ShapeShifter

How Tracey Chambers is helping unemployed moms become entrepreneurs

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

Enter your email address in the form below to receive a newsletter containing the seven most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.


Recommended

by NEWSROOM AI
Read More
How David Modlin is trying to ensure that no child (or teacher!) is left behind

How David Modlin is trying to ensure that no child (or teacher!) is left behind

The Money Show’s Bruce Whitfield interviews the founder of Learning Channel Campus, Learnthings and Modlin Education.

Meet David Gluckman and learn how he hopes to stop township fires, forever

Meet David Gluckman and learn how he hopes to stop township fires, forever

He's the co-founder of Lumkani, maker of a cheap, networked fire detector that is saving lives and winning international awards.

Claire Reid, at 16, simplified food growing with her award-winning invention

Claire Reid, at 16, simplified food growing with her award-winning invention

She barely passed science, yet her creation won global awards and enables people to easily grow food even when water is scarce.

Meet humanitarian Kevin Chaplin of the SA Ubuntu and Amy Biehl Foundations

Meet humanitarian Kevin Chaplin of the SA Ubuntu and Amy Biehl Foundations

Meet award-winning speaker Kevin Chaplin, who raised more than R8 million for various charities in the past six years.

Meet Adrian Hewlett, inspirational marketing man with a giving heart

Meet Adrian Hewlett, inspirational marketing man with a giving heart

Adrian Hewlett is the young, yet accomplished, CEO of Publicis Machine, one of SA’s leading integrated digitally focused agencies.

It’s good business to go beyond profit. Just ask these giants of SA Inc.

It’s good business to go beyond profit. Just ask these giants of SA Inc.

Mark Heywood, Bonang Mohale, Wendy Appelbaum and Ian Mann discuss the theme "Doing good business, better. Going beyond profit.”

Meet the business giants who are doing good and going beyond profit

Meet the business giants who are doing good and going beyond profit

Highlights from previously featured ShapeShifters who will take part in next week Wednesday’s (25 Nov) “ShapeShifter Unplugged”.

Meet Pepe Marais - closet rocker, humanitarian and ruler of advertising in SA

Meet Pepe Marais - closet rocker, humanitarian and ruler of advertising in SA

Bruce Whitfield interviews the founder of Joe Public, one of SA's largest ad agencies, about his career and work to fix education.

How Neil Robinson's nonprofit raked in more than R30m (and created 300+ jobs)

How Neil Robinson's nonprofit raked in more than R30m (and created 300+ jobs)

Meet Neil Robinson, the CEO of Relate Bracelets, a 100% not-for-profit social enterprise that supports more than 65 causes in SA.

Get up! Stand up! Meet Mark Heywood, co-founder of Treatment Action Campaign

Get up! Stand up! Meet Mark Heywood, co-founder of Treatment Action Campaign

Mark Heywood is the Executive Director of SECTION27, a public interest law centre promoting human rights. This is his story…

Meet Wendy Appelbaum, one of Africa’s richest and most giving daughters

Meet Wendy Appelbaum, one of Africa’s richest and most giving daughters

We interview one of Africa's richest people about her amazing life and her drive to make a difference by giving back.

Meet the noble soul who lives to serve and ease suffering

Meet the noble soul who lives to serve and ease suffering

Meet Dr Imtiaz Sooliman, Founder of Gift of the Givers, Africa's largest NGO.

Meet Yvonne Chaka Chaka; Princess of Africa, philanthropist, businesswoman…

Meet Yvonne Chaka Chaka; Princess of Africa, philanthropist, businesswoman…

How Yvonne Chaka Chaka became a superstar and how she’s doing well by doing good.

Popular articles
[LISTEN] Facebook group provides support for parents raising teens

[LISTEN] Facebook group provides support for parents raising teens

Azania Mosaka spoke to admin and media consultant of the page Vanessa Raphaely.

Time running out for Rampedi to retract 'paedophile' tweets about Jacques Pauw

Time running out for Rampedi to retract 'paedophile' tweets about Jacques Pauw

Journalist Piet Rampedi's lawyer Eric Mabuza says they will respond in due time but if the deadline lapses 'so be it'.

Cosatu members march to demand reliable, affordable rail transport

Cosatu members march to demand reliable, affordable rail transport

Federation's Western Cape leader Motlatsi Tsubane says they handed over a memorandum to Prasa, Metrorail and other stakeholders.

Dudu Myeni testifies in delinquency case, says her appointment was above board

Dudu Myeni testifies in delinquency case, says her appointment was above board

EWN reporter Edwin Ntshidi gives an update on the SAA board chairperson's case at the Pretoria High Court.

Cindy Poluta's emotional first drive to work without Alfred

Cindy Poluta's emotional first drive to work without Alfred

On her first morning drive to work after hearing the news of her friend Alfred's death, Cindy Poluta shared her memories.

Body of missing Tazne van Wyk has been found

Body of missing Tazne van Wyk has been found

Police said that the 8-year-old's body was found in a stormwater pipe outside Worcester on Wednesday night.

[WATCH] Woman stuns prankster by singing Lady Gaga's song perfectly

[WATCH] Woman stuns prankster by singing Lady Gaga's song perfectly

Khabazela shares some of the videos that went viral on Twitter and Facebook.

[VIDEO] Why is Jub Jub destroying so much alcohol?

[VIDEO] Why is Jub Jub destroying so much alcohol?

Khabazela shares some of the videos that went viral on Twitter and Facebook.

GPAA explains why it awarded fairly new Mpisane Properties a huge tender

GPAA explains why it awarded fairly new Mpisane Properties a huge tender

Acting chief financial officer Phinda Nondabula says the company met all the required specifications to get the project.

And it is back: Eskom has implements stage 2 load shedding from 9 am today

And it is back: Eskom has implements stage 2 load shedding from 9 am today

The power utility will implement power cuts from Thursday morning until 6 am on Saturday.