{"id":627402,"date":"2022-09-22T08:42:57","date_gmt":"2022-09-22T06:42:57","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=627402"},"modified":"2022-09-22T08:44:05","modified_gmt":"2022-09-22T06:44:05","slug":"stand-a-chance-to-win-an-interest-free-business-loan-of-up-to-r5-million-with-inyosi-empowerment","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/627402\/stand-a-chance-to-win-an-interest-free-business-loan-of-up-to-r5-million-with-inyosi-empowerment\/","title":{"rendered":"Stand a chance to win an interest free business loan of up to R5 million with Inyosi Empowerment"},"content":{"rendered":"<p>In commemoration of a decade\u2019s worth of loan funding, and pushing the envelope for black-owned SMMEs within South Africa, <strong><a href=\"https:\/\/inyosi.co.za\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=September+2022&amp;utm_id=Inyosi\" target=\"_blank\" rel=\"noopener\"><strong>Inyosi Empowerment<\/strong><\/a><\/strong> has launched an exclusive business loan funding <strong><a href=\"https:\/\/inyosi.co.za\/borrowers\/competition\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=September+2022&amp;utm_id=Inyosi\" target=\"_blank\" rel=\"noopener\"><strong>competition<\/strong><\/a><\/strong>, whereby one black-owned business could win an interest free loan of up to R5 million.<\/p>\n<ul>\n<li><a href=\"https:\/\/inyosi.co.za\/borrowers\/competition\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=September+2022&amp;utm_id=Inyosi\" target=\"_blank\" rel=\"noopener\"><strong>To enter the competition simply apply via the Inyosi website.<\/strong><\/a><\/li>\n<\/ul>\n<p>This competition is aimed at celebrating the positive impact loan funding can have on the growth of SMME\u2019s and how this in turn spurs on job creation and economic growth in South Africa; much like the domino effect, but more specifically the \u201cInyosi domino effect.\u201d<\/p>\n<p>As one of South Africa\u2019s most established Enterprise and Supplier Development (ESD) third-party providers, Inyosi Empowerment become an expert in the field of business loan financing, through their well-established specialist funds.<\/p>\n<p>These funds have been tailored to provide service offerings for both corporates looking to meet their ESD requirements and black-owned businesses who are looking to take their business to the next level through access to finance, markets and skills.<\/p>\n<h3 class=\"my-4\"><strong>For corporates<\/strong><\/h3>\n<p>Through Inyosi\u2019s Supplier and Enterprise Development offerings, they offer a scalable investment solution for South African corporates who are looking to remove the guess work out of finding suitable ESD opportunities while enjoying the highest possible B-BBEE recognition points for their investment.<\/p>\n<p>Since its inception in 2012, the Inyosi Empowerment\u2019s Enterprise Development Fund has provided business loan funding in excess of almost R820 million via 200 deals across South Africa.<\/p>\n<p>While the Inyosi Enterprise Development ICT fund, a specialised branch of the Inyosi Enterprise Development fund, aims to accelerate the development, sustainability and ultimate financial and operational independence of South African businesses operating within the ICT sector.<\/p>\n<p>Thirdly, the Inyosi Supplier Development fund allows for corporates to invest their Supplier Development (SD) spend strategically by investing into a loan portfolio, which will in turn earn them accredited Supplier Development points.<\/p>\n<p>Through their SD fund, Inyosi has facilitated over 200 introductions between its beneficiaries and key investors, assisted with the creation of more than 10 000 jobs, and facilitated the provision of over 400 bursaries to black students. To date, over 500 investors have entrusted Inyosi with the management of their ESD investment.<\/p>\n<div id=\"attachment_347756\" style=\"width: 650px\" class=\"wp-caption aligncenter\"><a  data-lightbox=\"post-image\" href=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2022\/08\/Investers.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-347756\" class=\"size-full wp-image-347756\" src=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2022\/08\/Investers.jpg\" alt=\"\" width=\"640\" height=\"80\" \/><\/a><p id=\"caption-attachment-347756\" class=\"wp-caption-text\">A few of Inyosi Empowerment\u2019s investors and partners<\/p><\/div>\n<h3 class=\"my-4\"><strong>For Black-owned businesses<\/strong><\/h3>\n<p>Inyosi Empowerment has more than a decade\u2019s worth of experience in facilitating black-owned businesses, with access to capital, markets and skills.<\/p>\n<p>With over R912 million disbursed to black-owned businesses across South Africa, Inyosi has helped many businesses adapt to the ever-changing economic situation, assisted the development of many business owners skills, all while providing competitively priced funding, agreed matched grant funding and access to our inhouse web-based preferential procurement portal, <a href=\"http:\/\/www.iHive.co.za?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=September+2022&amp;utm_id=Inyosi\" target=\"_blank\" rel=\"noopener\"><strong>www.iHive.co.za<\/strong><\/a> \u2013 providing them with access to our over 500 investor companies.<\/p>\n<p>Inyosi Empowerment is known to have provided loan funding to businesses across various sectors and funding requirements, including to acquire assets for growth, refinancing expensive debt and providing businesses with working capital.<\/p>\n<p>So why hesitate? Why delay the process of propelling your business to the next stage? Why not let Inyosi Empowerment empower you?<\/p>\n<h3 class=\"my-4\"><strong>This is what some of the empowered Inyosi beneficiaries have to say: <\/strong><\/h3>\n<div id=\"attachment_627408\" style=\"width: 650px\" class=\"wp-caption aligncenter\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/09\/Inyosi-body-1.png\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-627408\" class=\"wp-image-627408 size-full\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/09\/Inyosi-body-1.png\" alt=\"\" width=\"640\" height=\"640\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/09\/Inyosi-body-1.png 640w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/09\/Inyosi-body-1-300x300.png 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/09\/Inyosi-body-1-150x150.png 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><p id=\"caption-attachment-627408\" class=\"wp-caption-text\">Alastair Rendall and Gita Goven established <strong><a href=\"http:\/\/argdesign.co.za\/selected-urban-design-projects.html?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=September+2022&amp;utm_id=Inyosi\" target=\"_blank\" rel=\"noopener\">ARG Design<\/a><\/strong> in 1999, with a vision to mainstream regenerative design &amp; development throughout the built environment. Projects include Urban Design projects from precincts to city design, upmarket and affordable housing and settlement design, community, sport, education and health facilities, transport architecture and MyCiti Bus Stations.<\/p><\/div>\n<p style=\"text-align: left;\">\n<div id=\"attachment_627422\" style=\"width: 650px\" class=\"wp-caption aligncenter\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/09\/Inyosi-body-2.png\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-627422\" class=\"wp-image-627422 size-full\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/09\/Inyosi-body-2.png\" alt=\"\" width=\"640\" height=\"640\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/09\/Inyosi-body-2.png 640w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/09\/Inyosi-body-2-300x300.png 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/09\/Inyosi-body-2-150x150.png 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><p id=\"caption-attachment-627422\" class=\"wp-caption-text\">Winnie and Aubrey Magodii of <strong><a href=\"http:\/\/www.matongoni.co.za\/trading.html?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=September+2022&amp;utm_id=Inyosi\" target=\"_blank\" rel=\"noopener\">Matongoni General Trading<\/a><\/strong>, a 100% black-owned recycling and plastic manufacturing company. Existing operations focuses on the recycling of material from shopping centers, industrial and agricultural activities, as well as landfill sites.<\/p><\/div>\n<p style=\"text-align: left;\">\n<div id=\"attachment_627430\" style=\"width: 650px\" class=\"wp-caption aligncenter\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/09\/Inyosi-body-3.png\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-627430\" class=\"wp-image-627430 size-full\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/09\/Inyosi-body-3.png\" alt=\"\" width=\"640\" height=\"640\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/09\/Inyosi-body-3.png 640w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/09\/Inyosi-body-3-300x300.png 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/09\/Inyosi-body-3-150x150.png 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><p id=\"caption-attachment-627430\" class=\"wp-caption-text\">Established by Fikile Khiva, <a href=\"https:\/\/kamvacapital.com\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=September+2022&amp;utm_id=Inyosi\" target=\"_blank\" rel=\"noopener\"><strong>Kamva Capital<\/strong><\/a> is a 100% black-owned management consulting firm, specializing in Enterprise &amp; Supplier Development, fund administration and project management services.<\/p><\/div>\n<p>At Inyosi Empowerment, their investment philosophy is to partner with exponentially driven entrepreneurs with high moral ethics and strong business aptitudes, well positioned to make a positive impact on South Africa\u2019s economy &#8211; all while encouraging the growth and empowerment of black-owned businesses throughout South Africa.<\/p>\n<p>This competition provides black-owned businesses with the opportunity for growth at no extra cost or the option to refinance high-interest funders which could be hindering the business from moving forward \u2013 don\u2019t miss out on the opportunity for your business to stand a chance of winning a R5 million interest free loan.<\/p>\n<p>Complete your application today on the Inyosi Competitions page, <strong><a href=\"https:\/\/inyosi.co.za\/borrowers\/competition\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=September+2022&amp;utm_id=Inyosi\" target=\"_blank\" rel=\"noopener\"><strong>here<\/strong><\/a>!<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In commemoration of a decade\u2019s worth of loan funding, and pushing the envelope for black-owned SMMEs within South Africa, Inyosi Empowerment has launched an exclusive business loan funding competition, whereby one black-owned business could win an interest free loan of up to R5 million.<\/p>\n","protected":false},"author":57,"featured_media":627438,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10459],"tags":[17206],"class_list":["post-627402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-inyosi-empowerment"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/627402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=627402"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/627402\/revisions"}],"predecessor-version":[{"id":627518,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/627402\/revisions\/627518"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/627438"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=627402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=627402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=627402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}