Zambia - Startup under 3 years old
Individual
participation
iMate FinTech Solutions
The iLoan management system helps in quality improvement, improving turnaround time and better service for customers. It helps SMEs and financial institutions to improve the activity, transparency, competency and efficiency of their lending solutions.
Documents
iMate FinTech Solutions
Describe your project or startup in a few words
The iLoan management system helps in quality improvement, improving turnaround time and better service for customers. It helps SMEs and financial institutions to improve the activity, transparency, competency and efficiency of their lending solutions.
01.01 Describe your startup in more detail
Information and Communication Technologies (ICTs) offer a wide and intrinsically open area for development related work in developing countries like Zambia; the amplitude of the impact of these technologies ranges from their very incident as an indicator of development in itself to act as a "permissive factor" for development. The mission of iMatehost Solutions Limited is to provide businesses with computing solutions based upon the latest technology utilizing Web-based applications and providing superior customer support and training to take a company's infrastructure into the future and beyond.
01.02 What is the main problem you are trying to solve?
In today's growing business, Small and Medium Enterprises (SMEs) need computer and Internet service to increase growth and iMatehost Solutions has the answer to the challenge small business are facing. cost effective solution for small to mid-size companies with regard to business management. We develop managements systems tailored to the needs of the company. We have a product called iLoans. The iLoan management system helps in quality improvement, improving turnaround time and better service for customers. It helps banks and financial institutions to improve the activity, transparency, competency and efficiency of their lending solutions. We also offer small business with an accounting package management systems call iCount which easily integrates with ZRA’s Tax Information Management System (TIMS). This helps small business issue Tax invoices with ease.
01.03 Tell us the major benefits and/or advantages of using the product/service that your startup provides (at least 3).
1. iLoan provides a robust Loan Product Suite for Agriculture Loans, Retail Loans, Personal loans and Project Finance. which delivers end-to-end Loan Management functionality for all types of loans & advances. 3. View loan details including repayments, loan terms, loan schedule, collateral, files, and comments. You can also print loan statements and schedule for your borrowers. Set loan fees, grace period, and penalties. 2. iCount, helps with Real-time tracking of invoices.
01.04 Please describe who exactly your startup’s product/service is aimed at serving. Who are the targeted beneficiaries?
iMate Solutions Limited is a Business-to-Business (B2B) technology consulting company supplying computing solutions based upon the latest technology and utilizing Web-based applications. Small to Mid-size Businesses. All business of 5 to 100 employees are ideal regardless of industry. Consolidations and Mergers. They look for outsourcing and new ways for implementing Web-based applications, intranet hosting and development, e-portals, e-markets and support to grow their business while cutting cost. Government agencies. The company sells to government contractors, and government agencies
01.05 When was your company established?
2021-07-14
01.06 Are you already selling your product/service?
Yes
01.07 How many other owners are there within your startup?
2
01.08 Among the other owners, how many are female?
0
01.09 Please describe the profile of the other owners within your startup (skills, experience, etc.)
Mr. Temba Saina, who has 9 years experiences in system development and software management, he holds a Bachelor of Systems Engineering and Master of Science in Systems Engineering.
01.10 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link(s) here:
01.11 Which industry best describes your project?
h) IT (digital services, equipment and software)
02.01.01 My startup contributes to the No poverty goal
4
02.01.02 No poverty - Justification for my startup
Not answered02.02.01 My startup contributes to the Zero hunger goal
4
02.02.02 Zero hunger - Justification for my startup
Not answered02.03.01 My startup contributes to the Good health and well-being goal
4
02.03.02 Good health and well-being - Justification for my startup
Not answered02.04.01 My startup contributes to the Quality education goal
3
02.04.02 Quality education - Justification for my startup
Not answered02.05.01 My startup contributes to the Gender equality goal
6
02.05.02 Gender equality - Justification for my startup
Not answered02.06.01 My startup contributes to the Clean water and sanitation goal
2
02.06.02 Clean water and sanitation - Justification for my startup
Not answered02.07.01 My startup contributes to the Affordable and clean energy goal
2
02.07.02 Affordable and clean energy - Justification for my startup
Not answered02.08.01 My startup contributes to the Decent work and economic growth
7 - Strongly Agree
02.08.02 Decent work and economic growth - Justification for my startup
The availability of ICTs and network-based services offer a number of advantages for the society in general. ICT applications, such as e-Government, e Commerce, e-Education, e-Health and e-Environment, are considered as enablers for socio-economic development, particularly due to their ability to deliver a wide range of basic services in remote and rural areas. iMate host Solutions Limited contributes by creating employment opportunities, Supporting Small and Medium-sized Enterprises (SMEs), Innovation and Entrepreneurship.
02.09.01 My startup contributes to the Industry innovation and infrastructure
7 - Strongly Agree
02.09.02 Industry innovation and infrastructure - Justification for my startup
For effective, meaningful, and developmental use of ICTs, the minimum requirement would be a vision transcending the top-down and center-outward transfer of information and knowledge. ICTs need to be taken as facilitating tools and logical extensions for participatory approaches for development planning, appraisal, action, evaluation while breaking the magnetized "north-south" "center-outward" "upper-lower" flow of knowledge and information. ICTs in a way offer space and opportunities by which development planning in lcddu (local, complex, diverse, dynamic and unpredictable) realities of human existence is shared at faster speed and more interactively than before.
02.10.01 My startup contributes to the Reduced inequalities goal
7 - Strongly Agree
02.10.02 Reduced inequalities - Justification for my startup
We have a special package for women led SMEs.
02.11.01 My startup contributes to the Sustainable cities and communities goal
3
02.11.02 Sustainable cities and communities - Justification for my startup
Not answered02.12.01 My startup contributes to the Responsible consumption and production goal
3
02.12.02 Responsible consumption and production - Justification for my startup
Not answered02.13.01 My startup contributes to the Climate action goal
6
02.13.02 Climate action - Justification for my startup
Adopting energy-efficient technologies, reducing waste generation, and implementing recycling and waste management programs. Raising awareness about climate change and encouraging sustainable behaviors among employees, customers, and stakeholders.
02.14.01 My startup contributes to the Life below water goal
2
02.14.02 Life below water - Justification for my startup
Not answered02.15.01 My startup contributes to the Life on land goal
2
02.15.02 Life on land - Justification for my startup
Not answered02.16.01 My startup contributes to the Peace Justice and Strong Institutions goal
2
02.16.02 Peace Justice and Strong Institutions- Justification for my startup
Not answered02.17.01 My startup contributes to the Partnerships for the goal
5
02.17.02 Partnerships for the goal - Justification for my startup
Engage in technology transfer partnerships to share these innovations with other organizations, especially those in regions facing sustainability challenges.
06.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.
4
06.02 The product/service represents an entirely new type of product/service.
4
06.03 The product/service could be described as a new technology.
4
06.04 The product/service is an improvement on an existing product or service.
7 - Strongly Agree
06.05 The product/service could be described as an extension of a range of products or services.
4
06.06 The product/service responds to a demand or need that has not been satisfied by other products/services.
7 - Strongly Agree
06.07 The product/service is a new version of an old product/service.
4
06.08 Justification for my startup
Our Loan Management System offers Configurable Product rule engine consisting of Limit Frame Work, Collateral Setup, Recovery Appropriation Policy, Interest & Changes Structure etc.
06.09 Competitive Analysis
iMate Solutions Limited has a world-class management team with direct knowledge of the industry, extensive research experience, and a unique perspective that B2B technology needs. Its team includes Mr. Martin Mapoma, Bachelor of Information and Communication Technology and Master of Engineering in Information and Technology Regulation, Policy and Management, and Mr. Temba Saina, Bachelor of Systems Engineering and Master of Science in Systems Engineering. iMate Solutions Limited believes that to stay ahead of its competitors it has to define its vision; to be a B2B Web-based solutions provider, developing new and innovative Web based applications and become an ally to its clients in this diverse field.
11.05 Are you initiating actions within your community to promote the role of female entrepreneurs?
Not answered
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