Sef (Pty) Ltd 2016 AR2
The report highlights the Small Enterprise Foundation's (SEF) activities and financial performance for the fiscal year ended June 30, 2016. As a South African non-profit microfinance institution, the company reached 138,827 active clients, 99% of whom are women, and disbursed R 898 million across 317,017 loans during the year. SEF continued its commitment to poverty alleviation through its Tšhomisano Credit Programme and Microcredit Programme, utilizing Participatory Wealth Ranking and the Progress Out of Poverty Index to target the poorest households. Additionally, the company maintained its 'α' Social Rating from M-CRIL and Truelift Achiever Milestone, demonstrating strong social performance management.
Company: Sef (Pty) Ltd
Sector: Professional & technical services
Country: South Africa
Year: 2016
Type: AR2
Pages: 69
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Sef (Pty) Ltd
Annual Report
The report highlights the Small Enterprise Foundation's (SEF) activities and financial performance for the fiscal year ended June 30, 2016. As a South African non-profit microfinance institution, the company reached 138,827 active clients, 99% of whom are women, and disbursed R 898 million across 317,017 loans during the year. SEF continued its commitment to poverty alleviation through its Tšhomisano Credit Programme and Microcredit Programme, utilizing Participatory Wealth Ranking and the Progress Out of Poverty Index to target the poorest households. Additionally, the company maintained its 'α' Social Rating from M-CRIL and Truelift Achiever Milestone, demonstrating strong social performance management.
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Document Details
Report Year
2016
Reporting Period
Jul 1, 2015 - Jun 30, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees