(c) Objective 2 The objective is to provide financing support to young entrepreneurs. The organisation would ensure that 6 enterprises are financed for the 2011/12 financial year, 10 enterprises for financial year 2012/13 and 15 enterprises for 2013/14. 300 beneficiaries would be supported through social enterprise financing for the 2011/12 financial year, 500 beneficiaries for 2012/13 and 750 beneficiaries for 2013/14. NYDA will provide R10 million finance to social enterprises for financial year 2011/12, R8 million for 2012/13 and R12 million for 2013/14. The organisation would also provide 9 000 loans to micro enterprises for financial year 2011/12, 38 375 loans for 2012/13 and 55 625 for 2013/14. R16, 6 million would be issued to youth owned micro enterprises for financial year 2011/12, R76 million for 2012/13 and R118 million for 201/14. NYDA would provide 40 loans to SMEs for financial year 2011/12, 193 loans for 2012/13 and 212 loans for 2013/14. The organisation would issue R40 million loans to youth owned small and medium enterprises for financial year 2011/12, R96 800 million for 2012/13 and R106 480 million for financial year 2013/14.