Secha Capital – patient funding for African entrepreneurs

Funding

Funding and management

It’s no breaking news that funding is a key elemenwritet in the success of any business. Whether it is self-funded (read bootstrapped) or funded through friends, family and fools. Banks (loans) or investors (venture capitalists, angel investors, private equity, IPO).

Even less of a surprising reveal, is that there are plenty of businesses in South Africa (and Africa as a whole) that do not have access to appropriate funding.

Another key problem behind a business’ demise, is inappropriate management of that business. Be it the management of its cash flow – mistaking profit with cash on hand or long debtors days. The development of its product – essentially a lack of product-market fit, or inappropriate responses to economic events and competitor maneuvers. Or the people factor – hiring the right people, creating the right environment, and having happy customers.

And there are plenty of other problems that keep businesses from being the best they can be, but these two are the top reasons. Which is why, Secha Capital is looking to help businesses limit them.

Secha Capitalsecha-capital-logo-cropped is an impact investment company that invests patient capital in established SMEs and then helps the business to develop and grow by joining the management team.

Sounds like a win-win for Secha, the business and our economy.

If you would like to know more, check out their website.

About the author, Charlotte

Charlotte, or Charlie as she likes her friends to call her, is what you would call a multipotentialite or a jack of all trades if you must. She been an auditor, an English teacher, a consultant, an executive assistant and product manager. She loves to read, watch shows, learn, tries to exercise, eats a lot, travels and tries out new things.

Entrepreneurship excites her not only because of its capability to bring joy (read freedom) to entrepreneurs, but also because it can vastly improve a country or continent for the better.

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