Bulls n Bears Entrepreneurship Zone 21 October 2020: Zim Entrepreneur Bags Regional Nomination

[Bulls n Bears]

Entrepreneurship Zone: 21 October 2020: Zimbabwe Entrepreneur Bags Regional
Nomination

 

Tormented by a difficult childhood and a polygamous father who wanted to
marry her off, Ethel Mupambwa did not let her predicament deter her pursuit
for happiness, instead she decided to run away from home at the age of 16,
and 19 years later, she is about to become Africa's next biggest success
story.

Today she stands amongst the finalists of the Africa Netpreneur Prize
Initiative (ANPI) top 10 heroes- a regional entrepreneurship program that
identifies, spotlights and support African entrepreneur heroes creating
impact in their communities and building a more inclusive economies for the
future.

The program is a brainchild of Chinese billionaire, Jack Ma, the founder of
global e-commerce giant, Alibaba.

 

Mupambwa who is now the co-founder and Chief Executive Officer of MoneyMart,
a microfinance firm with branches in Harare, Mutare, Bindura and Mhondoro
has finally seen her efforts in supporting women in the low income bracket
get regional recognition.

 

"Armed with nothing but determination I started MoneyMart Finance five years
ago," she told 263Chat Business.

 

"I used to go the markets every day and talk to the women and ask them their
challenges in business and how could I help them overcome those challenges.
The women spoke and I listened. I then tailor- made the loans to cater for
them and to date I and my team have served over 5000 clients and distributed
over 1200 solar home systems," she added.

 

Mupambwa is driven by the impact her company has had on the lives of
ordinary rural women in pursuit of decent livelihoods especially when
considering that access to capital is a major stumbling block for emerging
businesses.

 

She has also helped many of these businesses formalize their operations in
an economy where informality is ranked second in the world, after Bolivia.

But now, Mupambwa is focused on stepping into the top three finalists and is
setting up a campaign to mop up support on social media under the
#empowerthezimbowoman #ABH2020Challenge on Twitter.

 

The winner of the program will be unveiled in November.-263Chat.

 



Zimbabwean entrepreneur Ethel Mupambwa

 

Invest Wisely!

 

Bulls n Bears 

 

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Skype:         Bulls.Bears 



 

 

 

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