Old Mutual | Do Great Things
Masisizane  ›  Case Studies

Case Studies


Masisizane Fund provides loan financing in the following sectors:

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

    Agribusiness

    Grain and Vegetable Crop

    David Mongoato

    David is one of 15 farmers working in a cluster maize development in Matatiele. David proudly says he was born to be a farmer and successfully farms on 970 hectares of land – 210 of these planted with Masisizane support. He is passionate about mentoring fellow farmers but also to learn from them.

    The Maize Cluster provides a great learning platform for all 15 farmers. Farmers have the opportunity to talk together and stand together. They have strong negotiating power as a group of 15 farmers. Mentorship amongst themselves. Most of the farmers are dreaming about becoming commercial farmers and all want to branch into farming with livestock and lastly a tenacity to succeed.

     

    more info...
  •  
    Old Mutual Image

    Supply Chain & Manufacturing

    Working Capital and Equipment

    CTU Manufacturing

    CTU’s Manufacturing Co-operative was established in 2008 by three women Nonhlanhla Mphachoe, Nontokozo Ngcobo and Busisiwe Bhengu in Gauteng. Nonhlanhla and Busisiwe were professional nurses who saw an opportunity to supply hospitals with apparel. They resigned and went for business training to turn their idea into reality.

    Manufacturing fully guaranteed products: hospital linen; apparel/attire; uniforms; corporate and personal protective clothing. The business has created 56 employment opportunities for disadvantaged women in Gauteng.

    In 2013, CTU received loan funding from Masisizane to ensure their fulfilment of contracts with the Gauteng Department of Health.

    more info...
  •  
    Old Mutual Image

    Franchising & Commerical

    King Pie Paledi Mall

    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 a negative effect on numerous small businesses that were suppliers of provincial government.  As a result, Mrs Naanyane had to close her retail shop in 2013 having lost all of her regular contracts with government.

     

    As a true entrepreneur, having had to close down one business simply meant that she had to open something else and Mrs Naanyane purchased, with a loan and support from the Masisziane Fund, a King Pie franchise in Paledi Mall, Makweng.  She opened the shop in October 2014 employing 3 people.  This business quickly grew into a very successful outlet.

     

    One year later, in November 2015, Mrs Naanyane received another loan from the Masisizane Fund and opened a second King Pie franchise outlet in Turfloop employing another 3 people permanently.

    Mrs Naanyane is thankful that she was given a second chance and this time not to be dependent on government tenders and contracts.  She now feels in control and able to manage her business effectively.

    more info...