As a Socio-Economic Development (SED) programme, FLAME aims to provide business (entrepreneurship) training and support to micro-enterprise owners to improve their capacity to start, manage and grow their businesses and thereby generate sustainable income and employment that enables them to participate in the broader economy.
Click here to access our FLAME brochure with further details.
Beneficiaries align to the Financial Sector Code (FS Code) requirements:
The second iteration of the FLAME programme has 4 phases and spans over a 24-month (two years) period.
Phase 0: Advocacy and application: creates awareness of the programme within targeted communities and allows for participant application and selection
Phase 1: Induction and introductory training: Successful participants are onboarded and attend a series of workshops over a two-month period. Content covered include:
Phase 2: Training and support: After a further selection process, participants were accepted into this 9 month Incubation phase which involves the transfer of knowledge and skill in four learning areas:
Phase 3: Virtual growth support: A 12-month phase which is centred around building and developing confidence and self-reliance that will enable participants to independently undertake actions or tasks to improve and enhance their financial well-being and business performance (economic participation).
The programme rolled out in 2019 across three provinces; Western Cape (Philippi), Eastern Cape (KWT) and Gauteng (Diepsloot), with all regions in 2020, currently delivering phase 2.
The ASISA Foundation’s FLAME programme empowers beneficiaries in low-income areas by transferring financial literacy knowledge and skills, coupled with basic entrepreneurship and business development skills to foster financial capability and enable greater economic participation.