The Coca-Cola Company’s enterprise development programme 5by20 is aimed at empowering five-million women by 2020 MALEHLOHONOLO Moleko started a bakery in 2006 and another small business a while later. But despite working 15-hour days, she could not turn them into money-spinners, and even had to turn to family members to make ends meet.“I realised that there were a lot of business skills I didn’t have, even though I completed 12 years of schooling and received my matric certificate,” she told a TEDxWomen conference in Washington DC late last year.“Unfortunately I couldn’t further my studies because of lack of finances.”The Vanderbijlpark resident said she had taken bank loans to pay for her overheads, but found it difficult to balance her accounts.“This was so embarrassing because I couldn’t figure out how to make ends meet, no matter how many hours I worked each day. Then I learned about a training workshop for women in business.”Moleko was referring to the 5by20 initiative, the Coc...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.