What is a loan?
A business loan is money that you borrow from a bank to run your business. You will payback the loan plus intrest in the future. MOST banks in South Africa will only give you a loan if you are already running your business.
What is a grant?
A business grant is like a loan but you dont pay it back. To qualify for a grant you need to prove that you can succeasfully run your business. Most companies will fail within few years so the companies that are offering grants and loans must make sure that the funds are landing on the rights hands.
Iyini imali mboleko?
Yimali lena obolekwa yona ukuze usungule noma uqhube ibhizinisi lakho, uyadingeka ukuyikhokha lemali isihambisana nenzuzo ngaphezulu.
Ngabe iyini yona i-grant?
I business grant iwuxhaso, icishe ifane nayo iloan umahluko ukuthi igrant yona awuyikhokhi, ngaphambi kokuthi unikwe igrant kuyaye kubhekwe ukuthi ukuthi ibusiness lakho liyathembisa yini ngempela ukuba yimpumelelo.
How to apply for a business loan or a grant?
To apply for a smale scale farming business loan or a grant, you need to have documents to prove the following :- Your business is registered
- You have an updated business plan
- Be a South African citizen
- Be able to afford loan re-payment
List of companies that are offering loans for small businesses in south africa
Ithala SOC Limited
303 Dr Pixley KaSeme (West) Street
15th Floor
Delta Towers
Durban
4001
South Africa
Ph: 031 366 2500
Fx: 031 907 5685
Email and Updated Contact Details here
More reading
A story of a black chicken called Ayam Cemani
what is required to start a small scale chicken farm
How much investment do you need for poultry farm
How to run a succesffuly chicken farming business
Different types of farming systems
Buy My Chicken Faming book
My chicken farming book covers a lot of chicken farming topics from:
- Free range chicken farming , Organic chicken farming and Cagged Chicken farming
- Tools that are needed on a chicken farm
- Broilers and Layers.
- Chicken feed types
- Chicken houses requirements
- Chicken common diseases
- Most common chicken breeds
- View more details