Masisizane Fund Loan Financing

Masisizane Fund Loan Financing

 

The Masisizane Fund offers tailored integrated and flexible financial and non-financial solutions including financial education, capacity development and mentoring support.  We take time to fully understand each enterprise needs, challenges and characteristics.

The understanding and the partnership we create add value and offer innovative enterprise models aimed at ensuring long-term enterprise growth, sustainability and development impact.

What is important to Masisizane?

  • Creating jobs, eradicating poverty and reducing inequality
  • Contributing to economic growth.
  • Bias towards women, youth and disabled.
  • Focus on economically under-developed areas: rural, townships and peri-urban areas.

Funding Application Process

Masisizane Fund focuses on productive sectors that have high employment and growth multipliers with a strong rural, township and peri-urban bias.

Masisizane Fund provides loan financing in the following sectors:

  • Agribusiness (Primary and Agri-processing)
  • Franchising & Commercial
  • Supply Chain & Manufacturing

Non-financial value adding services includes:

  • Capacity Development: business management and technical support.
  • Financial Education
  • Market Development
  • Product/Service quality standards and compliance

A business must show financial feasibility and the ability to repay a loan.

Step 1: Screening (1 – 2 weeks)

Submit the following documents for an initial screening by the relevant provincial office:

  • Comprehensive business plan with market analysis and projections;
  • For established businesses – past financials (preferably 3 years) and the latest management accounts;
  • For start-up businesses – financial projections;
  • Tax clearance certificate;
  • Off take agreements and/or letters of intent;
  • Signed consent for a credit check.

Once the initial screening has been completed, a full due diligence exercise, including a site visit will follow.

Step 2: Loan application and assessment ( 2 – 3 weeks)

  • Business plan assessment
  • NCR compliance
  • Regulatory compliance e.g. tax, trading licenses, permits
  • Industry and business analysis

Step 3: Due Diligence (4 – 8 weeks)

  • Site visit to the Applicant’s operating premises
  • Market analysis of the business
  • Ownership and management
  • Operations and processes
  • Loan repayment ability
  • Deal structuring
  • 3rd party assessment (as required)

Step 4: Approval (2 – 12 weeks)

  • Decision by EXCO and Credit Committee (approximately 2 – 6 weeks)
  • Approval by Board (approximately 4 – 12 weeks)

Step 5: Disbursement (2 – 6 weeks)

  • Contracting and disbursement

Masisizane Fund Financing Option Application Form

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