ABRIDGED PROSPECTUS

ZEPcc Savings and Credit Co-operative Society Limited

US$50 Million ZEPcc RDC Housing Debenture Issue (Phase 1)
Coupon: 24% p.a. | Tenor: 30 Years | Denomination: US$1 | Minimum Subscription: US$1

1. Overview

Issuer: ZEPcc Savings and Credit Co-operative Society Ltd
Instrument: Fixed Rate Redeemable Debentures
Total Value: US$50,000,000
Units: 5,000,000 Debentures @ US$1 each
Coupon Rate: 24% per annum
Tenor: 30 years
Minimum Subscription: 1 debenture (US$1)
Trustee / Escrow Bank: Zimbabwe Women’s Microfinance Bank (ZWMB)
Developer: AssetFin Africa
Platform: allWomen.africa

2. Purpose of the Issue

To raise funds for the development of 5,000 residential properties under the ZEPcc RDC Housing Scheme across Zimbabwe’s 60 Rural District Councils (RDCs).

Each development will be a gated community including:

• Affordable residential housing;

• Schools, clinics, shops, and offices;

• Light industry and community centers;

• Roads, water, power, and broadband infrastructure.

Funds will be managed through an Escrow Account at ZWMB to ensure proper use, transparency, and member protection.

3. Structure of the Investment

4. Escrow and Fund Management

All member and investor contributions will be deposited into a dedicated Escrow Account at ZWMB.
Funds can only be used for:

• Land acquisition and development;

• Government and statutory fees;

• Bank and transaction charges;

• Developer payments (AssetFin Africa);

• System and project management fees (allWomen.africa CRM).

Disbursements require joint sign-off by ZWMB and ZEPcc SACCO.

5. Land and RDC Partnerships

ZWMB is engaging 60 RDCs to allocate land for cooperative housing development at concessionary rates below US$3 per square meter.
Each RDC site will form part of the ZWMB RDC Housing Programme, to be recognized as a Prescribed Asset for institutional investment.

6. Returns and Redemption

• Interest: 24% per annum, payable every 6 months.

• Redemption: After 30 years, or earlier by issuer after 15 years.

• Transferability: Debentures may be tradable on the Cooperative Debentures Exchange (CDE) once listed.

7. Investor Benefits

• Stable long-term income at 24% annual return;

• Impact investment supporting rural housing and employment;

• Escrow-protected funds managed by ZWMB;

• Potential Prescribed Asset status for institutional investors;

• Participation in cooperative housing ownership schemes.

8. Project Timeline (Phase 1)

9. Key Partners and Governance

10. Risk Summary

• Regulatory risk: Delays in approvals or prescribed asset status;

• Construction risk: Cost overruns or delays;

• Liquidity risk: Long-term nature of instrument;

• Operational risk: Payment or remittance disruptions.

ZWMB’s escrow control and oversight mitigate these risks significantly.

11. Subscription and Contacts

Subscription Period: [Insert Start Date] – [Insert Closing Date]
Minimum Subscription: US$1
Available Through: allWomen.africa / ZWMB Structured Finance Division

Contacts:

• ZEPcc SACCO Secretariat: [Insert email / phone]

• ZWMB Structured Finance Division: [Insert email / phone]

• allWomen.africa Support: support@allwomen.africa

12. Declaration

The Board of ZEPcc SACCO accepts full responsibility for the accuracy of this information and confirms that no material facts have been omitted which would make this Prospectus misleading.

Issued by:
ZEPcc Savings and Credit Co-operative Society Limited
In Partnership with Zimbabwe Women’s Microfinance Bank (ZWMB)
Phase 1: ZEPcc RDC Housing Scheme – 5,000 Homes | US$50 Million Debenture Issue

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