Kenya - Startup under 3 years old

Describe your project or startup in a few words

One Kitty empowers communities by facilitating transparent fundraising for disaster relief, events, and group initiatives. Our platform supports financial education and independence, offering expense tracking and analysis tools to help youth manage and sa

01.01 Describe your startup in more detail

One Kitty is a pioneering fundraising platform dedicated to empowering communities during disasters and fostering financial independence. Recently, we played a crucial role during Kenya's devastating floods, raising funds for impactful NGOs. During Ramadan, we supported the less fortunate by contributing to Islamic groups in various mosques. We are developing modules focused on financial management and independence, including expense tracking and smart analysis tools for youth to manage and save money effectively. Our platform has supported numerous initiatives, such as fundraising for bright students' school fees. We actively engage with colleges like Multimedia University to educate students on financial independence and savings. Our team includes: Amos Ahindukha, CEO (IT Graduate) Danche Ng'ang'a, CTO (IT Graduate) Shem Maina, COO (MBA in Strategic Management) Elias Kemboi, Junior Developer (IT Graduate) Ivy Maina, Junior Developer Targeting organized groups for self-development,

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

The main problem One Kitty aims to solve is the lack of efficient and transparent fundraising mechanisms during emergencies and for community-driven initiatives. Traditional fundraising methods often suffer from inefficiencies, lack of transparency, and limited reach. This is especially critical during disasters, such as the recent floods in Kenya, where timely and effective support is crucial. Additionally, there is a significant need for financial education and management tools to help youth achieve financial independence. Many young people struggle with managing their finances, leading to poor saving habits and financial instability. One Kitty addresses these issues by providing a robust platform for secure, transparent, and efficient fundraising. Our application facilitates contributions to impactful NGOs during disasters and supports organized groups for community initiatives. We also offer financial management modules, including expense tracking and smart analysis tools

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

One Kitty offers several major benefits: Efficient and Transparent Fundraising: One Kitty provides a secure and transparent platform for raising funds during emergencies and community initiatives. By facilitating direct contributions and partnering with reliable NGOs, we ensure that funds reach those in need quickly and efficiently. Financial Management Tools: Our application includes modules for expense tracking and smart financial analysis, empowering users, especially the youth, to manage their finances better. These tools promote saving habits and financial stability, fostering financial independence. Educational Outreach and Community Engagement: One Kitty actively engages with educational institutions and community groups to promote financial literacy and independence. Our workshops and forums provide essential knowledge and skills for managing personal finances and making informed financial decisions.

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

Disaster-Affected Communities: We provide timely and effective fundraising support for communities impacted by disasters, such as floods, by partnering with powerful NGOs to ensure aid reaches those in need. Religious and Charitable Groups: We support fundraising efforts for religious groups and charitable organizations, such as campaigns during Ramadan to assist the less fortunate. Youth and Students: Our financial management tools, including expense tracking and smart analysis, are designed to help young people and students develop good financial habits, achieve financial independence, and manage their finances effectively. Educational Institutions: We engage with colleges and universities to educate students about financial literacy, saving, and financial independence through workshops and forums. Community Development Groups: We assist groups focused on self-development, poverty eradication, and o

01.05 When was your company established?

2024-02-15

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.)

Amos Ahindukha, CEO: An Information Technology graduate with a strong background in tech leadership and project management. Amos drives the strategic vision of One Kitty, ensuring alignment with our mission of financial inclusion and community support. Danche Ng'ang'a, CTO: Also an Information Technology graduate, Danche oversees the technological development of the platform. With expertise in software development and system architecture, he ensures One Kitty is robust, secure, and user-friendly. Shem Maina, COO: Shem holds an MBA in Strategic Management, bringing valuable expertise in operational efficiency and business strategy. He focuses on optimizing our processes, partnerships, and overall operational performance.

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?

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

My startup focuses on financial education and analysis. Mismanagement of funds is one of the greatest causes of poverty in my society. Also we facilitate raising of funds through organized groups, NGOs etc. That way we solicit funds that are eventually remitted to the disadvantaged helping eradicate poverty. My startup has also employed various young vibrant developers both as junior developers and interns. Apat from paying them, we also empower them with technical skills education and also financila knowledge.

02.02.01 My startup contributes to the Zero hunger goal

5

02.02.02 Zero hunger - Justification for my startup

Most of the fundraises we facilitate address issues such as povery, displacement in the society which to some extend are the major causes of hunger and starvation. Some contributions like the ramadan contributions were majorly for allowing access to food materials to the less fortunate

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

4

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

02.04.01 My startup contributes to the Quality education goal

5

02.04.02 Quality education - Justification for my startup

We offer training to the organized groups in our onekitty community about financial independence and stability. We offer free training to our team of developers both on technical skills, financial independence an management and most important leadership skills. Some of the major contributions one kitty has handled were dedicated to supporting education for varous students

02.05.01 My startup contributes to the Gender equality goal

3

02.05.02 Gender equality - Justification for my startup

02.06.01 My startup contributes to the Clean water and sanitation goal

1 - Strongly Disagree

02.06.02 Clean water and sanitation - Justification for my startup

02.07.01 My startup contributes to the Affordable and clean energy goal

1 - Strongly Disagree

02.07.02 Affordable and clean energy - Justification for my startup

02.08.01 My startup contributes to the Decent work and economic growth

5

02.08.02 Decent work and economic growth - Justification for my startup

02.09.01 My startup contributes to the Industry innovation and infrastructure

6

02.09.02 Industry innovation and infrastructure - Justification for my startup

Technological Innovation: Our platform leverages cutting-edge technology to create an efficient and transparent fundraising system. By integrating secure digital payment solutions like M-Pesa and SasaPay, we facilitate smooth and reliable fund transfers, ensuring that resources reach those in need promptly.

02.10.01 My startup contributes to the Reduced inequalities goal

5

02.10.02 Reduced inequalities - Justification for my startup

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

02.12.01 My startup contributes to the Responsible consumption and production goal

3

02.12.02 Responsible consumption and production - Justification for my startup

02.13.01 My startup contributes to the Climate action goal

2

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

3

02.15.02 Life on land - Justification for my startup

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

1 - Strongly Disagree

02.16.02 Peace Justice and Strong Institutions- Justification for my startup

02.17.01 My startup contributes to the Partnerships for the goal

3

02.17.02 Partnerships for the goal - Justification for my startup

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

1 - Strongly Disagree

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.

5

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

3

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

1 - Strongly Disagree

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.

1 - Strongly Disagree

06.08 Justification for my startup

Onekitty is a a unitque innovation. Apart we provide integrations with platforms such as whatsapp and telegram where we broadcast live contribution events for openness. Our finacial management module help the youth in funds management.

06.09 Competitive Analysis

Out main competitors are Mchanga, GogetFunding and Chuffed. These applications are majorly focused on collection of funds. One kitty on the other hand offers funds collections as an added functionality top of feature focused on financial management. We also make initiatives to raise funds during disasters and for the less fortunate.

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