The Kuyasa Fund was established by the Development Action Group, a Cape Town-based community development NGO, which saw a need for additional financing for South Africans who qualified for the state housing subsidy. Now a fully autonomous organisation, Kuyasa works with low-income communities ...
En savoir plusThe Kuyasa Fund was established by the Development Action Group, a Cape Town-based community development NGO, which saw a need for additional financing for South Africans who qualified for the state housing subsidy. Now a fully autonomous organisation, Kuyasa works with low-income communities with an average monthly household income of ZAR 1600 who are unable to access formal finance. The Fund works in townships across Cape Town, all characterised by informal housing, low and erratic incomes, a high percentage of female-headed households and poor service delivery. Our main challenges lie in accessing finance for our loan book and in capacity building, particularly in developing management information systems to keep pace with our growth.
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