Siyakhula Sonke Trust
Defeating Poverty – Transforming Lives
Silwa Nendlala – Sishintshe Izimpilo
FORMED OVER
210 GROUPS
Siyakhula Sonke is an isiZulu phrase meaning “we grow together”
We teach people to grow their finances
An economic upliftment ministry of the Clerpine Circuit of the Methodist Church of Southern Africa.
A word from our Chairman
OUR VISION:
Poverty defeated, lives transformed.
GROWING COMMUNITIES
Facilitating through partnerships, business and financial skills, development, mentorship and support aligned with Godly values to the poverty stricken in the community.
EMPOWERING PEOPLE
We help to empower people to work together to achieve a sustainable living and a dignified life for all.
Savings & Credit Groups are formed and supported in Outer West Durban.
Active Groups
Over 38 million rands Saved
Over 3000 people trained
How can you help
Individuals, businesses, and organizations have the opportunity to become contributing partners with Siyakhula Sonke Trust. By becoming a partner, you will play a vital role in supporting our mission. Joining us means fostering growth, unity, and empowerment within our community. With your partnership, we can achieve a greater impact together.
FINANCIAL
DONATIONS
Funding partners
These are partners who provide funding or financial support to Siyakhula Sonke. The funding can be once-off or ongoing and be ringfenced for specific purposes or projects, or can be for general organisational use.
SKILLS
DONATIONS
Development Partners
These are organisations that provide their expertise, time or other non-financial support to SKS. They can do so on a regular basis or on specific occasions such as the training of staff or members of Savings and Credit Groups on specific skills.
YOUR TIME
DONATIONED
Angel Partners
These are individuals who wish to make a meaningful and sincere contribution to assist a person or group to embark on an economic endeavour to generate income on a sustainable basis. They either provide financial resources, advice, materials, access to markets and/or training in enterprises that our target market would wish to pursue.
SPIRITUAL
DONATIONS
Prayer Partners
These are men and women who dedicate their time to pray for the needs of SKS and its trustees and employees. They are regularly informed about the developments at SKS and are invited to key events such as the end of Year Thanksgiving.
Our Mission Statement
Siyakhula Sonke, in partnership and in alignment with Godly values facilitates and provides financial and business skills development, mentoring and support to the poverty stricken in the community so that those who are willing are empowered to achieve a sustainable living.
Our Values
ETHICAL
We will be honest and open in all our communication and activities and show complete integrity in pursuing our vision and handling our finances.
Passionate
We will be enthusiastic, committed and persevere in all we do, being living sacrifices to God’s purpose.
Accountable
We will be accountable to God, our partners, our sponsors and for our results.
Innovation and Learning
We and our partners will explore new ideas and opportunities to provide innovative training methods, programmes and/or opportunities to the community, with effective use of technology and communication.
Respectful
We will treat all with the dignity and respect they deserve.
Godly Values
“Whatever is true, noble, right, pure, lovely, admired, excellent or praiseworthy for God, we will put into practice.” (Philippians 4:8)
Our Work
DEVELOPMENT MODEL
As described in a Finmark Report (Finmark, 2018) and as partners of SaveAct, we apply the development model which has been adapted from the VSLA savings group model developed by CARE in Niger during the nineties and is now used by 14 million savers in Africa. SaveAct has since 2005 been developing and adapting the method to the South African context.
How Savings and Credit Groups are formed
Siyakhula Sonke promotes the concept to communities and those that are interested form a group of between 10 – 20 people.
Three days of training on the system covers the Savings and Credit Group (SCG) constitution, leadership and roles of leaders and conduct of members.
Savings and Credit Groups
Siyakhula-Sonke Trust has made significant strides in educating and supporting individuals in underserved communities to effectively manage their finances and secure their families’ well-being.
We take great pride in our work and are committed to continuous growth. Our aim is to empower individuals and foster financial stability in these communities.
FINANCIAL EDUCATION
The Financial Education that Siyakhula Sonke offers was developed by SaveAct and covers seven modules.
While it is mandatory that Module 1 be offered during the first 3 days of the training of each Savings and Credit Group, the rest of the modules can be offered at any stage of the first 18 months, based on the specific needs and circumstances of the members of each group.
