Old Mutual South Africa

  • West Campus, Entrance 1 Mutual park Jan Smuts Drive
  • Pinelands , Western Cape
  • 7405
  • SOUTH AFRICA
  • +27 21 509 5022
PUBLIC PROFILE

The Masisizane Fund - Client Feedback

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Added by Daniel Makhura
9 years ago

Linked from: youtube
The Masisizane Fund provides loan finance and business support in the agriculture, manufacturing, supply chain, franchising and commercial enterprise sectors. This is what some of the clients have to say about their partnerships with Masisizane.

The Masisizane Fund was established in 2007 as an initiative of Old Mutual South Africa. With a capital base of R1billion, 70% of the small, medium and micro enterprises (SMMEs) assisted by Masisizane are owned by either black women or youth. 75% of these enterprises are either in rural areas, townships or peri-urban centres. With a mandate to contribute to employment creation, reduction of inequality, economic growth and attraction of investment, the Fund focuses on high impact industry sectors such as agriculture, manufacturing, supply chain and franchising. The development of viable agri-clusters is the cornerstone of the Fund’s approach to agriculture. When working together as a cluster, small scale farmers can benefit from economies of scale, and ultimately make a positive impact on their communities.

Apart from loan finance, Masisizane provides business and technical support. An accelerating program was recently launched where selected potential clients receive training and support to grow into a business eligible to receive loan finance.