About Us

Who we are

The Small Enterprise Finance Agency (SOC) Limited (sefa) provides financial products and services to qualifying SMMEs and cooperatives, as defined in the National Small Business Act of 1996 and amended in 2004, through a hybrid of wholesale and direct lending channels within the following sectors:

  • Services (including retail and wholesale trades and tourism)
  • Manufacturing (including agro-processing)
  • Agriculture (specifically land reform beneficiaries and contract-farming activities)
  • Construction (small construction contractors)
  • Mining (specifically small scale miners)
  • Green industries (renewable energy, waste and recycling management)

sefa is an implementing agency of the Department of Small Business Development. The agency is a wholly-owned subsidiary of the Industrial Development Corporation Limited (IDC) and was founded on 1 April 2012 – in terms of Section 3 (d) of the Industrial Development Corporation Act, No. 22 of 1940 (IDC Act) – following a Cabinet decision and the 2011 State of the Nation Address to merge three agencies (Khula, the South African Micro-Finance Apex Fund and the IDC’s small business funding unit) into a single entity.

sefa has a national presence, with its head office located in Centurion, Gauteng. It operates as a development finance institution (DFI) to foster the establishment, development and growth of SMMEs and cooperatives, and to contribute towards poverty alleviation, job creation and economic growth.