Programme: Tetla Financial
Services
Organisation: Old Mutual Masisizane in partnership with Tetla Financial Solutions
Type of Support
· Funding.
Programme Description
The programme involves loans that range from R500 to R1200 repayable over 4 months. The loan size increases when reapplying after having repaid original loan. Participants group themselves onto fives and co guarantee each other’s Ioan.
Target Market
Micro-entrepreneurs that are based in The Western Cape in the townships that include- Khayelitsha, Mfuleni and Thubelitsha in Cape Town, Nomzamo, Lwandle, Greenfield, Zola and Sir Lowries Pass in in Sommerset West; Khayamnandi in Stellenbosch; and Bloukombos and Wallacedale in Kraaifontein.
Anyone above the age of 21 years is eligible, and they must be self employed.
Application Process
Applicants should call the number given below, and their details will be forwarded to the relevant field worker.
Success Stories
<Success stories to be requested from Old Mutual>
Contact Details
Telephone: 021 447-3844
Organisation: Old Mutual Masisizane in partnership with Tetla Financial Solutions
Type of Support
· Funding.
Programme Description
The programme involves loans that range from R500 to R1200 repayable over 4 months. The loan size increases when reapplying after having repaid original loan. Participants group themselves onto fives and co guarantee each other’s Ioan.
Target Market
Micro-entrepreneurs that are based in The Western Cape in the townships that include- Khayelitsha, Mfuleni and Thubelitsha in Cape Town, Nomzamo, Lwandle, Greenfield, Zola and Sir Lowries Pass in in Sommerset West; Khayamnandi in Stellenbosch; and Bloukombos and Wallacedale in Kraaifontein.
Anyone above the age of 21 years is eligible, and they must be self employed.
Application Process
Applicants should call the number given below, and their details will be forwarded to the relevant field worker.
Success Stories
<Success stories to be requested from Old Mutual>
Contact Details
Telephone: 021 447-3844
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