The company was established in 2020 with a R1 billion donation. During phase 1 it operated as a COVID relief mechanism for small businesses, distributing the R1 billion as 5-year interest-free loans, through the 6 major banks to 10,000 SMMEs and 100,000 employees. Using the returning funds, the trust aims to continue to support small businesses by offering a range of financial and non-financial support mechanisms.
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