PeoPle who benefit: Creating value for our Customers

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PEOPLEWHOBENEFIT:CREATINGVALuEFOROuRCuSTOMERSCONTINUED

PEOPLE WHO BENEFIT: CREATING VALUE FOR CUSTOMERS

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MS SOPHY NKOSI, MONSTERLUS, MPUDULLE

ELIASMOTSWALEDILOCALMuNICIPALITy LIMPOPOPROVINCEMsSophyNkosiisemployedinthepublicsectorasanursewhoseearningsfallintheincomebracketofR6000toR9800permonth.Sheliveswithherson.Theyhaveaccesstoelectricity,useapittoiletsystemandusedtoaccesswaterfromariver.Theborrowersaidtheareahadbeenexperiencingwateraccesschallengesforalongtime.Thisiswhysheappliedforaloantoinstallaboreholeonherproperty.ShetookoutaloanofR14000injune2016fromaRHLFintermediarylender,MakokoFinance.Theborrowerusedtheloanandhersavingstodrillaboreholeandpurchaseastoragetank(asshowninthepicture).ThishascostherapproximatelyR22000.Theborrowersaidshewashappytobeabletoaccesswateronherpropertyinsteadofhavingtocollectfromtheriver.MsNkosihasexpressedhersatisfactionwiththeservicesreceivedfromMakokoFinance.Shesaidsheintendedaccessinganotherloan to renovate the house.

EMFuLENILOCALMuNICIPALITy GAuTENGPROVINCEMrsSibongileSibanyoniisamotheroffourchildren,allofwhomlivewithher.Oneofthechildrenisstillatschool.TheSibanyonihouseholdliveinahouseacquiredfromthegovernmentbefore1994.Theyhaveaccesstoelectricity,runningtapwaterandaflushtoilet.MrsSibanyoniisself-employed.Sherentsoutthebackroomsonherproperty,whichgeneratesanincomeofbetweenR2500andR3500permonth.Sheisalsoapensionerwhoreceivesasocialgrant.MrsSibanyonibelongstoasavingsclub,theThusanangBasadiClub,whichaccessesfundsfromtheRuralHousingLoanFundandonlylendstoitsmembers.SheborrowedR40000fromtheclubinMarch2017todoextensionstoherpre-1994housebecausesheneededmorespaceinthehousefortheprivacyofthefivemembersofherfamily.Theborrowerusedtheloan,withhersavings,tobuildextensionsandpaythelocalbuildershehiredtobuildthehouse.MrsSibanyonisaidsheintendedtakinganotherloanforroofingmaterialaftershehasrepaidthefirstloan.Seeingherhouseextensionprojectcompletedwillmakeherhappy,shesaid.

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MRS SIBONGILE SIBANYONI, EVATON 2

PEOPLEWHOBENEFIT:CREATINGVALuEFOROuRCuSTOMERSCONTINUED

PeoPle who benefit: Creating value for our Customers

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RAMOTSHEREMOILAMuNICIPALITyNORTHWESTPROVINCEMrPaulandMrsKediboneRakomanearehusbandandwifewhohavethreechildren,twoofwhomarestillatschool.TheRakomanehouseholdhasaccesstoelectricity,useapittoiletsystemandharvestwater.Thecouplearebothrecipientsofsocialgrantsastheyarepensioners.Theyreceiveadisabilitygrantforoneoftheirchildren.TheborrowerstookloansofR5039andR3140inSeptember2017fromKaboFinancialEnterprises,ablackwoman-ownedstart-upcompanyfundedbyRHLF.Thecoupleusedtheloanstoextendtheirexistinghouse.Theypurchasedawaterstoragetanktoimprovetheiraccesstowater,andmaterialstoinstallnewdoorsinthehouse.Theborrowersusedtheservicesofalocalbuildertodotheextensions.

RAMOTSHEREMOILAMuNICIPALITyNORTHWESTPROVINCEMrsBashibiduLekabaisawidowerandthemotheroffourchildrenwhohavelefthome.Sheliveswithherfourgrandchildren,whoareallstillschoolgoing.TheLekabahouseholdhasaccesstoelectricity,runningtapwaterandapittoiletsystem.MrsLekabaisapensionerandreceivesasocialgrantbetweenR1500–R2499permonth.ShetookaloanofR5393inAugust2017fromaRHLFintermediarylender,KaboFinancialEnterprise.Theborrowerusedtheloantorenovateherexistinghouse.Shereplacedtheroof,whichshesaidwasinpoorcondition,builtaverandahandextended the house. The borrower said her daughters were helping her financiallytocompletetherenovationsonthehouse.

MRS BASHIBIDU LEKABA, DRIEFONTEIN5

MR AND MRS RAKOMANE, DRIEFONTEIN4

RuSTENBuRGLOCALMuNICIPALITyNORTHWESTPROVINCEMrMosesShimaneMooketsiliveswithhismotherandthreesiblingsinaRDPhouse,belongingtohismother.Theyhaveaccesstoelectricity,runningtapwateranduseapittoiletsystem.Theborrowerworksintheprivatesector,intheminingindustry,andhismonthlyincomeismorethanR15000permonth.HetookaloanofR30000inMarch2017fromaRHLFintermediary,ThuthukaniHousingFinance.Heusedtheloanandhissavingstoextendhismother’sRDPhouseintoan11-roomedhouse.MrMooketsiisusingalocalbuildertobuildtheextensions.TheborrowerisveryhappywiththeservicehereceivedfromThuthukaniHousingandsaidhewouldtakeanotherloantocompletethehouse.

MR MOSES SHIMANE MOOKETSI,PHATSIMA3

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NKONKOBELOCALMuNICIPALITy EASTERNCAPEPROVINCEMrMichaelMakupulaismarriedandthefatheroftwochildren,bothstillattendingschool.Thefamilyoffoursharethehouse.TheMakapulahouseholdhasaccesstoelectricity,runningtapwaterinsidethehouseandanotheroutsidethepropertyavailabletothepublic.Theyuseapittoiletsystem.MrMakupulaisa49yearoldman,employedintheprivatesectorinQueenstown,wherehestayswhenonduty.HegoeshomewhenheisoffworkandhisincomeisbetweenR6001toR9800permonth.HetookaloanofR23000inDecember2017fromaRHLFintermediarylender,ThuthukaniHousingFinance,throughabuildingmaterialstore,KhayaBuildHardware,tobuildanewhouse(arondavelasshowninthepicture).TheborrowersaidhereceivedacashamountofR4000forlabourandtheremainingR19000waspaiddirecttothemerchant,whereheaccessedthebuildingmaterial.MrMakupulamentionedhewasveryhappywiththeassistancereceivedfromThuthukaniHousing,becausenowtherewasadequatespace,givinghisfamilytheprivacytheyrequire.

MR MICHAEL MHLANGABEzI MAKUPULA,GWARU LOCATION, MIDDLEDRIFT6

SAKHISIzWEMuNICIPALITyEASTERNCAPEPROVINCEMsMbaliAkhonaisamotheroftwochildrenwhohavecompletedtheirsecondaryschooling.MsAkhonaisemployedintheprivatesectorandlivesinGauteng,wheresheearnsintheincomebracketofR9800andR15000permonth.ShetookaloanofR10000inDecember2017fromThuthukaniHousingFinance.Theborrowerusedtheloantobuildextensionstoherparents’house,andreplacedtheroofwhichwasleaking.Herparents,wholiveinBarracks,haveaccesstoelectricity,runningtapwaterinsidethehouseandoutsidetheproperty.Thisisaccessibletothepublic.Theyuseapittoiletsystem.MsAkhona’ssisterassistedherbypayingforthelabourservicesofalocalbuilder.Shesaidherparents’housewassmallintermsofspace,butthiswassolvedbytheadditionoftworoomstothehouse.Thefamilyisoverjoyedthattheroofisnolongerleaking.

MISS MBALI AKHONA,CALA, BARRACKS7