Ray White interviewed Tracey Chambers (co-founder and CEO of The Clothing Bank, a social enterprise that helps unemployed moms start their own businesses) on The Money Show for the weekly “ShapeShifter” feature.
Tracey Chambers is the former Woolworths Head of Financial Planning and Performance.
The Clothing Bank gives women access to discounted merchandise and 500 hours of training in money management and business skills.
The business skills were not enough. We discovered that many of the women lacked confidence.— Tracey Chambers, co-founder and CEO of The Clothing Bank
The Clothing Bank’s motto is: ‘Don’t give a woman a fish. Teach a woman to fish and teach her how to sell her fish.'— Tracey Chambers, co-founder and CEO of The Clothing Bank
Scroll down for quotes from the audio below.
54% of mothers with children under two are unemployed.— Tracey Chambers, co-founder and CEO of The Clothing Bank
We get over 100 000 garments from retailers who donate to us.— Tracey Chambers, co-founder and CEO of The Clothing Bank
You can’t learn business in a classroom.— Tracey Chambers, co-founder and CEO of The Clothing Bank
We teach them to be great capitalists; to extract as much money as they can.— Tracey Chambers, co-founder and CEO of The Clothing Bank
We have so much product, we don’t always know what to do with it!— Tracey Chambers, co-founder and CEO of The Clothing Bank
Our name is limiting! We get everything you can buy in a retail store.— Tracey Chambers, co-founder and CEO of The Clothing Bank
We currently have about 700 women in our program.— Tracey Chambers, co-founder and CEO of The Clothing Bank
We have a single mother with seven children. Before she joined she couldn’t feed them. Now her two oldest daughters are enrolled in technicon!— Tracey Chambers, co-founder and CEO of The Clothing Bank
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews the founder of Learning Channel Campus, Learnthings and Modlin Education.
He's the co-founder of Lumkani, maker of a cheap, networked fire detector that is saving lives and winning international awards.
She barely passed science, yet her creation won global awards and enables people to easily grow food even when water is scarce.
Meet award-winning speaker Kevin Chaplin, who raised more than R8 million for various charities in the past six years.
Adrian Hewlett is the young, yet accomplished, CEO of Publicis Machine, one of SA’s leading integrated digitally focused agencies.
Mark Heywood, Bonang Mohale, Wendy Appelbaum and Ian Mann discuss the theme "Doing good business, better. Going beyond profit.”
Highlights from previously featured ShapeShifters who will take part in next week Wednesday’s (25 Nov) “ShapeShifter Unplugged”.
Bruce Whitfield interviews the founder of Joe Public, one of SA's largest ad agencies, about his career and work to fix education.
Meet Neil Robinson, the CEO of Relate Bracelets, a 100% not-for-profit social enterprise that supports more than 65 causes in SA.
Mark Heywood is the Executive Director of SECTION27, a public interest law centre promoting human rights. This is his story…
We interview one of Africa's richest people about her amazing life and her drive to make a difference by giving back.
Meet Dr Imtiaz Sooliman, Founder of Gift of the Givers, Africa's largest NGO.
How Yvonne Chaka Chaka became a superstar and how she’s doing well by doing good.
Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)
Bruce Whitfield interviews Francois Janse van Rensburg, author of “Making Money through Buy-To-Let in South Africa".
The Money Show’s Bruce Whitfield interviews Galileo Capital Financial Advisor Warren Ingram.
Following a spate of farm murders in the Cape, the policing expert says there aren't enough stats available on farm killings.
Pan Africanist Congress's Narius Moloto explains why it supports the name Azania, a word which he says has Arabic origins.
Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Elon Musk, as you’d expect, hails from an exceptional family. Bruce Whitfield interviews his Capetonian father.