Letter to the Editor | Siyakha ends the year with more good news

Writer: Phillip G Parsons Onrus River.

Many readers have been following the Hermanus Siyakha journey since the initiative was launched in March this year. We have provided regular updates in the media and via our website, but as the year draws to a close we are pleased to report that the initiative has gone from strength to strength.

Hermanus Siyakha is grateful for the support it receives from its supporters: our volunteers, mentors, funders and partners. A particular word of thanks goes to the Grootbos Foundation, FinGlobal and the Overstrand Municipality.

We have received loans and grants from 37 Individuals ranging from R500 to R40 000. To date we have disbursed R153 000 in interest-free loans to 25 small business enterprises in the Overstrand region. These interest-free loans range in size from R1 500 to R12 000. In addition we have made two non-repayable grants to two individuals to the value of R7 000.

Click below to read more. (The full article can be found on page 9)