MFI ReportMission:
To be a provider of affordable, accesible and quality financial services for the incremental housing market in South Africa. To provide these services in such a way as to make a positive contribution to the solution of the broader housing challenge for low-income individuals in South Africa.
Background and Main Challenges:
The MFI was formed recently from the consolidation of 3 MFIs with combined history of more than 20 years in micro lending in low-cost housing in South Africa. The MFI is primarily state funded and owned. The consolidation took place during a time when the whole micro lending industry went ... Read more
The MFI was formed recently from the consolidation of 3 MFIs with combined history of more than 20 years in micro lending in low-cost housing in South Africa. The MFI is primarily state funded and owned. The consolidation took place during a time when the whole micro lending industry went through a period of restructuring. The challenge is to implement the adjusted best practice model optimally and find alternative sources of loan and equity capital over the next 3 years. Hide
Address:
Allianz House 54 St. George's Mall P.O.Box 3049
Cape Town
Western Cape
8000
South Africa
Phone:
+27 21 481 2700
Fax:
+27 21 481 2799
Email:
bassonjj [at] proteafinance [dot] co [dot] za
Website:
Main Funding Sources:
Loans
Shareholder Capital
Products and Services:
Loans
Insurance
Training and Consulting
Services Provided:
Other
Looking for (Investment Types):
Loans in Local Currency
Donations
Guarantees
Equity investments
Loans in US$
% Operations Comprised by MF:
81 - 90
Date established:
Jan 1 2003
FYE:
30-Jun
Current Legal Status:
NBFI
Regulated:
yes
At a glance
- Assets
- Gross Loan Portfolio
- Equity
Contacts
-
Jacques BassonMarketing Managerbassonjj [at] proteafinance [dot] co [dot] za+27 21 481 2700
