Hermanus Siyakha

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Project No 19025 Anele Sigwili needs additional stock for the high season, required loan R5000

Ended!
Categories: Ended, PROJECTS
  • Description
  • Crowdfunding

Description

Anele Sigwili is currently employed, but due to the nature of her work, she has a fair amount of spare time in which to supplement her income. She is a single parent with three children, and lives on Mbeki Road, the main thoroughfare through Zwelihle which sees a lot of foot-traffic. Since mid-2018, she has been selling clothing, shoes and handbags from her home in her spare time. She sources the items from factory shops in the Cape Town area. She has identified a niche in the market for clothing items for children and teenagers and has buyers from Zwelihle and Mount Pleasant.

She requires a loan to increase her stock holding, thereby reducing the frequency of shopping trips to Cape Town, which she currently undertakes weekly which proves expensive.

Total loan applied for R5,000

This project has been set up to succeed through a careful vetting process together with ongoing mentorship and management. Repayment of your loan will only take place at the end of the loan period (usually 12 months) and not monthly. However, as we cannot give any guarantees, in the unlikely event that the project does fail you will not receive the full repayment of your loan but a pro rata percentage depending upon what portion of the loan has been recovered from the business owner.

If you wish to donate to the general running expenses of Hermanus Siyakha please return to the Home Page and click on the “Donate to Initiative” button.

 

 

Related

Total Backers3
Total SumR5,000.00
GoalR5,000.00
Remaining
Start DateOctober 14, 2019
End DateNovember 15, 2019
Time RemainingThe campaign ended 1 year, 3 months, 18 days, 16 hours, 29 minutes, 8 seconds ago
Time Remaining

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Get in touch

Email:

info@hermanussiyakha.org.za

Telephone & WhatsApp:

+27 71 630 6891

Bank Details

Account name: Hermanus Siyakha NPC
Account No: 10113212397
Bank: Standard Bank
Branch code: 051001
Swift address: SBZA ZA JJ

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