Women’s Revolving Fund Initiative: Providing beyond financial support

“Omama! Okuhle Siyazenzela!” is a powerful chant used by the Bulawayo Vendors and Traders Association (BVTA) Women’s Council members meaning “Women are the source of their own success.” This group of women was brought together as part of BVTA’s efforts to tackle the sense of inability experienced by most marginalised groups particularly women informal economy workers, in accordance with its second strategic objective aimed at advancing the ideals of social justice and contribute towards the creation of social and economic systems. At the end of a very productive and supported 2024, the BVTA Women’s Council celebrated their efforts towards the BVTA initiated revolving fund initiative, as a group. Designed to provide financial support to women in the community, the initiative fosters self-investment into small businesses, educational opportunities, and other ventures that enhance their economic independence and wellbeing. The BVTA women’s council members put together their resources towards uplifting each other financially and growing their businesses. Support from BVTA within this initiative includes administrative direction, linking and learning initiatives as well as provision of other social support activities that ensure they are able to perform in their day-to-day businesses. Among key activities is mental health support and gender-based violence awareness, through BVTA partners. The women’s council meets bi-monthly, supporting each other through financial support given to one member within each group of 5 members. The women also put together funds towards an annual event held at the end of the year aimed at bringing about key lessons, milestone achievements and planning for future prospects as a team. With this in mind, the women continue to thrive to grow in their various businesses, whilst tackling various upcoming trends and shifts in the business arena. BVTA continues to walk their journey towards a better tomorrow and further developing of their various businesses with them.

Women’s Revolving Fund Initiative: Providing beyond financial support

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