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.
August 15, 2016
Masisizane helped revamp a manufacturer of timber doors and window frames based in Stutterheim called WP Timber Products earlier in the year.
Thabu Sikukula,the owner of WP Timber, received funding to the tune of R3.5 million from Old Mutual’s Masisizane Fund and a grant of R1.5 million from the Old Mutual Foundation.
Watch as the workers of WP Timber reflect on how our foundation has changed their lives and made a great…
July 19, 2016
On Friday 8 July, Masisizane and one of its clients in the Eastern Cape, Thabo Sikukula, owner of WP Timber Products in Stutterheim launched the revamped business with great success. The key note speaker at the event was Honorable S Somyo, MEC of Finance, Economic Development, Environmental Affairs and Tourism. Almost 300 people gathered to celebrate this event including the 136 valued WP Timbers employees.
In 2015, Sikukula took over WP…
February 25, 2016
Kokstad – Providing access to resources, support and land is key to enabling emerging farmers to weather the worst drought in decades.
This was made evident when about a hundred small-scale farmers in rural KwaZulu-Natal and the Eastern Cape met recently to jointly find solutions to the issues confronting them. The meeting was hosted by Old Mutual’s Masisizane Fund, which provides loan finance and development support for small to medium enterprises.
February 12, 2016
Masisizane strives to build trust relationships with its clients and by supporting them with passion and introducing partnerships, we are making an impact in the communities that we serve.
February 12, 2016
Masisizane partners with government to build foundations and put in place infrastructure and systems in so that small scale farmers can become independent commercial farmers.
June 10, 2015
The Masisizane Fund was recognized as a pioneer in the promotion of small businesses at the 2015 Forging Enterprises Conference. A certificate of merit in the category of Women’s Business Development was awarded to the fund. Masisizane CEO Simpiwe Somdyala accepted the award, along with that of a certificate in recognition of the work done in the category of micro finance by the Small Enterprise Foundation.
More on the award here Masi…
November 12, 2014
Mrs Sakhile Naanyane has successfully managed her own business, Kelebogile Catering CC over the past 12 years, providing catering services to government and private companies in Limpopo. As the business grew, Mrs Naanyane moved from operating from her house to renting retail space in town where she opened a “pap and vleis” outlet, also catering for bigger government contracts.
The Limpopo government was placed under administration in 2012 which unfortunately had…