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During 2009 LIBSA incubated enterprises across the five districts and have achieved the following milestones

JOBS created and sustained – incubated enterprises

DISTRICT LIBSA OFFICE JOBS CREATED JOBS SUSTAINED
Capricorn Aganang 53 90
Blouberg 53 117
Lepelle-Nkumpi 5 102
Molemole - 80
Polokwane 118 212
Sub-total 229 601
Mopani Giyani - 66
Phalaborwa - 72
Modjadjiskloof 12 43
Sub-total 12 178
Sekhukhune Fetakgomo - 20
Jane-Furse - 48
Maatla Ke-Batho 2 70
Tubatse 42 124
Sub-total 44 262
Vhembe Thohoyandou - 62
Makhado - 84
Musina - 106
Mutale - 49
Sub-total 0 301
Waterberg Lephalale 28 -
Thabazimbi 23 -
Modimolle 10 19
Mogalakwena 27 -
Sub-total 88 19
TOTAL 373 1370

Access to capital remains critical to the creation of sustainable enterprises and during 2009 LIBSA facilitated the following business loans to enterprises as follows:

LOANS BY FINANCIAL INSTITUTIONS (COMPILATION OF BUSINESS PLANS)

DISTRICTS LIBSA OFFICE NAME OF FINANCING INSTITUTION NO OF ENTERPRISES AMOUNT
Capricorn Aganang UYF 1 R 75 000
Blouberg Land Bank 1 R 25 000
Lepelle Nkumpi LIMDEV 1 R 180 000
Polokwane UYF 1 R 50 000
LIMDEV 1 R 80 000
Sub-total 5 R 410 000
Mopani Giyani UYF 1 R 40 938
Land Bank 1 R 25 000
LIMDEV 1 R 245 000
Standard bank 1 R 9  000
Phalaborwa UYF 5 R 149 911
Modjadjiskloof UYF 3 R 85 390
Land Bank 1 R 23 881
ABSA 2 R 454 000
Sub-total 15 R 1 033 120
Sekhukhune Jane-Furse LIMDEV 1 R 180 000
Tubatse Anglo Zimele 9 R 2 682 000
Fetakgomo LIMDEV 1 R 80 000
Sub-total 10 R 2 942 000
Waterberg Exxaro 1 R 549 000
LIMDEV 2 R 1 794 000
Anglo Platinum 2 R 120 000
Absa 2 R 2 157 159
Khula 1 R 50 000
Standard Bank 1 R 1 400 000
Sub-total 9 R 6 070 159
Vhembe Makhado LIMDEV 5 R 308 000
Musina Supplyfin 1 R 67 634
Sub-total 6 R 375 634
TOTAL 51 R10 830 913

Through compilation of Funding proposals, LIBSA assisted the following NGO’s to get grants from both private and public sector institutions as follows:

GRANTS RECEIVED

DISTRICTS LIBSA OFFICE NAME OF FUNDER NO OF BUSINESSES AMOUNT
Capricorn Aganang ELSA Development 1 R 25 000
Blouberg Venetia Mine (De Beers) 2 R 307 430
NDA 1 R4877
Lepelle nkumpi NDA 1 R 5 000
Molemole NDA 1 R 1 200 550
Capricorn District Municipality 1 R 900 000
Polokwane LIBSA 1 R 134 526
NDA 3 R 14 792
DTI-CIS 1 R 279 300
Sub-total 12 R 2 871 475
Giyani LIBSA 2 R 704 652
DTI 1 R 156 559
NDA 1 R 2 500 000
Dept. of Aagriculture 1 R 140 000
Sub-total 5 R 3 501 211
Sekhukhune Maatla-Ke-Batho Marble Hall Municipality 1 R 15 000
Jane-Furse Masekhukhu Trading Enterprise cc 1 R 80 000
Sub-total 2 R 95 000


Copyright @ LIBSA 2009. All rights reserved