Lucille Januarie charges ahead

Zimele to the rescue

Lucille Januarie.jpg

Funding from Anglo American’s enterprise development arm, Zimele has empowered a female owner of an electric motor repair business to make a real difference to the Springbok community in the Northern Cape.

Earlier this year, Lucille Januarie, founder of Gencharges Rewinders CC, secured a R470 000 loan from Zimele which covered machinery costs and provided working capital for a five year contract with a local mine.

Gencharges Rewinders’ target market encompasses the whole Springbok community, including municipalities and surrounding communities in the Northern Cape. The company, which was founded in 2003, provides a range of services including industrial site work, fault finding, motor rewinds and repairs, pump refurbishment and spares, machinery repairs and maintenance. 

Januarie says that Zimele’s support has proved crucial to her business ambitions.

“As a woman, it is always challenging to start a technical business, as many people do not take you seriously and are reluctant to offer financial assistance. 

“Therefore, words fail to express my sincere gratitude to Anglo American for believing in me when no one else did. Through Zimele, the business has flourished and we’re now in a position to assist the community on a social level by donating uniforms, stationary and school fees to a couple of primary schools in the area. As Gencharges Rewinders, we have been able to fulfill our social and business objectives.”

Besides financial assistance, Januarie notes that Zimele has also offered business advice, which has proved crucial in the establishment of long-term business relationships for Gencharges Rewinders. As a result, she adds, the company is well on its way to becoming an established and respected business in South Africa.

 Januarie notes that the company has built up a good reputation over the years, by working according to high standards, and ensuring that it maintains large quantities of specialist products.

Acting managing director of Zimele, Dr Lia Vangelatos, concludes that Gencharges Rewinders’ progress is a prime example of the positive results that Zimele is producing.

“Zimele has encountered substantial success in generating sustainable job creation and socio-economic development in communities, by simply empowering entrepreneurs to operate in the mainstream economy.

“The success of Gencharges Rewinders bears testimony to this assertion. Through provision of financial assistance and mentorship to Lucille and her team, we have not only furthered the business development of a talented female entrepreneur, but strengthened the economic vibrancy and prospects of the Springbok community.” 

For over 22 years, Zimele’s unique approach to enterprise development has realised great rewards. From 2008 to 15 December 2011, its four funds provided R567 million in funding, supported 1,085 companies, and completed 1,481 loan transactions. Furthermore, funded businesses have employed 19,575 people, and achieved a collective annual turnover of R2,4 billion. 

Lucille Januarie.jpg
comments powered by Disqus

RW1
R1
R1
R1

This edition

Issue 73
Current


Archive


BBQ_Magazine_SA The link between learning agility and team performance https://t.co/l7fYDeh2HC https://t.co/VMd38agKoi 2 months - reply - retweet - favorite

BBQ_Magazine_SA The Big Time Strategic Group BBQ Awards will be hosted at Emperors Palace, on the 20 October 2017. Read moreā€¦ https://t.co/oCSEzHnxQW 3 months - reply - retweet - favorite

BBQ_Magazine_SA Opportunities ripe for female entrepreneurs to shatter glass ceiling https://t.co/TkziEkG2Za https://t.co/WNas3E16k3 3 months - reply - retweet - favorite

  • Mxolisi G Waka Ndlovu
  • Solomon Selowa
  • Khumbulani Mathaba
  • Moyo Tadmire