Nigeria - Business creation project

Describe your project or startup in a few words

Fintech app that enable user buy visual acct for international USD transfers. And it is also Designed for travellers to earn money by taking a package offering integrated jet chartering on-demand dispatch riders & "travel courier" program to earn on trips

01.01 Describe your project in more detail

I propose a comprehensive fintech application with a user-friendly visual interface. This app will streamline international money transfers in US dollars through a secure and visually-appealing account whereby customers can buy this visual account to send and recieve dollars and also convert the dollars to desired African currency. Designed with frequent travellers in mind, it will offer additional functionalities like: Integrated jet chartering directly within the app. On-demand dispatch rider procurement for convenient deliveries. A unique "travel courier" program allowing users to earn income by carrying packages on international trips.

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

I am making it easy for people in Diaspora to transfer money to their relative in Africa and also make it easy for international business in Africa to transact dollars I am also making it easy for international business men to transact seamlessly and easily Business men or individuals can charter a jet easily with my app travellers can earn while on a trip by volunteering to be a package courier Customers can also place an order for dispatch riders from the comfort of their home.

01.03 Tell us the major benefits and/or advantages of using the product/service that your project intends to provide (at least 3).

Cost-effective International Transactions Monetized Travel Enhanced Security and Transparency

01.04 Please describe who exactly your project is aimed at serving. Who are the targeted beneficiaries?

My project is aimed at serving international business My project is also aimed at people in diaspora who want to send dollars to their relative in Africa My project is aimed at traveller getting paid to volunteer to be a package courier

01.05 When did you start working on your project?

2024-07-10

01.06 How many other partners are associated with your business venture?

0

01.07 Among the other partners, how many are female?

0

01.08 Please describe the profile of each of the other partners (skills, experience, etc.)

I have no partner yet

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

01.10 Which industry best describes your project?

g) Financial services

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

02.02.01 My project contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification

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

5

02.03.02 Good health and well-being - Justification

02.04.01 My project contributes to the Quality education goal

6

02.04.02 Quality education - Justification

02.05.01 My project contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification

02.06.01 My project contributes to the Clean water and sanitation goal

7 - Strongly Agree

02.06.02 Clean water and sanitation - Justification

02.07.01 My project contributes to the Affordable and clean energy goal

7 - Strongly Agree

02.07.02 Affordable and clean energy - Justification

02.08.01 My project contributes to the Decent work and economic growth

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

02.10.01 My project contributes to the Reduced inequalities goal

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification

02.11.01 My project contributes to the Sustainable cities and communities goal

1 - Strongly Disagree

02.11.02 Sustainable cities and communities - Justification

02.12.01 My project contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification

02.13.01 My project contributes to the Climate action goal

1 - Strongly Disagree

02.13.02 Climate action - Justification

02.14.01 My project contributes to the Life below water goal

1 - Strongly Disagree

02.14.02 Life below water - Justification

02.15.01 My project contributes to the Life on land goal

1 - Strongly Disagree

02.15.02 Life on land - Justification

02.16.01 My project contributes to the Peace justice and strong institutions goal

7 - Strongly Agree

02.16.02 Peace justice and strong institutions - Justification

02.17.01 My project contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

05.01 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

05.02 The product/service we envision creating represents an entirely new type of product/service.

7 - Strongly Agree

05.03 The product/service we envision creating could be described as a new technology.

5

05.04 The product/service we envision creating is an improvement on an existing product or service.

1 - Strongly Disagree

05.05 The product/service we envision creating could be described as an extension of a range of products or services.

4

05.06 The product/service we envision creating responds to a demand or need that has not been satisfied by other products/services.

2

05.07 The product/service we envision creating is a new version of an old product/service.

1 - Strongly Disagree

05.08 Justification

05.09 Who are your main potential competitors and what makes you stand out from them?

My main potential competitors are banks what makes me stand out of them is customers can transact dollars from the comfort of their homes

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

Yes Am currently in search of a female co founder who should be a good entrepreneur and have the growth mindset