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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Stories - Lydia Mkhonto
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Salon OwnerIn a small room at the end of a long building in town, Lydia invites us into her hairdressing studio, which she calls her “saloon”. In the corner her new hair-dryer stands tall and proud. On a table she displays hair products, extensions and accessories for both men and women under a sign that outlines the prices for her services.

If you want to make an appointment your name will not be entered into a book, but a call on Lydia’s cell phone will do the trick.

Within walking distance of Lydia’s “saloon” is a two room shack where she lives with her husband and two children. Right now as a result of her second loan from Phakamani Foundation, which is supported by The Townships Pro-ject, she’s been saving and making bricks for the house that she and her hus-band are planning to build.

With her first loan Lydia was able to stock up her business with products which has set her up for success.

$1.00 = approx. 7 Rand

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News & Events News

December 2011 Update for Tetla Financial Solutions and Phakamani Foundation
February 6, 2012
Read more

November 2011 Update for Tetla Financial Solutions and Phakamani Foundation
February 6, 2012
Read more

October 2011 Update for Tetla Financial Solutions and Phakamani Foundation
February 6, 2012
Read more

   
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