We are excited to bring you this update just as we are excited to share news with you, our partners, every quarter. This update is especially special because it comes as we celebrate ten years of service. We are grateful for all we have accomplished and all the work that lays … [Read more...]
They come from all over
Nomhle has a salon in the village of Lakazi which is in the Mpumalanga Province. She has been able to combine her skills and vision with access to capital and business training to be able to grow her business as she has borrowed and paid back seven loans with Phakamani. Nomhle … [Read more...]
Filling a Market Demand
Shonaphi is on her second loan cycle with Phakamani. Both times she has used the financing to increase the items she carries and the quantities she stocks. Her business plan is to provide basic home and hygiene items to her community such as toilet paper, perfume, furniture … [Read more...]
4th Quarter 2017 Update
2018 is here to stay! We are hoping the new year finds you well and that the coming months are full of growth, achievement and love. That is the plan for Phakamani staff and clients. We have another full year ahead of us and with the support of friends like you and God we will … [Read more...]
A Bed for the Children
"I want to grow my business to include other products." That is what Martha Thobela, who is on her fifth loan cycle with Phakamani, recently told branch staff. Her vision for the future continues to grow as she finds that more and more is within her reach. Since she began working … [Read more...]
3rd Quarter 2017 Update
An image recently came to me: Phakamani as a platform, a stepping stone or a foundation that raises women up just enough so they can reach higher and realize their dreams for the future. This platform is access to credit, it is business training, it is support from the client's … [Read more...]
A Lady With A Vision
Maria joined Phakamani in April of 2014 and recently paid back her fourth loan. She has always been hardworking and industrious but fell on hard times when she was forced to move off the land she was farming. By partnering with Phakamani she was able to start over at her home. … [Read more...]
2nd Quarter 2017 Update
The earth continues to turn and all of us find ourselves in the second half of 2017. Can you believe it? We hope this year has been full of growth and opportunity for you so far. Also hoping that the rest of the year looks promising for all you hope to accomplish, whatever it … [Read more...]
Her Own Boss
Gertrude Mthombothi Gertrude has used the capital, training and support she has received from Phakamani to expand her spaza shop into a stronger business that offers her community more of the items the residents need and want. This is a very good thing as Gertrude supports … [Read more...]
1st Quarter 2017 Updates
As you have probably seen or heard, South Africa is going through a very troubled time at the moment. Just recently, two international ratings agencies reduced the status of South Africa's sovereign debt to junk and many aspects of this country's future are uncertain. The … [Read more...]
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