1. Portfolio report January 2014

2. SUMMARY LOAN BOOK NYDA Loan Book MicrofinanceSME UYFNYDAUYFNYDA Total Value of loans approved R 55 165 028.00 R 37 700 077.90 R 193 551 256.00 R 31 405 417.00 Total Value of loans disbursed R 55 165 028.00 R 37 700 077.90 R 179 372 361.52 R 36 903 897.21 *Collected R 35 689 023.97 R 23 444 397.27 R 162 126 912.60 R 7 938 671.42 Loans disbursed to partners Marang Loan C R - 0 R 260 046.46 SACCOL R - 0 R 695 597.25 Value with interest R 30 546 539.43 R 33 151 563.56123651450.424014163.47 Amount Owed R 30 546 539.43 R 33 151 563.56 R 123 651 450.37 R 24 969 807.18 Total R 212 319 360.54

3. PAR Loan Book - Snap Shot - PAR - December 2013 DescriptionMICROFINANCESME Loan Book as at May 2013R 62 289 515.89 R 147 665 613.84 No. of Loans Outstanding2 345 118 Portfolio @ Risk in valueR 58 782 581.96 R 138 955 846.48 PAR %94.87% 94% No. of Loans @ Risk2 275 102 Balance of Loans Handed over (30,60,90 days) as @ 30 June 2013R 10 420 673.60 R 127810773.7 Handed Over - PAR16% 87% No. of Loans Hand over164 86 % of No. of Loans Handed over7% 73% Balance of Loans (Days) 30 Days60 Days90 Days + 30 Days60 Days90 Days + Portfolio @ Risk in value R 116 891.70R 479 807.96R 58 386 938.30 R 8 725 595.25R 3 428 751.36 R 126 801 499.87 Days - PAR % 0.19%0.77%93.91%5.91%2.32%86.00% No. of Loans on 30 Days 8212 246113 88 % of No. of Loans in 30 Days 0%1%95.78%11.00%3.00%86.00% UYFNYDA UYFNYDA Balance of loans issuedR 30 546 539.43R 31 627 201.89R 123 651 450.37 R 24 014 163.47 No of loans1 41293384 34 P@RR 30 536 467.42R 28 447 170.54R 123 602 474.07 R 15 353 372.41 No of loans at Risk1 40487182 20 % loans at Risk100%89.95%97.62%59% % of UYF/Loan book49%46%84%10% No payments in the past 6 months R 55 385 239.60 R 121 400 517.71 no. of loans 2 144 84 % at Risk/Loan book 89% R 82.00

4. LITIGATION SUMMARY LITIGATION REPORT - DEC 2013 ClientsSMEMicrofinance Total loans handed over for collections91 R 126 086 853.00169 R 10 420 673.60 Section 129 letters R -12 R 693 712.32 Summons 69 R 4 853 466.91 Liquidations8 R 31 939 075.03 R - Judgements51 R 84 761 354.0738 R 2 394 520.29 Approved settlement offers4 R 586 760.300 R - Payment Arrangements0 10 R 531 039.32 Proposed settlement offers11 R 18 285 896.300 R - Emolument Attachment Orders1 R 251 863.510 R - Application: Declare Immovable property executable5 R 3 868 695.99 R - Exhausted legal process: no prospects of collection5 R 3 259 718.30 R - Untraceable clients9 R 25 124 044.2517 R 1 253 236.87 Inquiry into client's finances7 R 9 022 227.31 R - Legal action on hold (payments instalments in progress 5 R 80 913.17

5. PROGRESS TO DATE Developing collection prioritization and debt collection strategies to minimize the impact of loan default In a process of procuring the services of debt collectors from database to scale up the collection process to clients who have already defaulted Improving collections management systems Negotiate settlement offers Flexible in loan re-scheduling or rehabilitation in case of Jeopardy Situation Providing business development support services such as mentorship, guidance or coaching, and where possible link business to market opportunities to be able to increase their sales Recommend write-offs where there is justification