2nd Quarter, 2014 Newsletter Hi! Thanks for your time, and your support of the Phakamani Foundation. We are excited to launch our updated newsletter format and hope it makes it easier for you to stay in touch with what Phakamani is doing in South Africa. In this edition … [Read more...]
12th Phakamani Branch Opens in KwaMahlangu
A 12th Phakamani branch has begun operations in the KwaMahlangu area of Limpopo. South Africa’s Bankseta and Small Enterprise Finance Agency (SEFA) have sponsored professional training for our staff in the areas of customer service, coaching and fraud detection. This is a … [Read more...]
Siyabwusa Already Empowering Over 300 Women
Our newest branch in Siyabwusa has empowered nearly 300 women to start their own microenterprises! We now have more than 8,200 women in the programme at any one time. Phakamani has strengthened its management capacity with the addition of several experienced branch managers … [Read more...]
11th Phakamani Branch Launched
An 11th Phakamani branch has begun opereating in Siyabuswa, which is in Mpumalanga Province, on the border with Gauteng Province. Last quarter we crossed the R40 million mark (nearly USD 5 million) for total value of all micro-loans provided since operations began in 2008. … [Read more...]
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