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Contact Us Contact Ithala

Physical Address Physical Address
17 Isilo Drive, Umlazi
4066
Physical Address Postal Address
P.O. Box 2801
Durban
4000
Telephone Number Telephone Number
031 907 8911
Fax Number Fax Number
031 907 5685
Email Address Email us

 
 
 
 
Co-Operative Finance

Requirements to start up a Co-operative

  • All members of the Co-op are to attend a compulsory pre-establishment session with the department of Economic Development’s District Co-ordinators 
  • Subject to the approval of the business idea by the District Co-ordinators, members are then referred to an FET college for training on Co-operative and business management skills
  • The Co-operative members are then required to complete a business plan and have the it approved by their mentors at the FET colleges.
  • Once the business plan is approved, the FET College forward the business plan to Ithala for financial analysis.
  • Once the business plan is accepted as financially viable to Ithala, the Co-operative is funded, subject to the terms and conditions of Ithala.

 
 
 
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