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Wednesday, 9th October 2024

The Eastern Cape Rural Development Agency - ECRDA manages a rural finance programme which provides loans to deserving rural entrepreneurs. Loans stimulate vibrant economic activity in rural and economically depressed areas of the province, while opening up opportunities for job creation. The extension of these credit facilities is critical in unlocking socio-economic value in rural communities which often do not have the required security and collateral prescribed by private lending institutions. Businesses that qualify for a loan include: -Tractor and implements -Production inputs -Manufacturing -Irrigation equipment -Livestock -Photography -Public phones -Pigs -Workshops - Processing -Operational costs -Shoe repair -Sheep -Goats -Fencing -Hardware stores -Hawkers -Catering -Farm infrastructure -Ploughs -Trailers -Combined harvesting.

Learn more here: https://ecrda.co.za/

Article source: Newsletter Makana Local Municipality External September 2024 

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