South Africa's Enterprise and Supplier Development Landscape
South Africa's Enterprise and Supplier Development Landscape
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  • About
    • About Us
    • About this Website
    • Contact
    • Newsletter Subscription
  • Blog
  • Thought Leadership
    • The Role of Information in Enabling Entrepreneurship
    • Starting-up: Creating Assets while Reducing Risks
    • Breaking into an unchallenged field
    • Navigating Corporate Supply Chains
    • Diversification as a Rapid Growth and Expansion Strategy
    • Are Early Stage Entrepreneurship Development Programmes Misaligned to South African Reality?
  • Search ESD Programmes
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Programme: GEP Microfinance Loan

Organisation: Gauteng Enterprise Propeller


Type of Support

·         Access to funding;

·         Business development support; and

·         Training.


Programme Description

Funds, that range from R10 000 to R250 000 at 8% interest, with a maximum repayment period of 36 months are available. Participants are also offered skills development training and business development support. In certain cases, participants are assisted in acquiring funds from other supporting organisations. In this programme, those requiring more than R24 000 in funding will be charged an initiation fee of R2 500.


Target Market

SMMEs with at least 51% black ownership, as well as being majority black managed


Application Process

Interested people should visit the GEP offices at any of the address given below.


Success Stories


 i.            Mr Thivash Moodley, founder of TMI Dynamatics, which is in the aerospace sector, received a range of GEP business development support as well as financial support, which is enabling him to complete work on two major contracts that he has received.


 ii.            Buthina Borona Household Cooperative Ltd from Voslorus manufactures household cleaning products. They received assistance with ISO 9001: 2000 certification for their products as well as the development of a business plan from GEP. They were also assisted in obtaining funds from the Department of Trade and Industry. They have experienced growth due to these interventions.


 iii.            Nonhlanhla Ngwenya, owner of Nhlanhla African Devine Art Design attended the business training sessions run by GEP, and they sponsored her participation at an exhibition where she showcased her art wares. From this exposure she increased her clientele base, and generated more than $15 000 in sales. She now looks forward to receiving GEP financial support to enable her business to reach the next level in growth.            



Contact Details

Head Office

124 Main Street, Johannesburg

Tel 011 085 2001

Fax 086 675 1329



Satellite / Regional Offices


Alexandra Satellite Office

Alexsan Resource Centre

Corner Selbourne Street and 12th Avenue

Alexandra

Telephone 011 882 9672/9674

Fax 011 882 9678


Soweto Satellite Office

Maponya Mall, Thusong Centre

2127 Chris Hani Road,

Soweto

Telephone 011 938 4257


Ekurhuleni Regional Office

Ground Floor, 188 Victoria Street,

Corner Victoria and Spilsbury, Germiston

Telephone 011 821 2870

Fax 011 821 2886


Springs Satellite Office

21 8th Street, Springs

Telephone 011 362 4950

Fax 011 362 5690


Tshwane Regional Office

Block G, 333 Grosvenor Street

Hatfield Gardens

Hatfield

Telephone 012 323 4203

Fax 012 323 4207


Metsweding Satellite Office

Lazarus Building

43 Lanham Street

Bronkhorstspruit

Telephone 013 932 3828

Fax 013 932 3829


West Rand Regional Office

23 Eloff Steet

Krugersdorp 1739

Telephone 011 950 9870

Fax 011 950 9886


Mohlakeng Satellite Office

3521 Ralerata Street, Mohlakeng

Telephone 011 414 1753

Fax 011 692 4683


Sedibeng Regional Office

1st Floor, GEP House

22 Hertz Boulevard

Vanderbijlpark

Telephone 016 910 1200

Fax 016 910 1216


Heidelberg Satellite Office

Library Building

Kismet Street

Shalimer Ridge

Heidelberg

Telephone 016 349 2658

Fax 016 341 6206


The application form can be downloaded from:

http://www.gep.co.za/gep-micro-finance-loan
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