products and services include: wallets, belts, bags, zipper repairs, and shoe design.


Annual Income: Not disclosed. Average pair of shoes retails for 300 Rand (Approximately $50.00 CAN)


Number of Employee(s): 5 employees plus 1 family member


• Employee equipment training

• Accounting and financial management

• Introducing and marketing new products

• Cost of equipment

• Difficulty expanded business in large tourist areas due to cost


• Larger facility

• Expand product offering


Additional Information: Golden Future survey completed by owner.

: Mr. A. Simon

: Simon Manufacturers


