HISTORICAL BACKGROUND

Zimbabwe is an agro based economy. As a developing country, its comparative advantage is in

Agriculture, given its favorable climatic conditions. With the exponential increase in urban
population, communal farming is bound to decrease, making way for commercial farming
through increased demand for agricultural commodities.

In the light of indigenization, preceded by the fast track land reform, there is a gap in farming
equipment. With agriculture being a cyclic business, it is a good idea to hire equipment to use in
this critical business.

Mining is also a capital intensive business yet indigenization has made it accessible to ordinary
people who do not necessarily have a good starting point, hence the idea by our cooperative to
hire out farming and mining equipment to close this gap. This is a lucrative business as is shown
by this proposal.

Zimbabwe is among the major gold producers in the world. The country is believed to have very
large reserves yet is unable to mine to its full capacity.
MANAGEMENT COMMITTEE
CO-OPERATIVE REGISRATION REQUIREMENTS

NB; A MINIMUM OF TEN MEMBERS ARE REQUIRED TO FORM A CO-

OPERATIVE SOCIETY.

1. By-Laws (are provided by the Co-operative Division in all sectors of the economy )

2. Membership list

Co- Name in full Address I.D NO D.O.B Se Education Level

operati x
ve No.
1 XOLILE 2135 NEW 19- 16/12/19 F BSCED
MPOFU MAGWEGWE 023518L1 79 DEGREE IN
9 COMPUTER
SCIENCE
2 NONDUMIS 1484 08- 15/09/19 F BCOM HON
O GUMBO EMAKHANDENI 859523Q 87 IN
58 MARKETING
MANAGEMEN
T
3 SAMANTH 120 NKETA 6 08- 08/03/19 F BSC HON IN
A NCUBE 863079F8 88 FINE ART
4
4 THENJIWE 19 HARWICH 08- 02/09/19 F DIP IN
SIBANDA ROAD 816625M 87 EDUCATION
MATSHEMHLOP 15
HE
5 LUBELIHLE 3 WOTTON 08- 12/07/19 F CERT IN
MLOYI CRESENT 741605T1 81 PITMAN
,MONTROSE 9 SECRETARIA
L
6 HAWA 30570/7 08- 19/10/19 F O LEVEL
MHLANGA ENTUMBANE 888466A 92
58
7 MEMORY B18 NJUBE 08- 19/05/19 F BCOM IN
NCUBE 841127V 88 MARKETING
21 MANAGEMEN
T
8 SIBUSISIWE 72725 08- 17/01/19 F ND HRM
 DANISA LOBENGULA 910241T5 91
WEST 8
9 NOMALAN PLOT 445 MONT 08- 04/12/19 F DIP IN
GA GOMERY 820219T3 87 HORTICULTU
MHLANGA 9 RE
10 NOBUKHOS 838 OLD 08- 07/06/19 F BCOM
I DANISA LUVEVE 894160P5 94 ACCOUNTING
8 AND
FINANCE
11 SAMUKELI 455 56- 23/05/19 F O LEVEL
SO EMAKHANDENI 033807I5 70
NDLOVU 6

3. Management Committee List

Co-operative No Name in Full Address ID No Position

1 XOLILE MPOFU 2135 NEW 19-023518L19 CHAIRPERSON
MAGWEGWE
2 NONDUMISO 1484 08-859523Q58 SECRETARY
GUMBO EMAKHANDEN
I
3 SAMANTHA 120 NKETA 6 08-863079F84 TREASURER
NCUBE

4. Undertaking Statement by Management Committee

We the undersigned have agreed to abide by the Co-operative Societies Act 24:05, by
laws and internal regulations.

Co-operative Name in full Address I.D NO signature

No.
1 XOLILE MPOFU 2135 NEW 19-023518L19
MAGWEGWE
2 NONDUMISO 1484 08-859523Q58
GUMBO EMAKHANDE
NI
3 SAMANTHA 120 NKETA 6 08-863079F84
NCUBE
4 THENJIWE 19 HARWICH 08-
SIBANDA ROAD 816625M15
MATSHEMHL
OPHE
 5 LUBELIHLE 3 WOTTON 08-741605T19
MLOYI CRESENT
,MONTROSE
6 HAWA 30570/7 08-888466A58
MHLANGA ENTUMBANE
7 MEMORY B18 NJUBE 08-841127V21
NCUBE
8 SIBUSISIWE 72725 08-910241T58
DANISA LOBENGULA
WEST
9 NOMALANGA PLOT 445 08-820219T39
MHLANGA MONT
GOMERY
10 NOBUKHOSI 838 OLD 08-894160P58
DANISA LUVEVE
11 SAMUKELISO 455 56-033807I56
NDLOVU EMAKHANDE
NI

Supervisory Committee List

Co-operative Name Address ID No Position

1 NOMALANGA PLOT 445 MONT 08- chairperson
MHLANGA GOMERY 820219T39
THENJIWE 19 HARWICH 08- Secretary
SIBANDA ROAD 816625M15
MATSHEMHLOPH
E
LUBELIHLE 3 WOTTON 08- Treasurer
MLOYI CRESENT 741605T19
,MONTROSE

Application for Registration of Co-operative Society

The Registrar of Co-operatives Societies
P Bag 77 40
Causeway

We the undersigned wish to form a Co-operative Society to be known as W.I.F.A.M.E.R.

Society Limited. For the purpose of creating employment women empowerment .Plot 445
Mont gomery is our postal and physical address
 We hereby apply for Registration of the Co-operative Society in terms of Section 17 of the
Co-operatives Societies Act, Chapter 24:05 and attach copies of the proposed by-laws for
your approval and registration.

Co-operative Name in full Address I.D NO signature

No.
1 XOLILE MPOFU 2135 NEW 19-023518L19
MAGWEGWE
2 NONDUMISO 1484 08-859523Q58
GUMBO EMAKHANDE
NI
3 SAMANTHA 120 NKETA 6 08-863079F84
NCUBE
4 THENJIWE 19 HARWICH 08-
SIBANDA ROAD 816625M15
MATSHEMHL
OPHE
5 LUBELIHLE 3 WOTTON 08-741605T19
MLOYI CRESENT
,MONTROSE
6 HAWA 30570/7 08-888466A58
MHLANGA ENTUMBANE
7 MEMORY B18 NJUBE 08-841127V21
NCUBE
8 SIBUSISIWE 72725 08-910241T58
DANISA LOBENGULA
 WEST
9 NOMALANGA PLOT 445 08-820219T39
MHLANGA MONT
GOMERY
10 NOBUKHOSI 838 OLD 08-894160P58
DANISA LUVEVE
11 SAMUKELISO 455 56-033807I56
NDLOVU EMAKHANDE
NI

5. Technical Advisory Committee

Name Address ID No Qualifications

SAMUKELISO NDLOVU 455 56-033807I56
EMAKHANDENI

6. Shareholding List

Co- Name in full Address I.D NO No. of Total Receipt

operative shares value no:
No.
1 XOLILE 2135 NEW 19- 1 20 001
MPOFU MAGWEGWE 023518L19
2 NONDUMISO 1484 08- 1 20 002
GUMBO EMAKHANDENI 859523Q58
3 SAMANTHA 120 NKETA 6 08- 1 20 003
NCUBE 863079F84
4 THENJIWE 19 HARWICH 08- 1 20 004
SIBANDA ROAD 816625M15
MATSHEMHLOPHE
5 LUBELIHLE 3 WOTTON 08- 1 20 005
 MLOYI CRESENT 741605T19
,MONTROSE
6 HAWA 30570/7 08- 1 20 006
MHLANGA ENTUMBANE 888466A58
7 MEMORY B18 NJUBE 08- 1 20 007
NCUBE 841127V21
8 SIBUSISIWE 72725 LOBENGULA 08- 1 20 008
DANISA WEST 910241T58
9 NOMALANG PLOT 445 MONT 08- 1 20 009
A MHLANGA GOMERY 820219T39
10 NOBUKHOSI 838 OLD LUVEVE 08- 1 20 0010
DANISA 894160P58
11 SAMUKELISO 455 56- 1 20 0011
NDLOVU EMAKHANDENI 033807I56

7. Details of Book Keeper

Co-operative number Name I.D Number Address Educational

level + C.V
10 NOBUKHOSI 08-894160P58 838 OLD
DANISA LUVEVE

We the undersigned have agreed to abide by the Co - operative Societies Act Chapter 24:05, by
laws and internal regulations.

Co –operative number Name Address Signature

8. Education committee.
9. Loans committee.
NB: Details are like supervisory in management committees.

JUSTIFICATION

As has been highlighted in the executive summary, there is unutilized capacity in the mining
industry. With the drive to fully exploit our reserves, a lucrative market for machinery in
Zimbabwe is available. Providing of machinery to these people levels the ground and makes
them competitive worldwide.

Bulawayo alone, is surrounded by farms and mines to its East, West, North and South and all this
is mainly new commercial farmers who do not as yet own necessary machinery.

The company’s main objective is to penetrate the whole of the Zimbabwean market and beyond.
This will be done to empower women in the sense of the directors of the company and also the
ones employed by the company.

In a country where Brahmans dominate the market, the company intends to concentrate on the
production of the Boran and Simmental which is a niche market in terms of its farming business
unit.

The business unit that deals with machinery hire is one that has hardly been ventured into
professionally locally. There are individuals who own things like tractors who just hire them out
when they are not using the tractors themselves. Our well thought out business will be
competitive in that there will be many incentives for our prospective clients when they deal with
us and there will be competitive rates along with many different types of machinery offering a
complete solution under one roof.

The cooperative intends to setup an office in the Bulawayo central business district and to
operate a virtual office that makes use of mobile and internet platforms.

FUTURE PLANS

The proposed company will take advantage of the rise in production through farming and
mining. Apart from the equipment hire business unit, the members of this cooperative are
involved in cattle fattening to fund their small business needs.

Machinery for hire will include tractors, combined harvesters, irrigation equipment, refining
dishes, detectors and compressors.

Farming produce will be cattle, specifically the Boran and Simmental

The cooperative intends to make use of aggressive marketing techniques that make use of social
media in order to keep up with competition. Also, fairs and agricultural shows will be taken very
seriously.

The cooperative is made up of educated and resourceful directors. Represented are professional
accountant, secretary, marketers, computer scientists and farmers. There are among us as well
educators that will make our workshops very effective. The cooperative is also made up of
members of high integrity and moral standing. This cooperative gives them the opportunity to
make use of their knowledge while uplifting their lives and those of their families while edifying
their nation through employment creation.

For now, the lack of a source of financial capital is a weakness that the directors hope to solve
through obtaining funding.

The agricultural sector and the mining sector are a fast growing area that the government intends
to grow further. This is an opportunity that the company intends to make full use of. Great strides
are being made in the economic stabilization agenda and this will have a positive bearing on our
cooperative. Zimbabwe also has opportunities to access European markets now that Zimbabwe is
open for business and sanctions are moments away from being withdrawn.

Increase in technological innovation is a threat to our machinery hire business

in that we fear redundancy in our machinery in a few decades but still hope to have gotten the
best out of the business by then.