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|
|Active Borrowers||9 380||7 495|
|Average Loan Size *||R1 539||$150||R1 719||$170|
|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 R500 and R1 200. Successful micro-enterprise owners are eligible to take out gradually higher loans to a maximum of R15 000.
** Rolling average for 12 months prior.