Stories
I fruitfully upskilled local communities and organizations about financial life skills in partnership with Avo Vision and Coronation: sessions including money for sho and money modules. What I perceived many participants struggle with skills to manage their finances. Mphake youth gathered during Easter holidays for upskilling in module 2 and 6. - Siphetho Msibi 20 years old said 'I wish this programme can be part of school syllabus so that we being raised knowing the basics of financial management's. How economy works session was one of my interesting part, because it given us better clarity in terms of savings and investing functions. Types of savings and investments methods where shared including how it goes about capital reserve to interest income ."
I fruitfully upskilled local communities and organizations about financial life skills in partnership with Avo Vision and Coronation: sessions including money for sho and money modules. What I perceived many participants struggle with skills to manage their finances. Mphake youth gathered during Easter holidays for upskilling in module 2 and 6. - Siphetho Msibi 20 years old said 'I wish this programme can be part of school syllabus so that we being raised knowing the basics of financial management's. How economy works session was one of my interesting part, because it given us better clarity in terms of savings and investing functions. Types of savings and investments methods where shared including how it goes about capital reserve to interest income ."
I fruitfully upskilled local communities and organizations about financial life skills in partnership with Avo Vision and Coronation: sessions including money for sho and money modules. What I perceived many participants struggle with skills to manage their finances. Mphake youth gathered during Easter holidays for upskilling in module 2 and 6. - Siphetho Msibi 20 years old said 'I wish this programme can be part of school syllabus so that we being raised knowing the basics of financial management's. How economy works session was one of my interesting part, because it given us better clarity in terms of savings and investing functions. Types of savings and investments methods where shared including how it goes about capital reserve to interest income ."
On the 22nd of March 2026 I trained the community of Eplazini in Scottburgh on Coronation's Money For Sho. They couldn't find a training venue,but one of the participants allowed us to use her garage to conduct the session. They came in numbers which surprised me since it was on Sunday. I loved the warm welcome and the high level of participation. The impact of the training was noted when they asked many questions, which shows that they are hungry for knowledge. When we were doing the different types of insurances Snegugu Dlamini (picture attached) suggested that we also need marriage insurance which can serve as a compensation incase the divorce happen and especially if one or both parties do not have any pension or retirement annuity. The participants shared different types of scams, which I always encourage to ensure that we are always vigilant and always a step ahead of the fraudsters. During the certification the excitement was amazing, they asked for individual photos as they accepted their certificates with so much pride. I'm planning to return to this community with more sessions.
During the month of March, I had the honour of conducting training sessions for Small, Medium, and Micro Enterprises (SMMEs) in Thaba Nchu and Botshabelo. The purpose of these sessions was to equip local entrepreneurs with essential financial management skills to improve the sustainability and growth of their businesses. Many small business owners in these areas are actively operating businesses but face challenges due to limited financial knowledge. A common concern expressed by participants was a lack of basic financial management skills, which has contributed to poor operational decisions and low business turnover. The BFS training aimed to improve financial literacy among SMME owners, strengthen business management practices, enhance decision-making through proper financial understanding and also emphasising the importance of accurate and consistent tracking of income and expenses. The training sessions in Thaba Nchu and Botshabelo were successful in addressing key financial management gaps among SMMEs. By equipping entrepreneurs with practical tools and knowledge, the programme contributed to strengthening local businesses and promoting long-term economic sustainability.
On the 11th of March 2026 i had a Money Fo Sho class with Cosmo City Community. It was great to see the excitement of the paricipants. they came in numbers and really participate during the session. most of them found the topics covered really an eye opening. some had many funeral insurance and some under the same underwriter so they where happy to learn that they have to look at it so they may not loose some benefits . another point that stood out is having a realistic budget as it can help them avoid debts and also help them save. overall they were looking forward to making some changes when it comes to their financies.
IMPACT STORY Coronation Financial Literacy Programme Coronation Money “fo” Sho & Coronation Money Modulars March – April 2026 | Northern Cape, Kimberley & Warrenton Financial literacy remains one of the most powerful instruments of economic empowerment available to communities across South Africa. For young people and working adults alike, an understanding of money management, saving, credit, taxation, and retirement planning can mean the difference between financial vulnerability and lasting financial dignity. In March and early April 2026, Avocado Vision, delivered the Coronation Financial Literacy Programme across three distinct communities and organisations.All sessions were facilitated by Mr Ishmael Hangula, a multilingual trainer and facilitator with deep roots in community development, financial literacy training, and community education across the Northern Cape region. Afri-Motion Youth Centre, Warrenton – 11 & 13 March 2026 Avocado Vision was invited by Afri-Motion Youth Centre — a registered NPO operating in Warrenton in the Frances Baard District Municipality — to deliver the Coronation Money “fo” Sho programme to a group of young people from the surrounding community. The following topics were covered across the two-day engagement: ● Managing My Money ● Managing Risk ● Banks and Saving ● Managing Credit SACCAWU Union, Kimberley – 20 March 2026 The South African Commercial, Catering and Allied Workers Union (SACCAWU) in Kimberley invited Avocado Vision to equip their Northern Cape Shop-Stewards with essential financial literacy skills. The same four core topics from the Money “fo” Sho curriculum were delivered, specifically contextualised for a unionised workforce audience. Roodepan Service Centre, Kimberley – 30 March to 1 April 2026 Roodepan Service Centre hosted a three-day intensive engagement for youth who are about to embark on an agricultural learnership programme and who are expected to receive funding to establish their own business ventures. Across all three engagements, the Coronation Financial Literacy Programme demonstrated a meaningful and measurable impact on participants at different life stages — from community youth navigating their first steps toward financial independence, to union shop stewards responsible for the welfare of workers, to aspiring agri-entrepreneurs preparing to manage business funds. Participants across all three sites entered the programme with varying and in many cases limited exposure to formal financial concepts. By the end of each engagement, attendees demonstrated a tangible shift in both awareness and confidence. Concepts such as budgeting, the difference between saving and investing, the mechanics of credit, and the implications of the Two-Pot retirement system were made accessible through practical, relatable examples drawn from everyday South African life. The youth at Roodepan Service Centre occupy a particularly significant position, they are on the cusp of receiving funding to start their own agricultural business ventures and will shortly begin a formal learnership programme. The six Money Modulars delivered over three days were therefore not merely informative — they were directly applicable to the financial decisions these young entrepreneurs will face in the immediate future. Understanding how to manage a budget, distinguish between saving and investment options, plan for retirement from the outset of a business career, navigate tax obligations as self-employed individuals, pass sound financial habits on to their children, and make informed decisions about major purchases will provide these learners with a competitive foundation as they enter the business world. Perhaps one of the most heartening outcomes of the programme emerged from Warrenton. Afri-Motion Youth Centre had been struggling to sustain its activities and was on the verge of closing its doors. The partnership with Avocado Vision for the delivery of the Coronation Money “fo” Sho sessions had a galvanising effect on the organisation’s leadership and officials. The engagement reinvigorated the team’s sense of purpose and commitment, motivating them to push forward, plan further activities, and continue serving the youth of their community.“The training gave us a renewed sense of hope. We had almost given up, but seeing how our youth engaged with the financial literacy content reminded us why we started this centre in the first place. We are now planning more activities and will not be closing our doors.” — Official, Afri-Motion Youth Centre, Warrenton For the SACCAWU shop stewards in Kimberley, the programme addressed a critical gap in their financial knowledge — knowledge that they can now channel into supporting the workers they represent. Shop stewards are often the first point of contact when a worker faces financial distress, overspending, or debt challenges. Equipping them with practical knowledge about budgeting, risk management, banking, and credit translates into multiplied impact, as each steward becomes an informal advocate for financial wellness within their workplace. Feedback gathered during and after the sessions consistently reflected appreciation for the practical, plain-language delivery approach adopted by Mr Hangula, who facilitated all sessions in multiple South African languages to ensure no participant was left behind. “I never understood the difference between a pension and a retirement annuity until today. Now I know exactly what questions to ask my employer and what to do with the Two-Pot system.” — Participant, Roodepan Service Centre “The budgeting module opened my eyes. I thought I was managing my money well, but I found money I didn’t even know I was wasting. I am going to start my savings plan this month.” — Participant, Roodepan Service Centre “As a shop steward, I deal with workers who are under financial pressure all the time. This training gave me the tools and the language to actually help them. I feel much more prepared.” — SACCAWU Shop Steward, Kimberley “The way the facilitator explained everything in our language made such a difference. Nothing felt too complicated. I now want to teach my children what I learned here.” — Youth Participant, Afri-Motion Youth Centre, Warrenton The Coronation Financial Literacy Programme is designed not merely as a once-off training event, but as a catalyst for lasting behavioural change. Evidence from participant engagements and follow-up conversations suggests several concrete ways in which the sessions are already making a difference: Several participants from Roodepan and Warrenton indicated they had begun or planned to begin tracking their income and expenses using the budgeting templates introduced during the sessions. The distinction between short-term saving and long-term investing motivated a number of participants to open dedicated savings accounts or reconsider dormant policies. Participants also demonstrated a stronger understanding of how credit works, the implications of defaulting, and the role of credit bureaus — critical knowledge for those about to access business funding. Youth in Roodepan, many of whom will soon be self-employed, gained introductory knowledge of how tax obligations apply to small business owners — reducing the risk of non-compliance and associated penalties. The sessions on the Two-Pot System and retirement annuities were particularly valued by SACCAWU shop stewards and Roodepan learners, many of whom had never previously engaged with retirement planning concepts. The module on teaching children about money resonated deeply, with participants expressing an intent to introduce age-appropriate financial lessons within their own households — extending the reach of the programme beyond the training room. At Afri-Motion Youth Centre, the partnership has directly contributed to the centre’s decision to continue operations and expand its programme of activities for youth in the Warrenton area. From youth on the threshold of entrepreneurship in Roodepan, to union shop stewards advocating for workers in Kimberley, to a community centre in Warrenton that has rediscovered its purpose, the programme has touched lives in tangible and lasting ways. The Coronation Money “fo” Sho and Coronation Money Modulars platforms have proven to be effective vehicles for financial empowerment, accessible, practical, and deeply relevant to the realities faced by participants across the Northern Cape. The participants are very grateful to Avocado Vision.
IMPACT STORY Hollard Money fo Sho Financial Skills Training for Business Owners. Kimberley, Northern Cape | 24 – 27 March 2026 In the bustling SMME landscape of Kimberley, Northern Cape, 54 small business owners took a bold step towards transforming not just their enterprises, but their futures. Over four intensive and engaging days in March 2026, Avocado Vision (Pty) Ltd — in close partnership with the Small Enterprise Development and Finance Agency (SEDFA) Francesbaard Office — delivered the Hollard Money fo Sho Financial Skills Training for Business Owners. This initiative brought together entrepreneurs from diverse sectors, united by a shared ambition: to build financially stronger, more sustainable businesses. The training emerged from a recognised need. Many SMME owners across Kimberley operate with drive and determination, but without the formal financial knowledge to translate that energy into long-term business success. Without understanding how to manage cash flow, access funding, plan strategically, or meet regulatory obligations, even the most motivated entrepreneur can find themselves stuck — working hard but not growing. This training was designed to change that. Under the skilled facilitation of Mr Ishmael Hangula, and made possible by the tireless coordination of Mr Mvuyo Madondo of SEDFA, participants were immersed in five powerful learning modules delivered in a practical, accessible, and culturally relevant manner. The result was not merely a training event — it was a turning point for 54 entrepreneurs who left with sharper minds, clearer plans, and renewed confidence in their ability to build better businesses. Small and medium enterprises are the backbone of South Africa’s economy, yet they face a disproportionate number of barriers to growth. Among the most persistent of these is limited access to financial knowledge and business management skills. The SMME owners who attended this training represented a cross-section of the Kimberley business community — from food vendors and informal retailers to construction subcontractors and service providers — and many shared common challenges: • Mixing personal and business finances, making it impossible to accurately measure profitability • Limited awareness of the funding landscape available to small businesses in South Africa • Operating without a formal business plan, relying on intuition rather than structured decision-making • Anxiety and confusion around compliance requirements, including business registration, tax, and UIF • Little to no knowledge of financial products specifically designed to support and grow small businesses These were not unique challenges — they are systemic barriers faced by entrepreneurs across the Northern Cape and across South Africa. But for these 54 individuals, the Hollard Money fo Sho training offered something rare and invaluable: clarity, tools, and the confidence to do things differently. The training programme was delivered across two cohorts, each spanning two full days, to allow for smaller, more intimate learning groups and a more personalised facilitation experience. The training was built around five carefully selected learning modules, each chosen for its direct relevance to the everyday challenges faced by SMME owners: • Financial Management for Small Businesses — bookkeeping basics, cash flow, separating business and personal finances • Understanding Business Funding — DFIs, government grants, microfinance, and how to become funding-ready • Planning and Goal Setting — SMART goals, business roadmaps, and translating ambition into action • Compliance and Basic Business Administration — CIPC registration, SARS obligations, UIF, and record-keeping • Understanding Financial Products Relevant to Small Businesses — business accounts, credit, insurance, and SMME investment tools. Facilitation was conducted in an interactive, practical, and participant-centred manner. Mr Ishmael Hangula drew on his extensive experience as a multilingual trainer and SMME development specialist to deliver content in a way that was accessible, engaging, and immediately applicable. Real-life examples drawn from the South African SMME context were woven throughout the sessions, and participants were encouraged to share their own experiences — creating a peer learning environment that enriched the formal curriculum. The most powerful measure of any training programme is the voice of those who experienced it. Across both cohorts, participants shared candid, heartfelt reflections on how the Hollard Money fo Sho training had shifted their thinking and renewed their commitment to building stronger businesses. The following are direct accounts from SMME owners who attended: “I never knew that mixing my personal money with my business money was the reason I could never see my profit. This training opened my eyes completely. I am going home to open a separate business account today.” — Participant — Group 1 Spaza Shop Owner, Kimberley “The funding module was a game changer for me. I always thought government funding and grants were only for big companies or people with connections. Now I know there are options for people like me and I know what documents I need. I am starting my application this week.” — Participant — Group 2 Catering Business Owner, Kimberley “I have been running my business for four years but I have never written a single plan. I was just hoping things would work out. After this training I realise that hope is not a strategy. I am writing my business plan this weekend.” — Participant — Group 1 General Dealer, Kimberley “SARS used to scare me. I would hear the word tax and just shut down. But the facilitator explained it in a way I could understand. Now I know what I need to do to be compliant and I am not afraid anymore. I will register my business and do things properly.” — Participant — Group 2 Construction Subcontractor, Kimberley “The training gave me a new lens through which to see and run my business. I came in not knowing what I did not know. I am leaving with real tools that I can use tomorrow morning.” — Participant — Group 1 Graphic Designer Owner, Kimberley “I appreciated how the facilitator used examples from businesses like mine. It was not textbook stuff — it was real. He spoke our language and made us feel that growing our businesses is possible, not just for big people.” — Participant — Group 2 Food Vendor, Kimberley “The module on financial products was something I had never thought about. I did not know there were banking products and insurance options made specifically for small businesses like mine. I will be going to the bank next week to ask about these.” — Participant — Group 1 Farming Business Owner, Kimberley “What I loved most was that this training was practical. We did not just sit and listen — we discussed, we asked questions, we shared our own experiences. I felt heard and I learned so much from the other business owners in the room too.” — Participant — Group 2 Cleaning Services Provider, Kimberley Impact in SMME development is not always immediate or easily quantifiable. But the seeds of transformation planted during the Hollard Money fo Sho training in Kimberley are visible in the commitments made, the questions asked, and the mindsets shifted across four powerful days of learning. The following outcomes were observed and reported: Immediate Commitments Made by Participants • Multiple participants committed to opening dedicated business bank accounts to separate personal and business finances • Several SMME owners pledged to begin the CIPC business registration process within 30 days of the training • A number of participants expressed intent to apply for SMME funding, with specific mention of Development Finance Institutions and government grant programmes • Participants from both cohorts committed to drafting their first formal business plan within 30 days • Multiple attendees indicated they would approach SARS to register for tax compliance following the training Mindset Shifts Observed: Beyond the practical commitments, the training produced significant shifts in how participants perceive themselves and their businesses: • From reactive to proactive: Participants moved from managing crises to anticipating and planning for them • From excluded to included: Many arrived believing that formal funding and financial products were ‘not for them’ — they left knowing otherwise • From fearful to informed: Compliance, once a source of anxiety, became a manageable and understood responsibility • From informal to formal: Multiple participants committed to formalising their businesses, recognising formalisation as a gateway to growth • From surviving to building: Participants articulated a shift from short-term survival thinking to long-term business building. Broader Community Impact: The ripple effect of financially literate SMME owners extends well beyond the individual. Fifty-four empowered business owners means fifty-four enterprises with the potential to grow, create employment, serve their communities more sustainably, and contribute to the economic development of the Northern Cape. When a business owner learns to manage their finances properly, that knowledge cascades into every corner of their operation — from how they pay their suppliers, to how they manage their staff, to how they invest in the future of their enterprise. “Financial education is not a luxury — it is the foundation upon which sustainable enterprises are built. These 54 business owners now carry that foundation with them.”
