Micro-Finance Intermediaries
Loans to intermediaries up to R150-million, and loans through intermediaries to end-users up to R5-million. Applicants need a minimum of two years in operation, with demonstrated microfinance lending.
Via partners
Wholesale Lending
SEDFA funds intermediaries and specialised partnerships to extend debt and equity finance to small businesses across South Africa.
Opens the Old SMME Portal sign-in page.
Facilities
What wholesale lending offers
Retail Financial Intermediaries
A transactional limit dependent on need, up to R100-million.
Specialised Funds & schemes
Including the Godisa Supplier Development Fund, the Credit Guarantee Scheme (BFS/S) and the Land Reform Facility, plus post-loan business and institutional strengthening support.
Loan limits
Specialised Fund thresholds
Within the Specialised Funds and schemes, published lending thresholds include:
- Maximum loan value of R15-million per project
- Maximum loan of R1-million per person, and R1-million per Black person
- Maximum loan amount of R500 000 per enterprise
- Lending threshold of R800 000 per farmer
- Loans of up to R50 000 and up to R100 000 within specific schemes
- Loan repayment period must not exceed 12 years
- Certain facilities are to be repayable within 12 to 18 months
- Others are repayable within the useful lifespan of the asset, to a maximum of 5 years
- A 5% to 10% own contribution as a percentage of the loan amount, with an own contribution of 10% on certain facilities
Eligibility
What intermediaries need to qualify
- A minimum of two years in operation, with the demonstration of microfinance lending
- Key personnel must have the relevant investment and development finance credentials and no less than five years proven working experience as MSME investment analysts and/or microfinance specialists
- A 5% to 10% own contribution as a percentage of the loan amount
- Must comply with B-BBEE codes of good practice