Source: Engineering News

Willowton Group: Willowton, Al Baraka Bank launch interest-free SMME loan fund

Fast-moving consumer goods manufacturer Willowton Group and faith-based financial services provider Al Baraka Bank have partnered to launch a fund to assist small, medium-sized and microenterprises with loan funding. The companies have jointly contributed R100-million to launch the Giving for Hope fund, and aims to further grow the fund to R500-million with help from other corporates or the general public to assist SMMEs in preserving or creating jobs amid the Covid-19 pandemic.

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Est. Annual Revenue
$25-100M
Est. Employees
250-500
CEO Avatar

General Manager

Gilbert Ruiters

CEO Approval Rating

- -/100

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