Youth Enterprise Revolving Fund – Giving you a head start to success

Sibonginkhosi Johnson

Agri-business

YERF Beneficiary

"Make sure you take advantage of your environment and the resources you have at your disposal because the agri-business is not for everyone but if you know exactly what you are getting into then you will find it to be a lucrative industry. "

Beneficiaries

Business type:
Feedlot

"

Business name:
SJ Unlimited
Investment

Applied:
May 2020
(Cycle 6)

Agri-business

Phumzile Nyuwane

"

Beneficiaries

"The forestry industry is said to be male dominated but that did not stop me from venturing into this industry and curving my own way to success."

YERF Beneficiary

Business type: Pine and Gum Tree Harvesting

Business name: Proud Lobhoncela Investments

Applied:
November 2019 (Cycle 4)

Thabile Nsibandze

Construction

"

Beneficiaries

"I started out just as an accountant and ended up working in the construction industry with no experience whatsoever, do not put yourself in a box in whatever you do."

YERF Beneficiary

Business type: Construction

Business name: Impero
Investments

Applied:
May 2020
(Cycle 6)

ICT

Mfanawenkhosi Sifundza

Beneficiaries

"

"I did not know what I wanted to pursue in life but found myself working in a hydraulics company and that was where my passion was born. I made sure that I start a business around something I loved and now I do not work a day in my life. "

YERF Beneficiary

Business type:
Hydraulic Service Provision

Business name: Hydro PCE pty (Ltd)

Applied: November 2019 (Cycle 4)

Thabile Nsibandze

Sibonginkhosi Johnson

Mfanawenkhosi Sifundza

Phumzile Nyuwane

Construction

ICT

Youth Enterprise Revolving Fund

Promoting youth employment and alleviate poverty among young people between the ages of 18 to 35 years old.

YERF is a business support mechanism established for youth between the ages of 18 – 35 years, aimed at contributing to the reduction of youth unemployment through the provision of business capital for qualifying individuals, associations and companies.

Our Mission

To Provide Development Finance and Support to Eswatini’s Youth, Thus Fostering Their Inclusive Economic Participation Through Innovative, Accessible, and Sustainable Entrepreneurship Development.

Our Vision

To be a Leading and Innovative Economically Empowering Financial Institution for the Youth in Eswatini.

Sibonginkhosi Johnson

Agri-business

YERF Beneficiary

"Make sure you take advantage of your environment and the resources you have at your disposal because the agri-business is not for everyone but if you know exactly what you are getting into then you will find it to be a lucrative industry. "

Beneficiaries

Business type:
Feedlot

"

Business name:
SJ Unlimited
Investment

Applied:
May 2020
(Cycle 6)

Thabile Nsibandze

Sibonginkhosi Johnson

Mfanawenkhosi Sifundza

Phumzile Nyuwane

Construction

ICT

Youth Enterprise Revolving Fund

Promoting youth employment and alleviate poverty among young people between the ages of 18 to 35 years old.

YERF is a business support mechanism established for youth between the ages of 18 – 35 years, aimed at contributing to the reduction of youth unemployment through the provision of business capital for qualifying individuals, associations and companies.

Our Mission

To Provide Development Finance and Support to Eswatini’s Youth, Thus Fostering Their Inclusive Economic Participation Through Innovative, Accessible, and Sustainable Entrepreneurship Development.

Our Vision

To be a Leading and Innovative Economically Empowering Financial Institution for the Youth in Eswatini.

Funding

Get your head start to success and apply for a business loan from youth enterprise revolving fund now!

Standard loan

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Order Finance

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MTN YERF Khula
Natsi

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YERF Webinar For Global Entrepreneurship Week

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YERF Statistics From 2018 Up-to 2022

13.2

Million Emalangeni Approved Loans

718

Number Of Jobs Created

46.22

(%) Unemployment Rate For Youth 18 - 35 Years As Of 2019

243

Number Of Financed Businesses

10

Number Of Cycles

Latest Updates

YERF Continuous Loan Opening

"Continuous Opening" It's official, we are finally open for applications. Young Entrepreneurs of Eswatini that require business finance are encouraged to take this opportunity and apply for funding. YERF is making a call for loan applications for Eswatini Youth (18-35 years).

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YERF PEPRFORMANCE RESULTS FROM 2020 TO 2022

The performance results from 2020 to 2022 evident the fact that the youth entrepreneurship is making a significant contribution in the economic development of the country. The performance shows a positive trend and steady growth in number of new business funded by YERF and number of direct jobs created by youth enterprises in the last 3 ½ years.

The emaSwati young people are now embracing entrepreneurship as a lifestyle and viable means to earning a living. Our new strategy seeks to increase economic opportunities and participation of the youth in contributing to the economic growth and development of the country. The implementation of our new strategy will realise the Fund’s Vision of Economically Empowered youth of Eswatini through running innovative and sustainable enterprises.

The youth entrepreneurship has incredible potential in addressing the unemployment challenges.

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