The Catering Services Cooperative of Zimbabwe is a legally registered cooperative established to strengthen the catering and food services industry across the country. It brings together chefs, caterers, kitchen operators, and food service entrepreneurs to collectively provide, manage, and market catering services for events, institutions, and the general public. The cooperative supports its members through training, access to professional equipment, and shared infrastructure, while also focusing on service quality, job creation, and brand development.

Purpose of the Debenture Issue
This debenture issue seeks to raise US$500,000 to support the Cooperative’s strategic growth plan. The funds will be used to expand shared catering facilities, acquire modern catering equipment for members, establish regional food preparation and dispatch centres, and finance branding and digital marketing initiatives. The aim is to increase both service capacity and the income of cooperative members by positioning Zimbabwean catering services competitively in both local and regional markets.

Terms of the Debenture
Each debenture is issued at US$1, with a minimum subscription of US$100. The debentures have a three-year term and carry an annual interest rate of 10%, payable quarterly. The principal amount will be repaid in full at the end of the term. These are secured debentures, backed by the Cooperative’s physical assets and catering service contracts. Debentures are transferable subject to the Cooperative’s approval and terms outlined in the subscription agreement.

Use of Proceeds
Funds raised will be allocated to the expansion of catering capacity, procurement of professional-grade equipment for member use, establishment of regional food preparation centres, and development of a digital platform for online bookings and branding. A portion of the proceeds will also be used for administrative support and working capital. These investments are expected to significantly improve service quality, operational efficiency, and access to larger contracts and high-value clientele.

Risk Factors
As with any investment, this debenture carries certain risks. These include seasonal fluctuations in catering demand, food supply chain challenges, and foreign currency volatility. Operational risks such as equipment failure and staffing issues also exist. However, the Cooperative has mitigation strategies in place including equipment insurance, member training, diversified contracts, and strong governance structures.

Governance and Oversight
The Cooperative is managed by an elected Board of Directors supported by a professional management team. The use of debenture proceeds will be monitored through quarterly reporting to investors, and oversight will be provided by the Cooperative’s internal audit committee. This ensures transparency, accountability, and alignment with the strategic objectives of the Cooperative.

Subscription Process
Investors are invited to subscribe by completing the application form and transferring funds to the designated Cooperative account. All subscriptions will be acknowledged, and debenture certificates issued upon confirmation of payment. The Cooperative aims to close the offer once the full US$500,000 has been subscribed.