Programme: Sefa Wholesale Lending Products

Organisation: Sefa
 

Type of Support

• Funding.

 

Programme Description

On lending Loans
Maximum amount is pegged at 15% of the total assets (R5 million in case where the Financial Co-operative has obtained an exemption from the Supervisor: Co-operative Banks Development Agency (CBDA) or Reserve Bank in case of a Co-operative Bank
The maximum repayment period is 5 years.
 

Target Market

Financial Cooperatives
Cooperative Banks
 

Application Process

The institution must have a minimum of 200 members with a lending and savings policy.
The institution must have been in existence for more than one year and have a savings book/share capital of at least R100 000. It must support enterprise creation activities
 

Success Stories

<Success stories to be requested from Sefa>


Contact Details

Head Office:

Eco Fusion 5, Building D,
1004 Teak Close Witch Hazel Avenue,
Highveld Centurion
Call Centre: 086000 7332 (sefa)
Email helpline@sefa.org.za
 
Company website: http://www.sefa.org.za/Admin/ProductsServices/Product.aspx?ContentSelectionID=1361