The two members of Takavimbika received $400 from the community grant program to boost their cross-boarder trading business. They travel to neighboring South Africa, Botswana, and Zambia to import goods for resale in Zimbabwe. The group has paid back the $400 seed money in full.
Two widowed women who were separately running cross-border trading businesses combined forces to form Takavimbika. They received $400 in December 2011 as a capital injection for their combined business of importing goods from neighboring countries—South Africa, Botswana, and Zambia—for resale in village communities in Zimbabwe.
Reenergized with the additional capital for their business, the women have been busy travelling back and forth selling their merchandise. Because of low overhead costs, the women sell their goods at lower prices than shops in big towns and therefore can quickly turnover their inventory, allowing them to make several buying trips per year.
The goods they sell include clothes, blankets, kitchen utensils, cell phones, and radios. Both women credit the success of their business to increased operating capital, past experience, and the support and encouragement they provide to each other. With hard work and good business sense, these two women see their lives and the lives of their families improving.
According to the women, the main challenge to their trade business is that sometimes their customers are slow to pay for the goods, especially toward the rainy season as most people need to buy seed and fertilizers for the fields. Despite the challenge, the women continue to operate their business. They paid back the $400 in December 2012 and the money was recycled to fund new projects.