The Johane Masowe Chishanu Apostolic Church (JMCAC) is issuing 2 million Co-op Debentures at a nominal value of US$1 each. These offer a 12% annual coupon over a 5-year maturity.
Proceeds will fund a poultry off-take scheme for JMCAC women, transitioning household rearing into a structured supply chain. CDE, the designated off-taker, will purchase and process chickens for resale to restaurants and fast-food chains. This initiative provides stable incomes, minimizes informal trading risks, and fosters a cooperative economy, while simultaneously creating jobs in logistics, processing, and distribution for youth and women.
Investors receive fixed annual interest and, at maturity, may redeem their capital or convert holdings into equity in the poultry enterprise, directly linking their returns to sustainable agribusiness growth.
The Johane Masowe Chishanu Apostolic Church (JMCAC) is issuing 2 million Co-op Debentures at a nominal value of US$1 each. These offer a 12% annual coupon over a 5-year maturity.
Proceeds will fund a poultry off-take scheme for JMCAC women, transitioning household rearing into a structured supply chain. CDE, the designated off-taker, will purchase and process chickens for resale to restaurants and fast-food chains. This initiative provides stable incomes, minimizes informal trading risks, and fosters a cooperative economy, while simultaneously creating jobs in logistics, processing, and distribution for youth and women.
Investors receive fixed annual interest and, at maturity, may redeem their capital or convert holdings into equity in the poultry enterprise, directly linking their returns to sustainable agribusiness growth.