The Small Enterprise Foundation NPC (“SEF”) is a non-profit organization in South Africa founded in 1992 by John De Wit and Matome Malatji.
SEF focuses on women in rural areas, lending largely on groups and not on individuals. 99 % of loan portfolio are dedicated to women. As of June 2019, SEF’s loan portfolio amounted to approximately US 40 million serving more than 190,000 clients in 5 different provinces of South Africa and entire loan portfolio is below the threshold of USD 10,000 per loan.
In addition to loans, SEF also offers savings products as well as training in financial matters and equality. This is an essential element in supporting the 56 percent of the population below the national poverty line.