The first phase of the ASISA Foundation Financial Literacy and Micro-Enterprise (FLAME 2.0) Programme, launched in Philippi near Cape Town in July, has been completed successfully.
Philippi was chosen for the rollout of the first phase and a partnership was established with the PEDI Urban Agriculture AgriHub, which focuses on the development of small urban farmers in the township of Philippi. The first FLAME 2.0 participants were selected from their network of Agri-entrepreneurs.
Out of the 20 farmers selected, 17 completed the first phase and will now move on to the second phase of the programme. Phase 1 focused on facilitating the development of personal and business financial literacy skills, personal entrepreneurial skills, as well as key elements of business development skills. The second phase of the FLAME Programme will focus on the expansion of these skills at a much deeper level over the next 22 months.
Also, during August the selection process for phase 1 of FLAME 2.0 started in Diepsloot, Gauteng, and the greater King Williams Town area in the Eastern Cape.
The FLAME Programme empowers micro–enterprise owners to sustainably develop and grow their businesses with confidence, create employment and contribute to the local and national economy through an accredited business development methodology, using financial literacy as a core development tool.
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