Self Employment Assistance
What is self employment?
Self employment refers to a situation where an individual works on his
own account, or with one or a few partners or in co-operatives; they hold the type of jobs defined as self-employment (i.e. jobs where the remuneration is directly dependent upon the profits derived from the goods and services produced).
Self-employed workers include three subcategories; employers; own account workers; and member of producer co-operatives.
Which organisations can assist?
There are several, for instance the Self Employed Women’s’ Association of Zimbabwe (SEWAZ). It is an organisation promoting womens’ empowerment, self-help and business development. The organisation is primarily active in Zimbabwe and headquartered in Harare.
Contact address: SEWAZ 6TH Floor, Nelson Mandela/Angwa Street, Harare
Another organisation is Credit Against Poverty (CAP). The organisation is based in Masvingo and operates a revolving loan fund which it gives to women and youth to start income-generating projects.
What are the loan terms?
The women will have one year to pay back the loan. To date, CAP has experienced a repayment rate of 90%.
How many beneficiaries have been assisted to date?
Since CAP began operating in 1996, it has provided loans to over 7000
poor families in Zimbabwe.
Find out more about Being Your Own Boss.