FUNDING
An exclusive fund that targets black women at the bottom of the economic ladder. Its aim is to accelerate women’s economic empowerment by providing affordable, usable and responsive finance than was available.
The fund is managed by the Industrial Development Corporation (IDC) on behalf of the Department of Trade and Industry through Identity Development Fund (IDF) managers.
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To quality your business must be in operation for at least 6 months, majority woman-owned and seeking a loan between R 30 000 and R 2 million.
Partnership between Enablis Financial Corporation SA (Pty) Ltd and Khula Enterprise Finance Limited. To qualify for the fund you must meet the following requirements: be a South African SME that is accredited by the Enablis Entrepreneurial Network; are black and women entrepreneurs for startups and for the expansion of a business; SMEs involved in all sectors, specifically ICT, transport, tourism, agriculture and services industry and SMEs that need working capital and/ or asset finance. To become a member, go to their site and complete their application form.
Partnership between Enablis Financial Corporation SA (Pty) Ltd and Khula Enterprise Finance Limited. To qualify for the fund you must meet the following requirements: be a South African SME that is accredited by the Enablis Entrepreneurial Network; are black and women entrepreneurs for startups and for the expansion of a business; SMEs involved in all sectors, specifically ICT, transport, tourism, agriculture and services industry and SMEs that need working capital and/ or asset finance. To become a member, go to their site and complete their application form.