"WDBIH is a private enterprise formed in 1996 with an overarching
purpose of making a difference in the lives of rural women and
communities. The main beneficiary and shareholder in WDBIH is the WDB
Trust. The WDB Trust focuses on the social and economic upliftment of
rural women and households, principally by providing micro-enterprise
credit and business skills training to aspiring female entrepreneurs.
The WDB Trust and the micro-finance programme was established in 1991.
Our key investment objectives are to:
- Make equity investments in established and growing businesses
- Build a sizeable capital base for our constituency
- Generate regular cash flows for the WDB Trust
- Have meaningful operational and strategic influence in our investments
- Achieve sustainable returns in our investments
- Establish long term partnerships and relationships
- Drive sustainable transformation within our investments with regards to women representation in executive roles, employment equity, skills development and procurement from small businesses
Investment Mandate
WDBIH’s mandate is to grow its portfolio of investments as well as
generate sufficient cash flow in order repatriate dividends through to
the WDB Trust to fund its programmes. WDBIH has equity investments in
key sectors in South Africa including industrials, life insurance,
banks, oil and gas, real estate, media and basic resources. WDBIH’s
mandate is to further diversify and grow its portfolio by investing in
key strategic sectors in SA.
WDBIH adds strategic value in its investments through board
representation, facilitating women empowerment and skills transfer,
working with our corporate partners in their enterprise development
initiatives.
Investment Criteria
- Targeted sectors: Food and Agriculture, Residential and Commercial Property, Media & Telecoms and Technology, Education, Renewable Energy/Utilities, Healthcare and Pharmaceuticals, Retail, FMCG and Diversified Industries.
- Target equity returns: WDBIH seeks to make equity investments in growth businesses that generate cash, and seek market and sector related IRR’s.
- Investment horizon: We maintain long term investment horizons, taking a longer strategic view of our investments, through various cycles, without the pressure of an exit.
- Investee company profile: We invest in businesses with growth, strong cash generative ability and healthy dividend flow.
- Efficient use of capital: We seek to maximize our capital return by reducing our cost of capital, through a combination of debt (including vendor and third party funding) and own equity.
- Investment level: we seek to hold all our investments at holding company or group level...."
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