The model is designed to help township-based businesses different industries manufacturing FMCG, arts, and craft as well as services to help them grow, become sustainable and profitable. The mentorship provides business support through the access market, access funding, and capacity building. Moreki uses her experience and skills gained through formal education, corporate work, and running her businesses.
Bathabile has a proven track record of securing over 7.8 million in funding on her own without the assistance of any consulting firms.
She project-managed the set-up of all the establishments from the planning, construction, and reconciling the funds to the last cent spent.
To successfully start a business with a R1 million loan from a bank, one needs a solid business plan, a clear understanding of their target market, and a commitment to financial discipline. Bathabile Moreki, for example, used her experience and skills to project-manage the set-up of establishments, from planning and construction to managing funds, as detailed in her book, "How I Started My Business With R1 Million From The Bank".
