About sefa

Who Are We

The Small Enterprise Finance Agency (SOC) Limited (sefa) is a wholly owned subsidiary of the Industrial Development Corporation Limited (IDC) and was founded on 1 April 2012 in terms of Section 3 (d) of the Industrial Development Corporation Act, No. 22 of 1940 (IDC Act) following a cabinet decision and the 2011 State of the Nation Address to merge the three agencies - Khula, the South African Micro-Finance Apex Fund and the IDC’s small business funding unit - into a single entity.



What We Do

The agency provides financial products and services to qualifying small, medium and micro enterprises (SMMEs) and Co-operatives, as defined in the National Small Business Act of 1996 and amended in 2004.

The agency has a national footprint. sefa’s head office is in Centurion in Gauteng, but it has offices nationwide, which enables it to service clients across the country.

Access to finance is one of the biggest obstacles for small businesses; sefa assists such companies through access to financing.

It forges successful partnerships with clients that contribute to great enterprises. The agency serves as a strategic financial partner to significantly contribute to the growth of the enterprise and so create lasting value.



How We Work

sefa partners with the businesses it assists: creating partnerships is an important element of the sustainable development strategy.

It enables the agency to provide the financial and business support that numerous small, medium, micro and co-operative enterprises throughout the country need, either to either establish new enterprises or to grow existing businesses. This way, sefa and its partners are contributing towards sustainable job creation.

This means that sefa is not the only channel to help SMMEs and Co-operatives. They can also access sefa’s products through any of its intermediary or partnership channels:

  • Commercial banks
  • Co-operative financial institutions (CFIs)
  • Micro-finance intermediaries (MFIs)
  • Retail financial intermediaries (RFIs)
  • Strategic partnerships
  • Structured Finance Solutions (SFSs)

SMMEs and Co-operatives can get credit facilities from R500 up to R5-million when applying through any of sefa’s intermediaries or partnerships.

For direct loans of R50 000 up to R5-million, SMMEs and Co-operatives can access this through the regional offices, sefa co-location offices and satellite offices nationally.

Download the sefa brochure

You can download the sefa brochure here.

Download here.