Bizani successfully establishes business with Hand in Hand aid
Bizani Moyo is a 43-year-old man who lives in Makwe village in Ward 20 Gwanda. The married father of four, 3 boys and a girl, joined Hand in Hand Zimbabwe (HiH) in September 2016 under the auspices of Thokozani SHG – a group made up of 10 females and three males.
In January 2017, Mr Moyo was chosen to lead the group and has been instrumental in ensuring that members put aside $40 per month, which is then stored in a savings fund. Under the Internal Savings and Lending Scheme (ISAL), group members can loan each other money at an interest of 25%.
Before joining HIH, Mr Moyo earned a living as a sole trader. He had a small business stall outside Makwe business centre, where he sold a variety of goods, including food. After being trained on Opportunity Identification and Enterprise Planning, Mr Moyo then realised that there were several business opportunities in his community.
Makwe area has numerous small and medium scale gold mines. He saw an opportunity to meet clothing and food demands for the ever-busy miners, who are not keen to venture out to the nearby town to buy clothes and food stuffs. He took it upon himself to travel to South Africa to purchase clothing items for resale to miners in his area.
Mr Moyo used profits from his buying and selling enterprise to religiously contribute towards group savings. In December 2017, Thokozani group decided to share their profits and savings.
The budding entrepreneur received USD$2 700 as his savings share plus ISAL profits, which he used to purchase a tractor with a trailer in February 2018. Using his newly acquired assets, Mr Moyo did not waste time as he immediately established a new transport service to cater for miners in his community. The transport business, where he carries gold ore from the mine pits to the stamp mill at a $40 per load, is flourishing.
On average, he carries three loads per day and makes an average of $2 000 per month form his transportation enterprise. In June 2018, Mr Moyo used part of his profits to purchase an electrical generator and a water pump. He hires out the water pump and generator to miners who wish to drain water out of their mines for $400 a month.
Ever since his new business venture as a mining service provider, Moyo and his family live happily. He pointed out that all his children are in school. One is at primary school while three are in secondary school. All his children’s school fees are fully paid up and he even affords to pay for their children’s educational school trips. Furthermore, Mr Moyo has extended his home stead. During the time of visit, he had just completed building a stone wall around his homestead. It is clear that Hand in Hand Zimbabwe has positively changed the life of Moyo and his family.
Although business is going well for him, Mr Moyo said he is not spurred by various challenges affecting the country’s economy.
He noted that cash shortages that the country is facing are also affecting his operations as mobile money payments affect his ability to order spare parts for his assets in neighbouring South Africa as they are not readily available locally.
Recent fuel shortages and the ban of fuel containers by some fuel stations has greatly affected his business as he needs to carry diesel and petrol for his tractor and generator in fuel containers. As a result, he at times goes for days without working because of fuel shortages and he is now forced to purchase fuel in South Africa though that increases his expenses.
Moyo pointed out that he plans to purchase a mine compressor so that he can also hire it out to miners.
He is also planning to diversify into cattle pen fattening as a way of increasing revenue streams, spreading risks and hedge himself against inflation, cash and fuel shortages. Moyo is really grateful to Hand in Hand for the trainings and support as he points out that they opened his eyes to unlimited possibilities.
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