Mutualism was founded to appease the many social and economic issues that have become so prevalent in South Africa due to the recent atrocities of Apartheid. Unfortunately, the repercussions of Apartheid are very much prevalent today; South Africa has deeply rooted issues with wealth disparity, cyclical poverty, and an unequal financing system.
Mutualism is a socially-minded financing firm designed to support township based entrepreneurs and small businesses with the goal of enhancing sustainable, locally owned businesses.
Unfortunately very little funding is provided for businesses within townships, especially funding to entrepreneurs from that area. In the rare scenario, a township entrepreneur or business owner is able to access funding, they are expected to repay unrealistically high rates, with terms often leading to losing valuables like housing assuming default.
Our team works collaboratively to ensure that our business partners are successful. We combine a variety of experience and expertise in business strategy, finance, marketing, and relationship-building to push our partners forward.