Statistics

Phakamani Foundation began operations in 2008 and is on a structured growth path, as shown by the micro-enterprise lending statistics below. Our operational performance and the ultimate impact of our integrated training, lending and support programme is also measured in other ways. If you need more information, please contact us.

Dec 2013 Dec 2012
(USD) (USD)
Active Borrowers 9 380 7 495
Average Loan Size * R1 539 $150 R1 719 $170
Repayment Rate** 97.4% 96.1%
Loans Issued to Date 45 850 30 000
Value of Loans Issued to Date R60 mil $6 mil R38 mil $3.8 mil

* First loans to clients are between R700-R1 700. Successful micro-enterprise owners are eligible to take out gradually higher loans to a maximum of R15 000.

** Rolling average for 12 months prior.

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