The Townships Project A Canadian non-profit jumpstarting business in South
African townships through microlending, microfranchising
and asset based community development.
Canadian Charitable Registration Number (86418 8420 RR0001).
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Our 2009 and 2008 statements were audited by Gerard Fitzpatrick at Fitzpatrick & Company. Our 2007 statements were also audited by Gerard Fitzpatrick at his former firm, Beaton Fitzpatrick Murray.

During 2009, in addition to the direct transfers noted in the financial statements, we were responsible for the transfer of $50,000 directly from a South African mining house to Tetla Financial Solutions, and for the transfer of $12,000 directly from an offshore donor to Tembeka Social Investment Trust.

We have not used professional fundraisers.  The costs of fundraising in the financial statements are largely for the goods and services consumed at fundraising events for which no tax receipts are issued.

As at December 31, 2009, we completed 11 years of operations.   We have prepared some statistics and commentary which review some of the highlights of those years.

Martha Deacon’s Commentary on Some 11 year Statistics

2010 Financial Statements
2009 Financial Statements
2008 Financial Statements
2007 Financial Statements


News & Events News

MicroFranchising Launch: Trade Show and Workshops, 17 - 19 October 2012
September 28, 2012
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Thank you for supporting the 6th annual Lend to End [poverty] event!
May 22, 2012
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December 2011 Update for Tetla Financial Solutions and Phakamani Foundation
February 6, 2012
Read more

   
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