Just hearing our Greenhouse team assessing their progress on the micro-enterprise development pilot we’re running in partnership with Standard Bank’s Tutuwa team. The latest official figure is that we have trained 701 business owners since December!!

Tutuwa is focusing on delivering unsecured micro enterprise loans into this market, and we are delivering the supporting training that helps these guys lift their performance game. They learn more about the role of funding in building businesses, financial literacy, and basic business management skills that should build a whole string of excited AHA’s.

Hanli and her Greenhouse team will soon be interrogating all the learning from this pilot so we can build a brilliant offering in our market: how effective is the content and methodology we have designed? How well have we prepared our trainers? What impact will it have on Tutuwa’s ability to manage risk in the lending space? How does the combination of training and funding coming at a similar time in the life of a Micro Enterprise generate value for that business owner?

It’s a hugely exciting piece of work for us, and we are all very committed to making it an effective and impactful contribution to the economy of our country.