Business Model

The Clothing Bank is a Not for Profit Company and our business model was established around the premise that there is a significant amount of waste and excess stock to be found within the retail supply chain. With this in mind we have built strong mutually beneficial relationships with the major retailers who donate their excess stock to our cause.


The donated goods are then sold to the women in our programme for a fraction of the cost and are intended for resale in their communities. The benefits are two fold, the women are able to earn an income while they journey with us and they are encouraged to use the skills they learn in the classroom in real life business transactions.

R2.9 Million

Items worth

R162 Million

Collect

The Clothing Bank has capitalised on the significant amount of waste and excess stock found within the retail supply chain by building strong, mutually beneficial relationships with the major South African retailers who donate this stock to our cause.

CT

TCB Cape Town

2 Million

items

MR

TCB Johannesburg

500 000

items

PL

TCB Durban

150 000

items

EL

TCB East London

7 000

items

Sort

The clothing and other items are sorted into various categories, received into our system and stored in our warehouse ready for dispatch.

400 000

items worth

R6 Million

Distribute

The clothing is used as an income-generation tool for women selected to join our two-year Enterprise Development Training Programme. Approximately 30% of the clothing is also packed and dispatched in response to requests from our partner NPOs, welfare institutions and disaster relief.

Develop

1135

Unemployed mothers

Buy

375 000

items =

R25.4 Million

R38.1 Million

Profit

38.1 Million

Average Profit

R4100/m

Debt down

63%

93% of women

Save

Develop

Our two-year business and life skills training programme covers all factors concerned with running a small retail trading operation. The women are also supported in their journey towards social and financial independence through life coaching and mentoring.

Sustain

The Clothing Bank is constantly seeking solutions for our women to migrate to once their tenure with us has come to an end, with this in mind; we have developed business-in-a-box solutions through our Micro Franchise Accelerator.

The Clothing Bank