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Choosing her own path: Part 2
Financial freedom In part one of this story about Sibongile Mntungwa, she described the constraints of growing up and being a women in rural KwaZulu-Natal, where abduction for marriage still happens. She too was abducted but managed to escape. Twenty five years...
Building families through saving
SaveAct facilitates the formation of savings groups in communities, as a foundation for building sustainable livelihoods. We focus mostly on women and youth, with 92% of membership being women and 24% youth. This has also led to entire families joining SaveAct and...
Study confirms that SaveAct builds resilience
In a country with a teetering level of poverty and unemployment, the findings of a recent independent study of savings group impact are very encouraging. The study, done by Khulisa Management Services, concluded that SaveAct’s method enables people to build resilience...
Working your way up…again and again!
Milan Vezi joined SaveAct in 2019. First interviewed in 2020 as part of the introduction of the WAYSE project, she has come a very long way in the success of her business. Let’s start from the beginning! As Ms Vezi was unemployed, she thought the best way for her to...
The young teaching the younger
Athi Bhungalipheli, 32, started saving with SaveAct in 2017. From that day on, she has done nothing but soar, and teach the youth within her community how to do the same. She used her first share-out to buy egg-laying chickens; with the next, she was able to get a tap...
From this business to that
Two years later, Gcobani Qhina is still thinking about how to thank his sister for encouraging him to join SaveAct. Mr Qhina joined his savings group in 2021, and has since started his most successful business, while expanding his already established enterprises by...
The tuck shop: A crucial start-up
Savings groups members are well known for using share-outs and loans to build their homes and start business, chief among them being tuck shops. Also known as ‘spaza shops’, these stores have proved to be quite a lucrative business venture for a lot of our members....
A couple of business owners
Khethiwe and Zakhele Sthomo from Ntabamhlophe are not only proud parents, they are also successful entrepreneurs. The family joined SaveAct in 2018, when Mrs Khethiwe Sthomo was working on her dream of becoming a full-time fashion designer. At that stage of her life,...
1, 2, 3….PLANT!
Savings group members and SaveAct staff recently received training in plant nursery development. The 24 members and five staff were trained by WAYSE partner, Siyazisiza Trust (ST, ) at their farm in Mtunzini, Kwa-Zulu Natal. The training covered topics ranging from...
Reinvention has no limit or age
Buyelani Jiyane is a formidable woman, and proof that reinvention has no age! Mrs Jiyane, who lives in Msinga, currently runs three successful business, with a new one budding; and her fifth one having been bequeathed to her son. Mrs Jiyane joined SaveAct in 2018 and...
Driven by purpose
Savings groups are a powerful tool for individuals to improve their lives. Now, in the village of Mehloloaneng, Matatiele, a savings group has gone a step further, and is aiding the upliftment of their community. The group, started in 2016, was inspired by the ABCD...
Preparing for lift off with Spring Impact
Spring Impact declares on its website that it was “founded out of frustration”. While working with weaving projects in Ghana and India, founder Dan Berelowitz realised that many were making the same operational mistakes, rather than learning from what works and...
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