Nigeria - Business creation project

Describe your project or startup in a few words

Everydaymoney app is a personal financial management and savings tool that helps users set aside part of his monthly income to be disbursed daily or as set by user to meet daily expenses mainly to achieve financial independence and liquidity always.

01.01 Describe your project in more detail

Everydaymoney app is a personal financial management and savings tool that helps users save money and earn rewards through a variety of features. In addition to traditional budgeting and tracking tools, Everydaymoney offers a unique feature that allows users to set aside a portion of their income to be disbursed back to them on a daily, weekly, or monthly basis. This feature helps users save money without feeling the impact on their day-to-day finances, while also rewarding them for reaching their savings goals. This goals can be as unique as the individual.

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

To create financial sustainable run way for individuals and companies who can pre determine there expense needs daily, weekly, monthly and yearly and eradicate operating expenses inefficient in home's and by extension business as the application has both individual and business version solving the daily financial management problems in the society.

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

1. To enable homes and business pre determine and automate their expenses 2. To have sustainable run way in home's and businesses. 3. To eradicate wasteful financial attitude in home's and businesses.

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

1. Individuals: a. Salary earners b. Students c. Artisans 2. Businesses: a. ICT Hubs b. Joints/ clubs and hangout spots c. Schools

01.05 When did you start working on your project?

2023-04-08

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

3

01.07 Among the other partners, how many are female?

1

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

1. Retnan Daser, software engineer 2. Kator James, Backend developer 3. Robin Baktok Tangni, Financial management 4. Maryjane Nkechi, Marketing and content writer

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

https://www.facebook.com/share/p/Xk1uL4LWjsRbHQs7/?mibextid=oFDknk

01.10 Which industry best describes your project?

h) IT (digital services, equipment and software)

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

By saving portion of their income and programming it to take care of their daily, weekly needs families can live above poverty level.

02.02.01 My project contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification

Food is a basic need, having a daily budget from their income will make provisions of heathy meals, users can even make automated others from the apps market place feature.

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

7 - Strongly Agree

02.03.02 Good health and well-being - Justification

Having everydaymoney application will enable you make budget from income for health and emergency funds.

02.04.01 My project contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification

With everydaymoney application savings can be created for school fee's before it's time, thereby making quality education.

02.05.01 My project contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification

Everydaymoney application don't discriminate is an application for everyone.

02.06.01 My project contributes to the Clean water and sanitation goal

7 - Strongly Agree

02.06.02 Clean water and sanitation - Justification

With good financial budgeting application quality water can be available to the family.

02.07.01 My project contributes to the Affordable and clean energy goal

7 - Strongly Agree

02.07.02 Affordable and clean energy - Justification

Energy can be budgeted as well to enable families stay warm and informed.

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

Having everydaymoney application will elongates run way for government and private sector worker's to have transportation fees and plan for their work needs.

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

Everydaymoney is an innovation for social good of the society to solve daily financial management.

02.10.01 My project contributes to the Reduced inequalities goal

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification

This application doesn't discriminate against gender.

02.11.01 My project contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification

With everydaymoney application a sustainable community can be created were needs are analyst before they dates arrive, thereby having a financially healthy communities.

02.12.01 My project contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification

With good financial management comes responsible choice, everydaymoney application will assist in creating good consumption and production habits in families and businesses.

02.13.01 My project contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification

Everydaymoney application is a green climate advocate and directs the daily use of paper to using your phone to automatically control your daily financial management.

02.14.01 My project contributes to the Life below water goal

7 - Strongly Agree

02.14.02 Life below water - Justification

Everydaymoney application will not use water in an abusive way whatsoever.

02.15.01 My project contributes to the Life on land goal

6

02.15.02 Life on land - Justification

No encouragement whatsoever by everydaymoney application on land will be witness.

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

Peace and Justice will be maintained on all aspects of everydaymoney application activities.

02.17.01 My project contributes to the Partnerships for the goal

6

02.17.02 Partnerships for the goal - Justification

Banks and other financial organization can partner to achieve a smooth financial management services.

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

5

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

6

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

7 - Strongly Agree

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

4

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.

7 - Strongly Agree

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

6

05.08 Justification

Although there are budgeting application before now, everydaymoney application goes beyond just a budgeting application but also a financial management daily companion which allows you to create unique and self made financial plans as well as automatically have does budget achieved without touching a botton.

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

Piggyvest. We focused on the daily financial management of individuals and businesses with automation and market place feature availability.

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

Yali fellow