The KZN Business Rescue Fund

Many uninsured small/micro businesses have been destroyed in Kwa-Zulu Natal during the recent violence and looting.

As a registered NPO, The Peace Agency is inviting those who have R5k, R10k, R20k, R50k etc in investments, savings, or retirement funds, to consider drawing an amount and giving it to a business to rebuild itself. This will not be a loan. It will be community/citizens insurance payment.

We are also inviting community groups such as faith-based organisations, stokvels, schools, businesses, exercise clubs, book clubs etc to get got together and each contribute a smaller amount to save a local business in their area of KZN for the benefit of the whole community. If you are elsewhere in South Africa or abroad, we can identify a business in need on your behalf.

The Peace Agency is a registered Durban, Kwa-Zulu Natal based Non-Profit and Public Benefit Organisation with over a decade of experience in the social development space. Whilst our specific mandate is orphans and vulnerable children, we are positioned to facilitate social justice/restoration projects under our auspices.

The project is immediate and will be run as follows:

• Detailed due diligence will be done on prospective SMME's to identify the real need.

• We will work in partnership with the iLembe Chamber of Commerce and Industry and other Chambers around KZN, to assist with identification of businesses in need.

• We will facilitate a mentorship process to ensure best use of the funds.

• We will project manage each investment, ensuring transparent accounting and a detailed report for each donor on the business they have restored.

• Funds will be used for infrastructure and stock and where possible, will be paid directly to suppliers.

 

Donations

  • Lene Nielsen 
    • £120 
    • 1 mo
  • Sine Nielsen 
    • £150 
    • 1 mo
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Organizer

Justin Foxton 
Organizer
Stevenage, UK
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