Inyamazane Funding Scheme

Inyamazane Funding Scheme


The Inyamazane Funding Scheme offers South African military veterans an opportunity to enter the mainstream economy by accessing credit facilities ranging from R50 000 to a maximum of R15-million to build qualifying entrepreneurial enterprises.

The fund was established to address high levels of poverty and unemployment among the veteran community, and to assist them in accessing fundamental social and economic rights.

Who can apply?

Small and medium-sized enterprises, including close corporations and companies, and cooperatives with at least 50+ 1% ownership by entrepreneurs with verified military veteran status are eligible to apply for Inyamazane funding.

  • Military veterans will be confirmed via the Department of Military Veterans database

  • Only applicable to small and medium-sized businesses

  • Existing businesses seeking to expand is the preferred funding candidates, but start-ups with merit may also be supported

  • Financing applications must have economic merit (financially sustainable and technically feasible)

Benefits to military veteran entrepreneurs

  • The scheme offers military veterans credit facilities ranging from R50 000 up to R15-million

  • Preferential fixed interest rate of 9% per annum

  • Repayment terms for facilities up to 60 months. The actual loan duration will be subject to the projected cash flows of the business

  • Normal sefa loan administration fees will apply

Additional customised benefits

The scheme also offers the following non-financial support:

  • Pre-approval assistance (if required)
    • Targeted assistance to bring the application to a bankable stage, including mentoring, technical assistance, sourcing and negotiating with suitable suppliers

Post-approval assistance (for a maximum amount of up to R350 000)

To be used for in-depth mentoring and coaching, as well as any other business support required up to two years


The following businesses fall outside the scope of enterprises that sefa funds:

  • Labour brokers

  • Manufacturers or sellers of ammunition

  • Tobacco, liquor, gambling or sex trade businesses

  • Non-profit organisations

  • Political organisations

  • Persons under debt review

  • Unrehabilitated insolvent shareholders and/or directors of applying entities

  • Primary agriculture (except cash crops, and the applicant must have an offtake agreement in place)

  • Property development

How to apply?

Visit and follow the steps.

Apply now

Inyamazane Funding Scheme brochure (767.387 KB)