Finance for Small Enterprises
Khula Enterprise Finance LTD
Khula assists SMMEs getting loans from banking institutions. It generally does not provide cash it self. Khula additionally provides mentorship to business owners, assisting them to handle their companies effectively. The mentorship programme includes the transfer of abilities on a basis that is face-to-face the growth of viable company plans, and pre- and post-loan solutions.
South African Micro Finance Apex Fund (Samaf)
Samaf provides economic services to small-scale business owners staying in rural and exterior areas that are urban. Samaf will not provide cash straight to people. It utilizes current organizations within communities to carry out the funds and provide to qualifying business owners. Samaf has three services and products: the Micro-Credit Fund (offers loans to business owners), the capability Building Fund (provides funds to be utilized for equipping the institutions with abilities, system and gear) together with Savings Mobilisation Fund (encourages cost cost cost cost savings). Continue reading