Kwamuka Order Management & Invoice FinancingHelping you bridge your financial requirements
Unfortunately due to the Zimbabwean economy and the death of the manufacturing sector, a lot of FCMG ingredients, consumables from mining and PPE equipment that Zimbabwe uses are imported from abroad. This presented a financial problem due to the lack of easily available foreign currency reserves and was exacerbated by the shipping delays due to the Corvid 19 lockdowns.
Kwamuka was approached to assist a large number of consumables supplies, by CAD Holdings with the assistance of procuring and supplying a wide number of ingredients and consumables so as to assist them in the realisation of their business services. A challenge that we saw as part of fulfilling our customers’ needs and ensuring that supplies reached CADs customers in time.
- FMCG
- Manufacturing
- Mining
The challenge we faced was the provisioning of capital for the sourcing and procurement and delivery of consumables for the FMCG industry in a timeous and prompt manner so as to not disrupt the supply chain to ensure that our clients got their goods on time.
The Solution that we provided was to give CAD investments order financing for their FMCG-related customer’s invoices as well as ensure that we sourced the product, negotiated with suppliers and arranged procurement, transportation as well as import requirements for getting the product into the country.
The result of this engagement was a successfully recurring order financing arrangement between Kwamuka and CAD that ensured that over the Corvid 19 period we were able to meet our customers’ needs and fund their purchases thereby ensuring little disruptions whilst facilitating the seamless movement of goods across borders and solve for their FX needs.