Spaza shops: access to capital opens doors for entrepreneurs
Funding dreams: how a small business fund has identified the oft-forgotten spaza shop as a way to grow new business
Spaza shop owner Ntombizonke Mkhize has a dream. Since securing a small loan last year, she has been able to buy new stock, hire two new employees and even open a new shop.
Speaking outside her spaza, Sisters Tuck Shop in the KwaZulu-Natal township of KwaMashu, Mkhize says the funding has helped her...