Old Mutual
OpenOld Mutual Masisizane Fund
Funding amount
R50 000 to R10 million
Development finance and commercial loans for Black-owned SMMEs. Targets women, rural, and township entrepreneurs - no upper age cap. The majority of the portfolio is non-youth, confirming over-35 entrepreneurs are primary beneficiaries.
Who qualifies
Black-owned business (51%+), South African citizen, viable business model. No upper age restriction. Women, rural, and township businesses prioritised.
Documents needed
- Certified ID copy
- Proof of business ownership
- 6 months bank statements
- Business plan
- Company registration (if applicable)
Women-owned
Always verify eligibility and deadlines on the official source before applying.