Nigeria - Business creation project

Describe your project or startup in a few words

Ayera: Accessible investment platform offering joint ventures for as low as 100 naira per slot, empowering small investors and aspiring entrepreneurs while promoting financial inclusion and economic growth.

01.01 Describe your project in more detail

Ayera is a crowdfunding platform that allows it users invest in numerous joint ventures for as low as 100 naira per slot. Become a business owner without all the stress and headaches that comes with it.

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

Ayera is a crowdfunding platform that enables users to invest in joint ventures for as little as 100 naira per slot, aiming to solve several key problems. Firstly, it addresses the issue of limited access to investment opportunities by making it more accessible to a wider range of people who may not have large sums of money to invest. Secondly, it reduces the stress and challenges associated with traditional business ownership by allowing users to become business owners without the usual headaches. Lastly, Ayera helps in diversifying investment portfolios by offering users the chance to invest in multiple joint ventures through the platform. Overall, Ayera seeks to make investment and business ownership more inclusive and less daunting for a larger segment of the population.

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

The major benefits of using Ayera include: 1. Accessible Investment Opportunities: Ayera allows users to invest in joint ventures for as little as 100 naira per slot, making investment opportunities more accessible to a wider range of people. 2. Stress-Free Business Ownership: Users can become business owners without the usual stress and headaches that come with starting and managing a business, thanks to Ayera's platform for joint venture investments. 3. Portfolio Diversification: Ayera enables users to diversify their investment portfolios by offering the opportunity to invest in multiple joint ventures through the platform, helping to spread risk and potentially increase returns.

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

Ayera is aimed at serving individuals who are interested in investing but may not have large sums of money to invest, as well as those who aspire to become business owners without the usual stress and challenges associated with traditional entrepreneurship. The targeted beneficiaries include: 1. Small Investors: Individuals who want to start investing with as little as possible, making investment opportunities accessible to a wider range of people. 2. Aspiring Business Owners: Individuals who want to own businesses without the usual stress and headaches that come with starting and managing a business. 3. Portfolio Diversifiers: Investors who are looking to diversify their investment portfolios by investing in multiple joint ventures through the Ayera platform.

01.05 When did you start working on your project?

2024-01-01

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.)

None

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

Ayera contributes to the goal of reducing poverty by providing accessible investment opportunities to individuals who may not have large sums of money to invest. By allowing users to invest in joint ventures for as little as 100 naira per slot, Ayera empowers small investors to participate in wealth creation and economic growth. Through this platform, individuals can generate passive income and build financial stability, ultimately helping to uplift themselves and their communities out of poverty.

02.02.01 My project contributes to the Zero hunger goal

3

02.02.02 Zero hunger - Justification

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

3

02.03.02 Good health and well-being - Justification

02.04.01 My project contributes to the Quality education goal

3

02.04.02 Quality education - Justification

02.05.01 My project contributes to the Gender equality goal

3

02.05.02 Gender equality - Justification

02.06.01 My project contributes to the Clean water and sanitation goal

3

02.06.02 Clean water and sanitation - Justification

02.07.01 My project contributes to the Affordable and clean energy goal

3

02.07.02 Affordable and clean energy - Justification

02.08.01 My project contributes to the Decent work and economic growth

3

02.08.02 Decent work and economic growth - Justification

02.09.01 My project contributes to the Industry innovation and infrastructure

6

02.09.02 Industry innovation and infrastructure - Justification

Ayera contributes to building resilient infrastructure, promoting inclusive and sustainable industrialization, and fostering innovation through several ways: 1. Infrastructure Development: Ayera's platform serves as digital infrastructure, providing a convenient and accessible way for individuals to invest in joint ventures. This digital infrastructure promotes financial inclusion by allowing people to invest with as little as 100 naira per slot, thereby broadening access to investment opportunities. 2. Inclusive Industrialization: By enabling individuals to become business owners without the usual stress and challenges associated with traditional entrepreneurship, Ayera promotes inclusive industrialization. It allows a wider range of people to participate in economic activities and contribute to industrial growth. 3. Innovation: Ayera fosters innovation by introducing a novel approach to investment, making it more accessible and less daunting for individuals.

02.10.01 My project contributes to the Reduced inequalities goal

3

02.10.02 Reduced inequalities - Justification

02.11.01 My project contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification

Ayera contributes to making cities and human settlements inclusive, safe, resilient, and sustainable in the following ways: 1. Financial Inclusion: By providing accessible investment opportunities for as little as 100 naira per slot, Ayera promotes financial inclusion. This allows individuals from urban and rural areas alike to participate in wealth creation and economic growth, thus making cities and settlements more inclusive. 2. Wealth Creation and Stability: Ayera enables individuals to invest in joint ventures without the usual stress and challenges of traditional entrepreneurship. By doing so, it helps create wealth and financial stability for individuals living in cities and settlements, thereby fostering resilience against economic shocks. 3. Supporting Local Businesses: Ayera's platform encourages investment in local businesses and ventures, which contributes to the sustainability and resilience of communities.

02.12.01 My project contributes to the Responsible consumption and production goal

5

02.12.02 Responsible consumption and production - Justification

02.13.01 My project contributes to the Climate action goal

4

02.13.02 Climate action - Justification

02.14.01 My project contributes to the Life below water goal

4

02.14.02 Life below water - Justification

02.15.01 My project contributes to the Life on land goal

4

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

Ayera promotes peaceful and inclusive societies for sustainable development, provides access to justice for all, and builds effective, accountable, and inclusive institutions at all levels through the following ways: 1. Financial Inclusion and Economic Empowerment: By providing accessible investment opportunities, Ayera empowers individuals to participate in wealth creation and economic growth. This economic empowerment reduces inequalities and fosters social inclusion, contributing to peaceful and inclusive societies. 2. Transparency and Accountability: Ayera ensures transparency and accountability in its operations, providing users with clear information about their investments and returns. By building trust and confidence among investors, Ayera contributes to the development of accountable and inclusive financial institutions. 3. Community Development: Ayera encourages investment in local businesses and ventures, which stimulates economic growth and creates job opportunities.

02.17.01 My project contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

Ayera strengthens the means of implementation and revitalizes the Global Partnership for Sustainable Development in the following ways: 1. Facilitating Investment: Ayera provides a platform for individuals to invest in joint ventures, thereby mobilizing private investment for sustainable development. By making investment opportunities accessible and inclusive, Ayera contributes to achieving the financing goals of sustainable development. 2. Promoting Collaboration: Ayera fosters collaboration between investors, entrepreneurs, and businesses, creating partnerships that drive sustainable development. By connecting investors with innovative and impactful ventures, Ayera facilitates collaboration towards achieving the Sustainable Development Goals. 3. Technology and Innovation: Ayera leverages technology and innovation to make investment more accessible and transparent. By harnessing the power of digital platforms, Ayera promotes efficient and effective means of investment.

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.

7 - Strongly Agree

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

3

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

7 - Strongly Agree

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

7 - Strongly Agree

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.

7 - Strongly Agree

05.08 Justification

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

Ayera's main potential competitors include other crowdfunding platforms and traditional investment firms. However, Ayera stands out from its competitors in several ways: 1. Low Barrier to Entry: Ayera allows users to invest in joint ventures for as little as 100 naira per slot, making investment opportunities accessible to a wider range of people compared to traditional investment firms. 2. Stress-Free Business Ownership: Unlike traditional entrepreneurship, Ayera enables individuals to become business owners without the usual stress and challenges. This ease of entry and ownership sets Ayera apart from other crowdfunding platforms. 3. Diversification and Innovation: Ayera offers users the opportunity to diversify their investment portfolios by investing in multiple joint ventures through the platform. Additionally, Ayera leverages technology and digital platforms to make investment more accessible and transparent, setting it apart from traditional investment firms.

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

I haven't put a thought to that yet.