Khula SME Fund

Khula SME Fund


Vital Stats

  • Company name: Khula Enterprise Finance
  • Contact telephone number: +27 (0)11 807 8464
  • Physical address: 7 Mellis Road, Rivonia, 2128
  • Website address:

Company Profile

Khula Enterprise Finance Ltd is dedicated to the development and sustainability of small business enterprises in South Africa.  A leader in its field, it has a proud history of more than 13 years service of involvement in the rapidly growing and economically vital, small and medium enterprise (SME) sector.

The company is a wholesale finance institution which operates across the public and private sectors, through a network of channels to supply much-needed funding to small business.

Khula’s channels include South Africa’s leading commercial banks, retail financial institutions, specialist funds and joint ventures in which Khula itself is a participant.  Its primary aim is to bridge the “funding gap” in the SME market not addressed by commercial financial institutions.

Fund Overview

Khula SME Fund was established to provide early-stage and expansion capital to SMEs.

Purpose of the fund

  • Provide early-stage debt funding to qualifying SMEs (majority-owned by South Africans)
  • Reach out to SMEs in rural and peri-urban areas of South Africa
  • Promotes black economic empowerment
  • Improves access to finance
  • Create new jobs
  • Encourage meaningful economic participation of black South Africans
  • Foster entrepreneurship for both men and women in the SME sector.

Applicant criteria

  • South African SMEs (preferably black) who hold majority stake in their businesses who seek to start and or grow their businesses.
  • South African SMEs who hold majority stake in their businesses situated in rural areas.

Are you looking for Government funding opportunities? Read our guide here.

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