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The Small Enterprise Finance Agency (Sefa), a result of a merger between Khula, the SA Micro Finance Apex Fund (Samaf) and the IDC's small business lending portfolio, will be a wholly-owned agency of the IDC. While they might appear to be the forerunners of an emergent rural capitalism in a predominantly subsistence-based rural economy, they remain very much embedded in indigenous social relations and economic practices.

Pages: 27

Publisher: Sam Enrico (December 28, 2015)


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