Why Thokozile Chose a Capfin Loan for Her Side Hustle

In Khayelitsha, Cape Town, Thokozile Atoli works late into the night, balancing her full-time job with a growing tailoring side-business. As a single mother of two, she’s not only providing for her family but also building something bigger. Thokozile is more than just a loan. Her story isn't just about getting a loan, it's about stitching together a better future, one seam at a time.

With the support of a personal loan from Capfin, Thokozile turned her skills into a successful side hustle, improving her family's future and making an impact on her community through her passion for tailoring.

Originally from the Eastern Cape, Thokozile moved to Cape Town for better opportunities. While working full-time, she never lost sight of her passion for tailoring, a skill she had professionally studied in Gqeberha.

When her one of her son’s received a call from a sports academy in Johannesburg, Thokozile faced a moment whereshe recalls, “The call came at an unexpected time. But I was so proud of him. I had to make it happen. As a mother, you want the best for your children."

Thokozile's decision to choose Capfin was an easy one. When she saw an opportunity to expand her tailoring side hustle and better support her family, she needed a loan that was both accessible and reliable. After receiving an SMS from Capfin, she decided to give it a try. Within two days, the funds were in her account, allowing her to grow her side hustle and give her son the chance to pursue his passions. “I applied for a Capfin loan via SMS. In two days, I got the money, and my boy was on his way to live his dream in Joburg!” Thokozile recalls. As a mother, she wanted nothing more than to provide the best opportunities for her children, and with Capfin, she found a way to make that happen.

The impact of Thokozile's Capfin loan extended far beyond her initial plans. She purchased a professional sewing machine with the funding, transforming her side hustle into a valuable community service as well "I sew and mend clothes. Now I can put food on the table," she explains. "I love seeing the joy on my clients' faces, even if it means ending my day at midnight."

Capfin loans can and have helped side business owners like Thokozile succeed. By offering a simplified loan application process with quick pre-approval in minutes, Capfin makes starting or expanding a side hustle achievable. For Thokozile, the loan wasn't just about purchasing equipment. It was about believing in herself and her potential to contribute to her family's future.

For someone with a full-time job and family responsibilities, Thokozile needed a financial solution that fit into her lifestyle and budget. Capfin's repayment terms helped give her the flexibility to pay off the loan at a pace that fit her budget, allowing her to continue growing her skills and supporting her sons.

Thokozile's ambitions continue to grow. "The end goal is to make this my main hustle," she reveals. Her plans include acquiring more advanced machinery and registering her company officially. She envisions a professional space with proper shelving and organisation, a goal that started with a single Capfin loan.

Her advice to other entrepreneurs looking to fund their side hustle? "Believe in your potential and take the first step." When Thokozile needed assistance with her application, she found support at Ackermans, where staff patiently guided her through the steps. This experience highlighted Capfin's commitment to providing multiple ways to apply for a loan , whether online or in-store.

Balancing a full-time job, a side hustle, and raising two children is no easy feat. Thokozile's days often stretch late into the night, her sewing machine whirring while her boys help tidy up or bring her a cup of tea. For Thokozile, it’s all about time management and dedication. Her weekends are are dedicated solely to her side-business.

Like any side business owner, she also developed smart financial habits to succeed. The Capfin loan helped her secure the necessary resources without impacting her savings. With affordable repayment loan term options, she could budget effectively, ensuring her side hustle could succeed

Thokozile’s approach to managing the Capfin loan areas of success:

1.    Smart investment: She invested in quality equipment that would serve her side-business long-term. 

2. Time management: She carefully balances her full-time job with her growing side hustle and family responsibilities.

3.     Community focus: She built a loyal customer base by providing reliable service to her community.

4.     Sustainable growth: She maintains affordable loan repayments while expanding her side hustle

Thokozile's story reflects the impact of smart financial decisions. With the help of a Capfin loan, she’s been able to support her children, grow her skills, and strengthen her role in the community. Her son is thriving at the sports academy, and she continues to provide valuable services to those around her.

For anyone considering a Capfin loan, here are some lessons from Thokozile’s experience:

At Capfin, we believe you're more just a loan, showcase the power of taking chances and the importance of accessible funding. With a Capfin loan, Thokozile could grow her side hustle, provide for her family, and become an inspiration in her community.

With loans of up to R50 000 and repayment terms of six, 12, or 24 months, our simple application process means you can access funding quickly and easily. Ready to take your side hustle to the next level? Start your journey today by applying for a Capfin loan online at www.capfin.co.za, via SMS to 33005, or by visiting any PEP or Ackermans store.