Short Story

TRIPLE SHINE

Triple Shine, founded & run by Sharon Rapetswa, is a micro franchising company that offers a means of employment for women and youth in rural Limpopo. She provides cleaning material; along with all marketing collateral at R3000. Now due to the situation of most of these ladies and youths, they do not have the R3000 upfront. They go into a payment arrangement with Triple Shine.

She has funded 7 of these franchises from the proceeds she has made from her growing Branding business, but this leaves them in a precarious cash position. This is where you come in.

You can buy a piece of a micro-franchise for a rural youth or woman from as little as R100 (a full one costs R3000 ) and you will earn R6,60 per month for the next 24 months.

How It Works
  1. You contribute R100 (or a multiple of it, maximum is R60000 for 20 micro-franchises) to this asset crowdfunding campaign.
  2. At the end of the crowdfunding campaign you become part owner of the micro-franchise which will be run by the rural women & youth Triple shine identifies & trains.
  3. For the next 24 months, you will earn R6,60 per month, per R100 you contribute to a micro-franchise.
  4. this will be paid out quarterly to you
  5. The entire payment process will be managed by The People’s Fund and Audited by SnB Chartered Accountants & Auditors ( Practice Number 966205)
  6. The People’s Fund will take 10% of the proceeds (or R0,66 per month) to administer this.
  7. You own the micro-franchise for two years and then it is passed onto the delegated person who had been running it.
Expected Returns

NB!! First & foremost, we need to declare that this does not constitute financial advise in anyway and that we have made our projections based on historical yields. Buying assets that will be run by a small business is risky and you should only commit money you are willing to lose.

Contribution / Asset Purchase Returns
Quartely Yearly % Total (2years) %
R100 R20 R80 30% R160 60%
R1 000 R200 R800 30% R1 600 60%
R3 000 R600 R2 400 30% R4 800 60%
R30 000 R6 000 R24 000 30% R48 000 60%

The expected return for this project is R4800 per microfranchise. Which means an annual return of 30%.

Put in the rand amount for the amount you would like to buy (Please ensure it is a multiple of R100).

Own a Triple Shine Micro-Franchise

by Madam-Shaz Rapetswa

  • R120,000.00

    Funding Goal
  • -R53,500.00

    Funds Raised
  • 0

    Days to go
  • Target Date

    Campaign End Method
Raised Percent :
0%
This campaign has been invalid or not started yet.
, South Africa

Madam-Shaz Rapetswa

1 Campaigns | 0 Loved campaigns

See full bio

Campaign Story

Name Donate Amount Date
-R1,000.00 August 29, 2018
-R500.00 August 29, 2018
-R100.00 August 29, 2018
-R3,000.00 August 15, 2018
-R3,000.00 August 15, 2018
-R1,000.00 August 15, 2018
-R2,000.00 August 15, 2018
-R200.00 August 15, 2018
-R100.00 August 15, 2018
-R100.00 August 15, 2018
-R1,000.00 August 15, 2018
-R2,000.00 August 10, 2018
-R29,700.00 August 10, 2018
-R17,500.00 August 10, 2018
-R15,000.00 August 10, 2018
-R21,000.00 August 10, 2018
Emma Morobe R200.00 April 25, 2018
Tracy CRICHTON R1,000.00 April 24, 2018
Sibonelo Mbongwe R1,500.00 April 16, 2018
Nonkululeko Lukhele R200.00 April 08, 2018
Brownsense Stokvel R52,500.00 April 05, 2018
Verah Malele R6,050.00 March 23, 2018
Julian Mangaba R3,000.00 March 05, 2018
Andisiwe Manzana R100.00 March 05, 2018
Mothusi Kamanga R100.00 March 02, 2018
Refilwe Phage R200.00 February 21, 2018
Nompumelelo Khumalo R3,000.00 February 06, 2018
Brownsense Stokvel R84,500.00 February 05, 2018