February 6th, 2012 by The Townships Project

Each month we receive detailed financial reports from the two microfinance institutions we support in South Africa: Tetla Financial Solutions, operating in the townships around Cape Town, and Phakamani Foundation, operating in the townships around White River (about 4 hours drive east of Johannesburg). Each loan typically affects more than 5 lives for the better. With 1556 individuals receiving loans in December, those two institutions impacted about 7780 lives.

Summary Statistics for
Tetla Financial Solutions (“Tetla”)	Tetla	Phakamani
Phakamani Foundation (“Phakamani”)	December	December
	2011	2011
Outreach
Number of group loans disbursed this month	177	122
Number of individual new borrowers	525	10
Number of individual repeat borrowers	421	600
Total number of individual borrowers	946	610
Disbursements
Amount disbursed this month (rand)	1,373,100	870,100
Amount disbursed since inception (rand)	32,391,300	19,436,800
Portfolio Size
Number of active groups	832	1,111
Number of active borrowers	4,327	5,555
Average number of borrowers per group	5.2	5.0
Average outstanding loan balance	920	720
Portfolio Quality
Repayment rate	88%	84%
Portfolio at risk (31-90 days)	0%	1%
Bad debts (91 – 365 days)	1%	2%
Productivity
Number of field staff	21	42
Number of admin staff	5	5
Total number of staff	26	47

$1 Cdn = approx 7.10 Rand 06-Feb-12

February 6th, 2012 by The Townships Project

Each month we receive detailed financial reports from the two microfinance institutions we support in South Africa: Tetla Financial Solutions, operating in the townships around Cape Town, and Phakamani Foundation, operating in the townships around White River (about 4 hours drive east of Johannesburg). Each loan typically affects more than 5 lives for the better. With 2219 individuals receiving loans in November, those two institutions impacted about 11095 lives.

Summary Statistics for
Tetla Financial Solutions (“Tetla”)	Tetla	Phakamani
Phakamani Foundation (“Phakamani”)	November	November
	2011	2011
Outreach
Number of group loans disbursed this month	197	234
Number of individual new borrowers	628	510
Number of individual repeat borrowers	421	660
Total number of individual borrowers	1049	1170
Disbursements
Amount disbursed this month (rand)	1,469,000	1,662,400
Amount disbursed since inception (rand)	31,923,800	18,566,700
Portfolio Size
Number of active groups	748	1133
Number of active borrowers	3,878	5,665
Average number of borrowers per group	5.18	5.00
Average outstanding loan balance	957	745
Portfolio Quality
Repayment rate	88%	100%
Portfolio at risk (31-90 days)	0%	1%
Bad debts (91 – 365 days)	0%	1%
Productivity
Number of field staff	21	42
Number of admin staff	4	7
Total number of staff	25	49

$1 Cdn = approx 7.10 Rand 06-Feb-12

February 6th, 2012 by The Townships Project

Each month we receive detailed financial reports from the two microfinance institutions we support in South Africa: Tetla Financial Solutions, operating in the townships around Cape Town, and Phakamani Foundation, operating in the townships around White River (about 4 hours drive east of Johannesburg). Each loan typically affects more than 5 lives for the better. With 1794 individuals receiving loans in October, those two institutions impacted about 8970 lives.

Summary Statistics for
Tetla Financial Solutions (“Tetla”)	Tetla	Phakamani
Phakamani Foundation (“Phakamani”)	October	October
	2011	2011
Outreach
Number of group loans disbursed this month	165	149
Number of individual new borrowers	469	365
Number of individual repeat borrowers	397	380
Total number of individual borrowers	866	745
Disbursements
Amount disbursed this month (rand)	1,184,100	907,000
Amount disbursed since inception (rand)	30,454,800	16,904,300
Portfolio Size
Number of active groups	678	1019
Number of active borrowers	3,562	5,095
Average number of borrowers per group	5.25	5.00
Average outstanding loan balance	898	741
Portfolio Quality
Repayment rate	90%	98%
Portfolio at risk (31-90 days)	0%	1%
Bad debts (91 – 365 days)	1%	1%
Productivity
Number of field staff	19	42
Number of admin staff	5	7
Total number of staff	24	49

$1 Cdn = approx 7.10 Rand 06-Feb-12

February 6th, 2012 by The Townships Project

Each month we receive detailed financial reports from the two microfinance institutions we support in South Africa: Tetla Financial Solutions, operating in the townships around Cape Town, and Phakamani Foundation, operating in the townships around White River (about 4 hours drive east of Johannesburg). Each loan typically affects more than 5 lives for the better. With 1694 individuals receiving loans in September, those two institutions impacted about 8470 lives.

Summary Statistics for
Tetla Financial Solutions (“Tetla”)	Tetla	Phakamani
Phakamani Foundation (“Phakamani”)	September	September
	2011	2011
Outreach
Number of group loans disbursed this month	149	179
Number of individual new borrowers	448	585
Number of individual repeat borrowers	351	310
Total number of individual borrowers	799	895
Disbursements
Amount disbursed this month (rand)	1,030,800	1,024,600
Amount disbursed since inception (rand)	29,270,700	15,997,300
Portfolio Size
Number of active groups	659	972
Number of active borrowers	3,459	4,860
Average number of borrowers per group	5.25	5.00
Average outstanding loan balance	850	810
Portfolio Quality
Repayment rate	93%	99%
Portfolio at risk (31-90 days)	0%	1%
Bad debts (91 – 365 days)	1%	1%
Productivity
Number of field staff	18	46
Number of admin staff	4	6
Total number of staff	22	52

$1 Cdn = approx 7.10 Rand

06-Feb-12

November 6th, 2011 by The Townships Project

Each month we receive detailed financial reports from the two microfinance institutions we support in South Africa: Tetla Financial Solutions, operating in the townships around Cape Town, and Phakamani Foundation, operating in the townships around White River (about 4 hours drive east of Johannesburg). Each loan typically affects more than 5 lives for the better. With 2111 individuals receiving loans in August, those two institutions impacted about 10555 lives.

Summary Statistics for
Tetla Financial Solutions (“Tetla”)	Tetla	Phakamani
Phakamani Foundation (“Phakamani”)	August	August
	2011	2011
Outreach
Number of group loans disbursed this month	139	275
Number of individual new borrowers	468	745
Number of individual repeat borrowers	268	630
Total number of individual borrowers	736	1375
Disbursements
Amount disbursed this month (rand)	993,0000	1,622,900
Amount disbursed since inception (rand)	27,413,900	14,972,700
Portfolio Size
Number of active groups	596	942
Number of active borrowers	3,123	4,710
Average number of borrowers per group	5.24	5.00
Average outstanding loan balance	924	818
Portfolio Quality
Repayment rate	94%	98%
Portfolio at risk (31-90 days)	0%	1%
Bad debts (91 – 365 days)	1%	1%
Productivity
Number of field staff	17	39
Number of admin staff	4	6
Total number of staff	21	45

$1 Cdn = approx 7.26 Rand

06-Nov-11

November 6th, 2011 by The Townships Project

Each month we receive detailed financial reports from the two microfinance institutions we support in South Africa: Tetla Financial Solutions, operating in the townships around Cape Town, and Phakamani Foundation, operating in the townships around White River (about 4 hours drive east of Johannesburg). Each loan typically affects more than 5 lives for the better. With 1499 individuals receiving loans in July, those two institutions impacted about 7495 lives.

Summary Statistics for
Tetla Financial Solutions (“Tetla”)	Tetla	Phakamani
Phakamani Foundation (“Phakamani”)	July	July
	2011	2011
Outreach
Number of group loans disbursed this month	138	154
Number of individual new borrowers	472	370
Number of individual repeat borrowers	257	400
Total number of individual borrowers	729	770
Disbursements
Amount disbursed this month (rand)	954,300	1,036,100
Amount disbursed since inception (rand)	26,420,900	13,349,800
Portfolio Size
Number of active groups	548	809
Number of active borrowers	2,871	4,045
Average number of borrowers per group	5.24	5.00
Average outstanding loan balance	933	759
Portfolio Quality
Repayment rate	96%	96%
Portfolio at risk (31-90 days)	0%	1%
Bad debts (91 – 365 days)	1%	2%
Productivity
Number of field staff	17	39
Number of admin staff	4	6
Total number of staff	21	45

$1 Cdn = approx 7.26 Rand

06-Nov-11

November 6th, 2011 by The Townships Project

Each month we receive detailed financial reports from the two microfinance institutions we support in South Africa: Tetla Financial Solutions, operating in the townships around Cape Town, and Phakamani Foundation, operating in the townships around White River (about 4 hours drive east of Johannesburg). Each loan typically affects more than 5 lives for the better. With 1757 individuals receiving loans in June, those two institutions impacted about 8785 lives.

Summary Statistics for
Tetla Financial Solutions (“Tetla”)	Tetla	Phakamani
Phakamani Foundation (“Phakamani”)	June	June
	2011	2011
Outreach
Number of group loans disbursed this month	158	184
Number of individual new borrowers	589	580
Number of individual repeat borrowers	248	340
Total number of individual borrowers	837	920
Disbursements
Amount disbursed this month (rand)	1,114,700	1,063,900
Amount disbursed since inception (rand)	25,466,600	12,313,700
Portfolio Size
Number of active groups	496	752
Number of active borrowers	2,629	3,760
Average number of borrowers per group	5.30	5.00
Average outstanding loan balance	942	751
Portfolio Quality
Repayment rate	97%	96%
Portfolio at risk (31-90 days)	0%	1%
Bad debts (91 – 365 days)	1%	3%
Productivity
Number of field staff	17	39
Number of admin staff	4	5
Total number of staff	21	44

$1 Cdn = approx 7.26 Rand

06-Nov-11

November 6th, 2011 by The Townships Project

Each month we receive detailed financial reports from the two microfinance institutions we support in South Africa: Tetla Financial Solutions, operating in the townships around Cape Town, and Phakamani Foundation, operating in the townships around White River (about 4 hours drive east of Johannesburg). Each loan typically affects more than 5 lives for the better. With  985 individuals receiving loans in May, those two institutions impacted about 4925 lives.

Summary Statistics for
Tetla Financial Solutions (“Tetla”)	Tetla	Phakamani
Phakamani Foundation (“Phakamani”)	May	May
	2011	2011
Outreach
Number of group loans disbursed this month	90	99
Number of individual new borrowers	296	300
Number of individual repeat borrowers	194	195
Total number of individual borrowers	490	495
Disbursements
Amount disbursed this month (rand)	694,700	607,900
Amount disbursed since inception (rand)	24,351,900	11,249,800
Portfolio Size
Number of active groups	442	613
Number of active borrowers	2,323	3,065
Average number of borrowers per group	5.26	5.00
Average outstanding loan balance	878	814
Portfolio Quality
Repayment rate	98%	95%
Portfolio at risk (31-90 days)	0%	2%
Bad debts (91 – 365 days)	4%	3%
Productivity
Number of field staff	16	42
Number of admin staff	4	5
Total number of staff	20	47

$1 Cdn = approx 7.26 Rand
06-Nov-11

November 6th, 2011 by The Townships Project

Each month we receive detailed financial reports from the two microfinance institutions we support in South Africa: Tetla Financial Solutions, operating in the townships around Cape Town, and Phakamani Foundation, operating in the townships around White River (about 4 hours drive east of Johannesburg). Each loan typically affects more than 5 lives for the better. With 1107 individuals receiving loans in April, those two institutions impacted about 5535 lives.

Summary Statistics for
Tetla Financial Solutions (“Tetla”)	Tetla	Phakamani
Phakamani Foundation (“Phakamani”)	April	April
	2011	2011
Outreach
Number of group loans disbursed this month	85	130
Number of individual new borrowers	269	385
Number of individual repeat borrowers	188	265
Total number of individual borrowers	457	650
Disbursements
Amount disbursed this month (rand)	622,000	761,400
Amount disbursed since inception (rand)	23,657,200	10,641,900
Portfolio Size
Number of active groups	418	586
Number of active borrowers	2,197	2,930
Average number of borrowers per group	5.26	5.00
Average outstanding loan balance	910	866
Portfolio Quality
Repayment rate	96%	98%
Portfolio at risk (31-90 days)	1%	2%
Bad debts (91 – 365 days)	4%	2%
Productivity
Number of field staff	16	34
Number of admin staff	4	5
Total number of staff	20	39

$1 Cdn = approx 7.26 Rand
06-Nov-11

November 6th, 2011 by The Townships Project

Each month we receive detailed financial reports from the two microfinance institutions we support in South Africa: Tetla Financial Solutions, operating in the townships around Cape Town, and Phakamani Foundation, operating in the townships around White River (about 4 hours drive east of Johannesburg). Each loan typically affects more than 5 lives for the better. With 1484 individuals receiving loans in March, those two institutions impacted about 7240 lives.

Summary Statistics for
Tetla Financial Solutions (“Tetla”)	Tetla	Phakamani
Phakamani Foundation (“Phakamani”)	March	March
	2011	2011
Outreach
Number of group loans disbursed this month	106	188
Number of individual new borrowers	246	320
Number of individual repeat borrowers	298	620
Total number of individual borrowers	544	940
Disbursements
Amount disbursed this month (rand)	759,200	1,124,000
Amount disbursed since inception (rand)	23,035,000	9,880,500
Portfolio Size
Number of active groups	391	644
Number of active borrowers	2,065	3,220
Average number of borrowers per group	5.28	5.00
Average outstanding loan balance	952	733
Portfolio Quality
Repayment rate	97%	98%
Portfolio at risk (31-90 days)	0%	2%
Bad debts (91 – 365 days)	3%	1%
Productivity
Number of field staff	16	34
Number of admin staff	4	5
Total number of staff	20	39
$1 Cdn = approx 7.26 Rand
06-Nov-11