MFI ReportMission:
To promote youth economic development by assisting un- or underemployed youth to start or expand businesses through the provision of enterprise finance
Background and Main Challenges:
Background
Prior to the establishment of TNTYEF we gained 7 years of experience in the micro finance industry through a different entity which was liquidated in 2001. New operations started in December 2002, although the organisation has been in operation since 1995. TNTYEF works ... Read more
Prior to the establishment of TNTYEF we gained 7 years of experience in the micro finance industry through a different entity which was liquidated in 2001. New operations started in December 2002, although the organisation has been in operation since 1995. TNTYEF works ... Read more
Background
Prior to the establishment of TNTYEF we gained 7 years of experience in the micro finance industry through a different entity which was liquidated in 2001. New operations started in December 2002, although the organisation has been in operation since 1995. TNTYEF works hand-in-hand with The Nations Trust, an organisation established in 1995, that provides Business Advisory Support Services. We see Micro Finance as a tool to fulfill our mission, not as an end in itself.
Main challenges
-to establish financial stability by securing long-term funding commitment
-to maintain an acceptable (>90%) repayment rate
-to maintain an adequate inflow of quality finance applications
-to secure the sustainability of the businesses financed Hide
Prior to the establishment of TNTYEF we gained 7 years of experience in the micro finance industry through a different entity which was liquidated in 2001. New operations started in December 2002, although the organisation has been in operation since 1995. TNTYEF works hand-in-hand with The Nations Trust, an organisation established in 1995, that provides Business Advisory Support Services. We see Micro Finance as a tool to fulfill our mission, not as an end in itself.
Main challenges
-to establish financial stability by securing long-term funding commitment
-to maintain an acceptable (>90%) repayment rate
-to maintain an adequate inflow of quality finance applications
-to secure the sustainability of the businesses financed Hide
Address:
7th floor The Business Place 58 Marshall Street
Johannesburg, Marshalltown
Gauteng
2001
South Africa
Phone:
+27 11 833 4281
Fax:
+27 11 836 8036
Email:
infojhb [at] thenationstrust [dot] org
Website:
Main Funding Sources:
Loans
Products and Services:
Loans
Looking for (Investment Types):
Donations
Guarantees
Capacity Building Grants
Equity investments
% Operations Comprised by MF:
91 - 100
Date established:
Jan 1 2002
FYE:
31-Mar
Current Legal Status:
NGO
Regulated:
yes
At a glance
- Assets
- Gross Loan Portfolio
- Equity
Contacts
-
Ashley du PlooyNational Directorashley [at] thenationstrust [dot] org+27 11 833 4281
-
Daphne van der WindCEOdaphne [at] thenationstrust [dot] org+27 11 833 4281
