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SEFA: Amavulandlela Funding Scheme 2021 for Hustlers living with disabilities



About the Opportunity

There is a growing general concern that the majority of people living with disabilities in South Africa are excluded from the mainstream society and have thus been prevented from accessing fundamental social and economic rights. This has resulted in high levels of poverty and unemployment among this community. As an all-inclusive economic development catalyst, sefa has designed a scheme solely for entrepreneurs with disabilities. The scheme is called the Amavulandlela Scheme.


Who can apply?

The scheme is targeted at small and medium-sized enterprises and co-operatives with at least 50+1% ownership by entrepreneurs with disabilities .The disabilities will have to be verified.

  • The entrepreneur will have to be operationally involved in the daily running of the business.

  • Funding is preferred to assist businesses to expand, but meritorious start-ups can also be supported.

  • Funding is preferred to be used for the fulfilment of orders or contracts

  • Financing applications must have economic merit ( financially sustainable &technically feasible)



Additional Customised Benefits

The scheme will also offer the following non-financial support:

  • Preapproval assistance (only if required)

  • Will be up to 5% of the local intended investment but not exceeding R75 000

  • Will be targeted assistance to bring the application to a bankable stage, including mentoring, technical assistance, sourcing and negotiating with suitable suppliers.

  • Will be recovered from the applicant by means of a loan and it shall have a moratorium of 3 months after disbursement (if the loan application has been approved)


How to Apply?

To apply follow the below steps

  • Draft the business plan or proposal

  • Complete the sefa application form which can be downloaded from the sefa website at www.sefa.org.za

  • Submit this business plan together with the completed sefa application form and supporting documentation to your nearest sefa access point / or email it to the contact details at the back of this pamphlet.


For more information, please click:

https://www.sefa.org.za/services/product/12



Contact Details

email: info@seda.org.za

helpline@sefa.org.za

Tel: 012 748 9600


sefa Head office

Bylsbridge Office Park,

Cnr Olievenhoutbosch Street & Jean Avenue,

Building 14 , Block D, 11 Byls Bridge Boulevard, Highveld Extension 73

Centurion, 0157


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