BusinessFIT-Boosts for small enterprises with launch of SA Home Loans Sekela Development Programme:Akhona Mahlati
BusinessFIT-Boosts for small enterprises with launch of SA Home Loans Sekela Development Programme:Akhona Mahlati



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BusinessFIT-Boosts for small enterprises with launch of SA Home Loans Sekela Development Programme

2016-05-12

Boosts for small enterprises with launch of SA Home Loans Sekela Development Programme
6 May 2016

Small enterprise development has received a welcome shot in the arm with the launch by SA Home Loans of its Sekela Development Programme.

"At SA Home Loans we recognise that entrepreneurs are the future of our economy. The Sekela Development Programme is our modest contribution to making that future a reality," said Zakheni Dlamini, Director of Business Development for the home finance provider.

Twelve KZN small businesses were chosen to take part in the programme from a shortlist of 20 after a rigorous selection process.

"Preference was given to black female and black youth-owned enterprises, as we are conscious of the need for a more balanced business society that redresses some of the imbalances of the past," Zakheni said.
Candidates had to be willing to commit to the programme for a period of six months with the owner or owners involved in the day-to-day running of the business and looking for assistance in making their business sustainable, both financially and operationally.

The programme will be facilitated by experienced enterprise development practitioners, Business Fit. The chosen entrepreneurs will be exposed to engaging business development workshops and focussed business mentorship over the next six months.

"The aim is to provide foundational support that will enable the growth and sustainability of entrepreneurs," said Dlamini.

The programme will follow the Business Fit methodology of Discover, Develop, and Deliver. Business Fit will invest in lectures, coaching, mentorship and development together with ad hoc training, where necessary, of the 12 successful entrepreneurs.

"This is the perfect balance of theory and hands-on mentorship." Dlamini said that at the end of the six-month programme they would assess the growth and development of the selected enterprises using established measures including improved business administration knowledge and industry compliance, increased turnover and profitability, and improved ability to create employment opportunities.

While the programme will initially benefit the 12 KZN-based entrepreneurs selected, the ultimate aim is to roll out the initiative nationally.

 "SA Home Loans turned 17 this year and while we're now firmly established in the mortgage market, we remember what it's like to be a start-up. We grew from a one-office operation with a handful of employees into a national brand that has contributed more than 2400 employment opportunities.

"We were able to do this thanks to the support of our clients, funders and shareholders. The Sekela Development Programme is our way of paying it forward by showing our support for promising emerging enterprises." Dlamini said.

"We congratulate the 12 businesses selected to participate. We're confident they will do us and themselves proud."

The 12 enterprises selected for the inaugural SA Home Loans Sekela Development Programme are:
  1. MBIX Pix Photography represented by Joy Mbali Mbatha
  2. MIB Trans represented by Sandile Sunshine Bekwa
  3. Makhophila Training represented by Makhosazana Megan Ngiba
  4. Ndlovukazi Online Media represented by Amanda Onamandla Mathe
  5. Gebhuza Protection Services represented by Hlengiwe Sanelisiwe Majola
  6. Snonozana represented by Nomusa Miya
  7. Manelise Group represented by Thami Ngcobo
  8. Making a Difference Office Solutions represented by Nitesh Singh
  9. Sbenz Construction and Services represented by Sherwyn Esbend
  10. Mashushu Trading Enterprise represented by Mthetheleli Njilo
  11. Quince Technologies represented by Wendy Ngcongo
  12. Madunge Events and Projects represented by Sifiso Kalinjani
Issued on behalf of SA Home Loans
For more information please contact Michele Bovet
Email:  micheleb@sahomeloans.com
Telephone: 031 576 5792




BusinessFIT-Boosts for small enterprises with launch of SA Home Loans Sekela Development Programme

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