1. SOUTH AFRICA ISIVANDE TAKE-UP Bongi (the dti) Tania (IPA)
Varsha (the dti)

2. ISIVANDE LOAN FOR WOMEN
The ISIVANDE loan product has been designed for women owned businesses that have been operating for more than a year. Features of the loan are:
R to R1 million
Prime less 5%
Repayment over 5 years
No collateral required
The lSIVANDE loan project is funded by the dti.
The IDC, which is an agency of the dti has been mandated to operate this loan product.

3. Why is there low up-take of targeted loans for women owned businesses?
EVALUATION QUESTIONS
Why is there low up-take of targeted loans for women owned businesses?

4. EVALUATION QUESTIONS
Complex application forms?
Language barriers?
Cumbersome application process?
Marketing medium?
Perception to Loans?

5. EVALUATION DESIGN
Focus group analysis to provide information on why up-take of targeted loans is low.
Information from focus groups will be used to design 2 interventions which the impact evaluation will test.

6. SAMPLING AND DATA
National Small Business Survey for South Africa (2010)
Sample to be drawn of women owned entrepreneurs that are eligible for the loan
Based on the interventions designed, the sample will be randomly divided into 3 groups

7. OUTCOMES TO BE MEASURED
How to measure
When
Take -up
IDC loan office records
12-18 months after the intervention
Formality (Graduation)
CIPRO Information
11-17 months after the intervention
Growth
No of employees
Turnover
Sales and Expansion
Interviews
months after the intervention 7

8. TIMELINE FOR IMPACT EVALUATION
Business Survey Results- March 2010
Identifying eligible firms-April 2010
Focus Groups-April to June 2010
Intervention design –July 2010
Randomisations –August 2010
Implement intervention-August 2010-January 2011
Follow up data- January 2012

9. IMPACT EVALUATION TEAM: STAFFING
Gender unit in the dti
Impact Assessment unit in the dti
Marketing division in the dti

10. To be determined based on intervention and sample size
BUDGET
To be determined based on intervention and sample size

11. SIYABONGA