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Apply to The Sukuma Fund: Rental Relief for FEDHASA-registered Independent Restaurants



About the Opportunity

Independent restaurant owners who are FEDHASA members can apply for rental relief and financial aid in the form of an unsecured interest-bearing loan of between R250,000 and R1 million through The Sukuma Fund, administered by Business Partners Limited in partnership with FEDHASA.


What can the money be used for?

  • To provide cash flow relief to qualifying close corporations, companies and trusts.

  • Funds shall be used to cover up to 6 months rental due to landlords, with monthly rental payments being made directly to the landlord, subject to proof of sustainable trade in the previous month.

The Sukuma Fund has allocated just over R100 million for qualifying businesses, which must:

  • Be formally registered

  • Operate as an independent restaurant

  • Provide evidence of financial solvency and future viability

  • Regulatory compliant

  • Secure 25% rental relief from landlords


For more information, please click:

https://sukumafund.org.za/about/restaurant-relief/


To apply, please click:

https://fedhasa.co.za/rental-relief/


CONTACT DETTAILS

Email: info@sukumafund.org.za

Phone: +27 11 713 6600


37 West Street

Houghton Estate

Johannesburg

2198

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