Finances (SA)

How to apply for the Isivande Women’s Fund?

Learn how to apply for the Isivande Women's Fund and get investments to engage, promote, and accelerate women's economic empowerment.

Apply for an Isivande Women’s Fund: affordable and responsive finance options for businesswomen

Learn how to apply for Isivande Women's Fund. Source: The Mister Finance.
Learn how to apply for Isivande Women’s Fund. Source: The Mister Finance.

Although it is not simple to apply for an Isivande Women’s Fund, it might be worth it if you are a woman in charge of a startup.

card

funds

Isivande Women's Fund

business empowerment

For women in charge of potential businesses in growth and expansions like startups.

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The qualification process requires an extensive list of eligibility criteria, including:

  • The business must be active and operational for at least six months;
  • The business must be in the early-stage capital for growth and expansion;
  • It must be owned or managed by women at a percentage of 50% plus one share;
  • It needs to show commercial sustainability, employment creation, social impact, and potential growth.

The investments range from R30 000 to R2 million.

Also, the funds are affordable, usable, and responsive. And they focus on promoting women’s economic empowerment.

In addition, the program features excellent support and strategies to engage and develop entrepreneurship in rural and peri-urban areas.

So, now, learn how to apply for the Isivande Women’s Fund.

Online Application Process

Your business will receive the financial incentive you deserve. Source: Freepik.
Your business will receive the financial incentive you deserve. Source: Freepik.

Unfortunately, online applications couldn’t be found.

It is important to access the Government Investment Incentives to download the forms, though.

Application Process via the Government Investment Incentives

To apply for an Isivande Women’s Fund, you need to be a woman in charge of a startup or a potential business that has been active and operational for at least six months.

The business needs to show commercial sustainability, employment creation, social impact, and potential growth, as well.

But firstly, you need to call 0861 843 384 to contact the customer center to start an application.

You can also access the Government Investment Incentives and related websites to download the application forms. 

But you must go after a government department of investments to provide the legal documentation to apply for the finance options as well as check your offers.

Isivande Women’s Fund vs. Care dependency grant

The South African government provides many benefits, including investments for businesses or welfare actions for vulnerable people.

In the case of Isivande Women’s Funds, the government offers finance options or investments for women in charge of startups or businesses with potential growth.

The investments range from R30 000 to R2 million.

Also, the purpose is to accelerate women’s economic empowerment.

As mentioned before, the government provides other types of funds, including social benefits for those in need.

It is the case with the Care dependency grant.

To sum up, this benefit is offered to support parents, foster parents, or primary caregivers of children with severe disabilities who need full-time special care.

The South African Social Security Agency (SASSA) pays this grant, and the value is R1 980 per month.

Of course, the eligibility criteria require a medical assessment, among other requirements in the qualification process.

But it might be worth reading the review to understand how this benefit works.

Care dependency grant

How to apply for the Care Dependency Grant?

Learn how to apply for the Care dependency grant at the South African Social Security Agency (SASSA) to guarantee the benefit if you need it.

About the author  /  Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by  /  Aline Barbosa

Senior Editor

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