Financing: Khula Enterprise Finance

Contact details

Address: 1st Floor Block G, DTI Campus, 77 Meintjies street, Sunnyside, 0020
Telephone: 012 394-3792
E-mail: noving@khula.org.za
Website: www.khula.org.za

Fund details

Name of fund: Business Partners/Khula Start-up Fund
Size of fund: R150m
Funds invested to date at cost: R88,5 as at December 2009

Investment Preferences

Maximum investment: R3m
Minimum investment: R150 000
Industry excluded: Primary agriculture, on-lending, property not forming part of business, mining (excluding quarries, lime, sand and stone), production or trade in weapons and munitions, tobacco, alcohol, wildlife, pesticides, sex industry
Stage of investment: Start-up and early stage of the SME operation. Existing businesses planning to offer new products and/or services
Minimum and Maximum equity usually taken: Up to 35%
Geographical Preferences: Low economic activity SA provinces
Contacts: Bettina Mokete