Kenya - Startup under 3 years old

Describe your project or startup in a few words

Helping Companies, organizations and Counties improve its Finance by minimizing losses and maximizing profits. Improving Economy

01.01 Describe your startup in more detail

Pathlane Solutions Ltd is a well-established company specialized in Commercial & Consumer Debt Recovery, recovering many types of debts, whether it is a one-off instruction or a large portfolio of accounts. Working on a "No Collection, No Fee" basis our services are designed to deal with all types of debt collection in amoral, experienced and professional manner. PSL has been in existence as from 2018 and has been trusted by the following organizations to recover their debts: MTN Business Kenya Ltd, Green Gas Company, Kinangop Dairy, and Valley Hospital among others. We work closely with our clients to develop and maintain long term business relationships. We attribute our success, and our client’s success to investing in the best people and systems. All personnel receive specialized training to ensure they provide first class quality service.

01.02 What is the main problem you are trying to solve?

The Recovery Department of Pathlane solutions offers the following services to help businesses that extend credit to manage the risk of their credit portfolio across a variety of sectors for corporates, learning institutions and SME clients locally and internationally. These services include; • Collection of overdue accounts from businesses owing businesses. • Providing International debt collection services using well established techniques. • Providing debt surveillance service for written off debts. • Providing debt recovery services through legal service. We are renown as a highly professional and effective organization, with a clear focus on supporting our clients’ strategic goals. We boast a team that is highly experienced in fields of professional service delivery, public service, business consultancy and private enterprise.

01.03 Tell us the major benefits and/or advantages of using the product/service that your startup provides (at least 3).

Our client will benefit in the following ways: 1. Improved Collections. Debtors will be quick to try and clear up their debts once their cases have been referred to PSL. If cases are referred as early as possible before they degenerate to default, the chances of recovery have been proven to be higher. 2. Increased revenues and cash flow. The positive effects of improved collections will reduce write-offs, thus ensuring that our client improve on the bottom line. 3. Cost-effective we operate a no collection, no commission policy. 4. Commission Rates Our commission rates offer excellent value for the work we undertake. They are very low, competitive and only charged on successful collection. 5. National Service The local distance is not an obstacle. No matter where your debt is we provide a nationwide debt collection service. 6. International collection capability Using our collection techniques, we are able to collect your international debt; the distance is not a barrier as we

01.04 Please describe who exactly your startup’s product/service is aimed at serving. Who are the targeted beneficiaries?

businesses, governments, government agencies and departments, as well as individual clients.

01.05 When was your company established?

2022-07-27

01.06 Are you already selling your product/service?

Yes

01.07 How many other owners are there within your startup?

1

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.)

Over 10 years’ experience in administration, project management, consultancy and capacity building. A professional in debt management and debt advisory.

01.10 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link(s) here:

https://www.linkedin.com/in/hellen-mokeira-411190111?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app

01.11 Which industry best describes your project?

g) Financial services

02.01.01 My startup contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification for my startup

In the Future we look upon to Employ more than 20,000 Employees which will help people earn a living and improve their standard of living.

02.02.01 My startup contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification for my startup

When people have a source of income they are able to depend on their own and are able to do other projects and will provide for their families

02.03.01 My startup contributes to the Good health and well-being goal

7 - Strongly Agree

02.03.02 Good health and well-being - Justification for my startup

We have counseling trainings and financial management trainings which is a major course of depression which causes health issues in many.

02.04.01 My startup contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification for my startup

Employment helps people get school fees for their children and also helping the needy within their families.

02.05.01 My startup contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification for my startup

We are 2 founders , a female and a male. We have 5 Employees,# female and 2 male.

02.06.01 My startup contributes to the Clean water and sanitation goal

4

02.06.02 Clean water and sanitation - Justification for my startup

02.07.01 My startup contributes to the Affordable and clean energy goal

4

02.07.02 Affordable and clean energy - Justification for my startup

02.08.01 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

Improving Financial profits of Organizations improves the Economy of countries.

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

In the future we will be a credit referencing bureau which will help all financial institutions and manufacturing companies access information of all their debtors .

02.10.01 My startup contributes to the Reduced inequalities goal

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification for my startup

By Empowering all genders while providing Employment will help all genders be helpful in all they do.

02.11.01 My startup contributes to the Sustainable cities and communities goal

4

02.11.02 Sustainable cities and communities - Justification for my startup

02.12.01 My startup contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification for my startup

Companies will be free and comfortable to produce and distribute their product and services since we have a solution when it comes to recovery of their debts

02.13.01 My startup contributes to the Climate action goal

4

02.13.02 Climate action - Justification for my startup

02.14.01 My startup contributes to the Life below water goal

1 - Strongly Disagree

02.14.02 Life below water - Justification for my startup

02.15.01 My startup contributes to the Life on land goal

4

02.15.02 Life on land - Justification for my startup

02.16.01 My startup contributes to the Peace Justice and Strong Institutions goal

5

02.16.02 Peace Justice and Strong Institutions- Justification for my startup

maximization of profit will help organizations grow strong and financial management will create peace of mind to credit departments and also to consumers.

02.17.01 My startup contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification for my startup

We welcome any partnership that will make our company grow and achieve its objective

06.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

7 - Strongly Agree

06.02 The product/service represents an entirely new type of product/service.

6

06.03 The product/service could be described as a new technology.

2

06.04 The product/service is an improvement on an existing product or service.

4

06.05 The product/service could be described as an extension of a range of products or services.

6

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

improving a Country Economy is embraced by all since it has a great impact in everyone's life.

06.09 Competitive Analysis

Other Debt collection companies. Pathlane has debt collection professions who are very experienced and we do on the job training to new employees.We don't harass customers but instead rebuild back their relation with the clients. We major on debt collection where there is a complete proof of debt instead of just a customer who has refused to pay due to local arrangements with clients.

11.05 Are you initiating actions within your community to promote the role of female entrepreneurs?

Yes. Am married in Masai land where they don't allow girls go to school,i started a movement whereby we the learned give free counseling to girls in school and encourage then through career counseling. Iam a charlady of 2 women groups that advocates for Empowering women by contributing some amount monthly and giving loans to ourselves to boost our businesses. I have been endorsed to vie for Member of parliament position in the government of Kenya so that ican be a voice for women and youths in our society.