Financial services group, Sanlam, in partnership with SANParks, has released a video showcasing and discussing the success of its I Am An Entrepreneur programme.
The programme, launched six months ago, is a R10 million (€487 855) SMME funding and support programme aimed at supporting entrepreneurs around Kruger National Park.
Over the last few years, inflation has caused the cost of debt to skyrocket, making financing inaccessible to many SMMEs. This has major implications in South Africa, where about 34% of total GDP comes from the small business sector.
The programme shows the ripple effect that the impact fund – based on a zero-interest loan – can have for entrepreneurs and their communities.
Have a look below to see how the programme has impacted the lives of the entrepreneurs around Kruger National Park:
