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Sectors Join Hands to Wrestle Rural Development
Mthatha in the Eastern Cape has always been an area renowned for its unspoiled beauty, steadfast traditions, and it is the birth place of Nelson Mandela who was born in a nearby town. Sadly it’s always been a landscape marred by poverty and unemployment. With over 65 percent of poor people found in rural areas and 78 percent of those likely to be chronically poor, the need for sustainable rural economic development in South Africa is greater than ever before. (more…)
Investment Process
The Need for Development Finance
There is a wealth of entrepreneurial genie to be unearthed in the underdeveloped areas of our developing economy, entrepreneurial qualities which if rightly nurtured would mark the turning point of our countries urban small businesses (SME’s) and rural economic development.
KERPEF realises that while it is risky and costly for finance institutions to fund rural businesses, the benefit of a successful rural business and lessons learnt from those which stumbled outperform by far the cost thereof.
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