Inspiration: 21 year Old Mazvita runs her own Microfinance company called Cathway Microfinance

Mazvita Nyamakura

Mazvita Nyamakura (21) wants to play a significant role in the economic and financial transformation of the Zimbabwean economy by allowing access to funds to those who have previously been marginalised. 

She has recently launched her finance solution, Cathway Microfinance Institution, to specifically address the needs of low-income Zimbabweans.

“A lot of people cannot access funds to aid them in their day-to-day operations,” explains Nyamakura. “With this in mind, Cathway was formed in order to promote self-sustainability among Zimbabweans through economic transformation.”

Nyamakura, who is pursuing an accounting degree at Africa University, says her business currently faces a number of challenges, including the current political and economic sanctions placed on Zimbabwe that have limited access to potential foreign investors.

She has also faced discrimination as a young business woman and found the regulatory environment to be a major challenge. However, she is not ready to give up and aims to see her business grow across Zimbabwe and beyond.

“All these are problems which can be dealt with over time, and as I acquire more knowledge in business as a young businesswoman.”

Source: Anzisha Prize Online