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Meet Soweto’s budding property mogul whose portfolio has contracts cash flow - but no bank finance

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A common trait among successful entrepreneurs is their good fortune in having started early. Few, however, kicked off as five year olds the age at which Nthabiseng Sejake began helping in her mother’s spaza shop and tavern. Sejake honed used skills acquired as a preteen to develop B Evolusion, a fastgrowing ‘backroom’ renting business in Soweto. She was identified by informal economy guru GG Alcock as epitomising this much misunderstood R20bn area which succeeds despite being starved of capital by SA’s formal banking sector. In this interview with Alec Hogg of BizNews, the budding property mogul shares her story and dreams and how, in four years, she has built a portfolio with dozens of quality apartments on three sites in Soweto. An inspirational story of a woman for whom the sky is surely the limit once scales lift from the collective eyes of SA’s financial institutions.

posted by Evolticy