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Why sorted?
Posted by Sunesh Bhoola on 29 September 2026, 16:40 SAST
South Africa has roughly 1.9 million informal micro-enterprises. Stats SA's SESE 2023 survey found that 72% keep no books. They trade in cash, they leave no record, and because they leave no record they cannot prove anything about themselves - not to a bank, not to a supplier, not to the state. A spaza owner who has traded profitably for years is, on paper, indistinguishable from someone who opened last week.
That is not a credit problem. It is an evidence problem, and it is where financial inclusion stalls.
