Boobs
Now that I’ve got your attention, I’ve got something to say.
I’m all for empowerment. In fact, I believe every Zimbabwean, ‘youth’ or otherwise, should have the means and opportunity to better themselves. But not this way.
I’m not a farmer. I don’t know the first thing about farming, and I’m sure if I tried my hand at growing anything other than pot plants (get it?) I’d fail miserably. I don’t want a farm.
I’m not a miner. What would I do with a mining claim? In fact, what the hell would I do with shares in a mining company, anyway? Just because it’s foreign-owned means they have to be stripped of their shares just so some apparatchiks can set up a fake trust (in lieu of the existing, community-run one) and continue enriching themselves?
I come from Mhondoro, but I don’t want any Ngezi platinum interests.
The only way to empower me is to give me a loan facility, or provide backing for commercial bank loans, and let me do my thing. As a ‘youth’ you know I don’t have any damn collateral, and if you wanna empower me, either you collect the funds and disburse them yourselves, or you back me when I go to the bank.
Lend me the money at reasonable terms, and I’ll use MY skills and start my OWN locally-owned company to compete regionally and internationally. I don’t want you to buy/extort/grab a share of someone else’s business. Help me start mine.
That’s true empowerment. Give me the means to do my thing, and I will make my own significant contribution to the economy. Otherwise, you’re wasting your time.
Show me the money.
sense – it must be the jogging.
u could have chucked in a pic of pert boobs for our efforts. even a small little gif …
… though I’m not yet jogging nearly enough.
As for boobs … I’m sure you can find lots of them on the Wider Web, LOL.
You should check out the Kurera-Ukondla Fund at CABS. You can get up to $5000 at 10% for up to 36 months. You need a valid business plan to apply but no collateral… and you need to be between 18 and 35.
Thanks, I will. Stanbic also have something going on I hear, up to $20k.
The best Kind of capital to invest in your business/idea that is heavily underrated but will not cost you a dime is called “sweat equity”. Its second cousin, bootstrapping is helpful. Quite dangerous to get a bank loan early in business never mind its near impossible not just in Zim but anywhere in the world.
loan repayments + interest = devil-talk, if you looking to start a business.
wow at 10% you might as well s
ell your soul. Maybe hunting down a venture capitalist though you need to keep them in check before they take over your business 🙁
this is why africa is projected to roughly have same if not less gdp in 10years, those with money would rather use it on cars,small houses and other nonsense instead of future business and entrepreneurs. Our m&a activity is bordering on non existant and dont even get me started on brain drain and export of national resources. They are all boobs!
hw long doez it tek 2 get ths kurera fund?
Guys the fact is, without capital, you’re screwed. What you’re willing to DO for that capital, well … that’s where we are all different.
I’m willing to take a long-term loan, myself. Who from? Dunno. Depends on the rates. We’ll see.
I’ll check with CABS.
who haz got ths fund?
CABS and Stanbic
The fact that you cannot name one company on the Fortune 500 that started off with a bank loan, should not only be a signal on critical success factor but a sure warning.
The fact that you can’t name how each of the current Fortune 500 was initially funded should be a signal to me that you’re making up junk stats as you go along!
Sweat equity of course