Programme: Absa Women Empowerment Fund
Organisation: Absa
Type of Support
Programme Description
The programme avails loans of between R50 000 to R3 million.
Target Market
Women entrepreneurs including those whose loan applications have been turned down due to lack of security.
Application Process
A well researched business plan is required.
The business must show profitability through historical financials or a realistic cash flow forecast.
Applicants have to ensure that their business is in the approved industry for qualification.
70 % of the loan will be paid to suppliers
The transactional account of the business is to be held with Absa
Success Stories
<Success stories to be requested from Absa>
Contact Details
More programme information is available on: http://www.absa.co.za/Absacoza/Small-Business/Financing/Women-Empowerment-Fund
Telephone: 0860 040 302
Organisation: Absa
Type of Support
- Funding.
Programme Description
The programme avails loans of between R50 000 to R3 million.
Target Market
Women entrepreneurs including those whose loan applications have been turned down due to lack of security.
Application Process
A well researched business plan is required.
The business must show profitability through historical financials or a realistic cash flow forecast.
Applicants have to ensure that their business is in the approved industry for qualification.
70 % of the loan will be paid to suppliers
The transactional account of the business is to be held with Absa
Success Stories
<Success stories to be requested from Absa>
Contact Details
More programme information is available on: http://www.absa.co.za/Absacoza/Small-Business/Financing/Women-Empowerment-Fund
Telephone: 0860 040 302
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