Standard Bank, Sefa partner to help spaza shops
Standard Bank has partnered with the Small Enterprise Finance Agency (Sefa) to help spaza shops operating under the constraints of the Covid-19 pandemic.
The agency helps spaza shops secure government funding, which can then be used to buy stock from Sefa-approved wholesalers at discounted prices.
Standard Bank recognises its role in helping small businesses as they play a critical role in driving the economy and providing essential goods in townships and rural areas, especially in these times of limited movement.
Qualifying spaza shop owners are now able to go to any Standard Bank branch and get assistance in completing the Sefa application form for funding.