Question NW483 to the Minister of Small Business Development
09 March 2023 - NW483
Cebekhulu, Inkosi RN to ask the Minister of Small Business Development
With reference to the Amavulandela Funding Scheme of the Small Enterprise Finance Agency, which is designed to support persons with disabilities and offers entrepreneurs with disabilities standard credit facilities with fixed interest rates, what is the total number of persons with disabilities who have benefitted from specified funding scheme?”
Reply:
Since the Small Enterprise Finance Agency (sefa) established the Amavulandlela Funding Scheme in December 2016 to date, the scheme has approved loans to the value of R75.3 million, disbursed R54.8 million to 39 enterprises owned by entrepreneurs with disabilities. These enterprises in turn helped create and sustain 753 jobs.
STELLA NDABENI-ABRAHAMS
MINISTER: SMALL BUSINESS DEVELOPMENT