a fundraising event in support of. a fundraising event for since 1999, the townships project has...

A fundraising event in

support of

A fundraising event for

www.lendtoend.org www.thetownshipsproject.org

Since 1999, The Townships Project has been supporting local South African microfinance institutions (MFIs) making tiny loans, starting at about $100, to local individuals to start or

expand their small businesses



The Townships Project has enabled more than 20,000 individual loans since its inception, working with local micro-lending

institutions, thanks to our many supporters



The Townships Project has changed the lives of more than 100,000 people with an investment of about $50 per person

Our goal is to ensure that every South African who needs such a loan has access to it and to ensure that our South African

partners become self-sustaining



Africa is by far the wealthiest continent in mineral resources, and by far the poorest in per capita income

South Africa is the economic driver in southern Africa, and has a substantial impact on the rest of the continent



More than 20 million South Africans (out of 50 million) subsist on less than $2 a day in a country with the most advanced

infrastructure in southern Africa

Loans, starting at about $100, are made without collateral to the poorest and are repaid with interest



The Townships Project continues to support Tetla Financial Solutions, South Africa’s newest viable microfinance

institution, working in the townships around Cape Town



Tetla, founded by Yvonne Radinku, has reached 2,400 active borrowers with a 96% repayment rate since inception in late

2007



The Townships Project is also offering direct support to Phakamani Foundation which makes loans in the township

areas around Nelspruit and White River, just west of the south end of Kruger National Park



In addition, The Townships Project is working with an amazing coalition of universities, NGOs, corporations and

private entrepreneurs who are supporting a new development initiative called

Asset Based Community Development (ABCD)



Asset Based Community Development (ABCD)

stimulates disadvantaged communities to create their own economic plan, and to use that plan to enlist corporate social responsibility funds, micro-finance institutions and micro-

franchising businesses to support their community

This holistic approach to poverty alleviation is breaking new ground, and it offers the potential of vastly improving the

effectiveness of micro-loans



The community development plans often include the sorts of local

businesses that microloans can start or expand and that franchising can support through business systems, branding and training

Micro-franchising is the application of franchising, the most powerful business system ever created, to smaller businesses (costing up to 3x

per capita GDP)

The Townships Project believes this approach will deepen the effectiveness of its support for micro-lending in South Africa

www.lendtoend.org



The Townships Project has enabled more than 20,000 individual loans since its inception, working with local micro-lending

institutions, thanks to our many supporters



MIEMIE DEBESHANursery School Principal

Herbal Medicine Store Owner

Her desire was to “motivate the children and help them realize that education is the best”. So she found a small building near where she lives with her pensioner husband and invited younger children to come to school for the minimal charges of R30 a month. She gathered some ladies around her to help her teach the twenty five children who came.

In the meantime Miemie had a small business selling herbal medication.



SESANA MBATHATuck Shop Owner

Homemade Chip Seller

With her first two loans she set up a spaza, or mini market, outside her home, where she sold fruit and vegetables, bread, chips etc. With the third loan, she bought a frying machine, which she uses to make potato chips and fries to sell to her customers.



MEITA MBATHATuck Shop Owner

Homemade Beer Seller

Meita is the sole breadwinner of two grandchildren, a husband and mother. She had ideas for building a business, but there was no money to start it. When Phakamani offered to lend her money she was thrilled.

She bought stock of candles, paraffin and sorghum, which she gets from the sugar mill in Hazyview so she can make a sorghum brew.



MRS. LA MATSEBULASecond Hand Clothes Vendor

Mrs. Matsebula is also a grandmother who had a small business selling live chickens but it was fraught with difficulties and never did well. In her home she has four adults she cares for plus four small children. There was never enough money coming in to feed her family properly.

She started selling traditional clothes like wraparound skirts, sandals, traditional hats etc. Now with the third loan she is able to have some electricity and more food.



THELMA SHABANGUTuck Shop Owner

Thelma is a young lady who is responsible for five small children and three adults.

The proceeds earned from her business during her third loan has enabled her to pay for school fees and to start building her house. Right now she’s saving up to put a roof on the house.


You can make a difference!

Thank you for your support of Lend to End [poverty] and The Townships Project!


a fundraising event in support of. a fundraising event for since 1999, the townships project has...

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