981. Mr S J F Marais (DA) to ask the Minister of Small Business
Development:
(1) Is the Small Enterprise Finance Agency (SEFA) active in the
Mpumalanga Province; if so, what are the addresses of the SEFA offices
serving the area;
(2) in the (a) 2012-13 and (b) 2013-14 financial years, (i) how many
applications did the specified offices receive, (ii) how many of these
applications were approved, (iii) what is the rand value of the approved
applications and (iv) how many of the approved applicants are still in
business? NW1134E
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 REPLY
(1) The Small Enterprise Finance Agency (sefa) is active in the
Mpumalanga province. It operates at the following address:
Unit U5,
Nelcity Centre,
Cnr Paul Kruger & Samora Machel Drive,
Nelspruit,
1200
To ensure that sefa covers the entire province without investing funds in
establishing its own offices it (sefa) has signed Memorandum of
Understanding (MOU) with both the Small Enterprise Development Agency
(Seda) and Mpumalanga Economic Development Agency (MEGA). The primary
purpose of these MOUs is for sefa to use the branch offices of Seda and
MEGA as referral offices. This is in line with the establishment of the co-
location points the intention being to enhance accessibility of support
services relating to small business development.
(2) During the first year of sefaâs operation, few applications were
approved as the focus was mainly in the development of the lending
platform (systems, processes and procedures) prior to scaling.
|Financial Year 2012-13 |
|Applications |Applications|Approvals |No. of businesses |
|Received |Approved | |still operational |
|46 |5 |R13Â 472 265 |4 |
| |
|Financial Year 2013-14 |
|Applications |Applications|Approvals |No. of businesses |
|Received |Approved | |still operational |
|98 |12 |R16 706 926 |12 |