Here’s how the Oppenheimer fund is helping this two nail bar businesses stay open

The billionaire Oppenheimer family has made headlines recently for overseeing interest-free loans worth R638 million that were given to thousands of businesses in just 11 days. The initiative aimed to provide financial relief to struggling businesses during the COVID-19 pandemic. One of the recipients of this support is Karen Levell, who runs two nail bar businesses in Johannesburg. Even before the lockdown measures were put in place, Levell's business was facing challenges as customers were hesitant to engage in close contact services. The pandemic exacerbated these problems, putting her livelihood and the jobs of 42 women at risk. The financial assistance from the Oppenheimer fund came at a crucial time, helping Levell keep her businesses afloat and support her employees. In a recent interview with CNBC Africa, Levell shared her experience of receiving support from the Oppenheimer fund. She expressed gratitude for the lifeline it provided to her businesses and highlighted the importance of such initiatives in helping small businesses survive unprecedented challenges. The Oppenheimer family's commitment to supporting businesses in need has been widely praised, and their efforts have made a significant impact on the local business community. As the world grapples with the economic repercussions of the pandemic, initiatives like the Oppenheimer fund serve as a beacon of hope for struggling entrepreneurs. In conclusion, the generosity and foresight of the Oppenheimer family in extending financial support to small businesses have not only helped businesses survive during the pandemic but also demonstrated the power of collective action in times of crisis.