Nigeria - Business creation project

Describe your project or startup in a few words

Letifi is an innovative ecosystem that redefines real estate experiences while fostering community connections. Whether you’re searching for your dream home, engaging with neighbors, or ensuring safety, Letifi offers a holistic platform.

01.01 Describe your project in more detail

Letifi serves as a comprehensive property hub where owners, agents, and seekers converge. High-quality listings, personalized recommendations, and blockchain-backed security ensure efficient property transactions. In terms of community engagement and services, Letifi offers several features to enhance local interaction and support. Neighbors Connect provides virtual forums for residents to share recommendations, coordinate events, and build bonds. The Local Marketplace allows artisans and sellers to showcase their products, promoting local businesses and sustainable consumption. Additionally, Letifi connects property owners with skilled worker vendors like plumbers, electricians, and carpenters for reliable repair and maintenance services. Safety and emergency preparedness are integral to Letifi, with an Emergency Alert Button offering immediate assistance and real-time location sharing for swift responses. By seamlessly integrating real estate experiences with community well-being.

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

The main problem that Letifi aims to solve is the fragmented and often inefficient real estate experience. Letifi streamlines property transactions, fosters community connections, and ensures safety. By integrating listings, community forums, local services, and emergency alerts, Letifi creates a holistic ecosystem that benefits property seekers, owners, and neighbors alike.

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. Efficient Property Transactions: Letifi simplifies property searches, listings, and transactions. Property seekers find relevant listings, connect with owners or agents, and complete deals swiftly. 2. Community Building: Neighbors Connect fosters socialization and local bonds. Residents share recommendations, coordinate events, and enhance their sense of belonging. 3. Safety and Emergency Preparedness: The Emergency Alert feature ensures rapid response during urgent situations. Users can trigger alerts, share real-time locations, and connect with local security personnel.

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

1. Property Seekers: Individuals or families searching for properties to rent, lease, or buy. 2. Property Owners: Owners of residential or commercial properties. 3. Real Estate Agents: Licensed professionals assisting property owners in selling, renting, or leasing properties. 4. Local Sellers (Marketplace): Artisans, entrepreneurs, and small businesses. 5. Skilled Workers (Vendors): Plumbers, electricians, carpenters, and other service providers. 6. Residents (Neighbors Connect): Local community members engaging in socialization and neighborhood activities. 7. Users in Need of Emergency Assistance: Anyone facing urgent situations (medical emergencies, safety threats, etc.).

01.05 When did you start working on your project?

2024-03-01

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

4

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.)

Dominic Baridum BestGod, UI/UX Designer Augustina Marvelous, Content Writer Henry BestGod Barilugbene, Project Manager

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?

k) Property (real estate)

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

Letifi indirectly supports this goal by providing a platform that facilitates property transactions. Access to housing and property ownership contributes to poverty reduction.

02.02.01 My project contributes to the Zero hunger goal

5

02.02.02 Zero hunger - Justification

While Letifi is not directly related to food security, its impact on housing stability indirectly supports overall well-being, which is essential for addressing hunger.

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

6

02.03.02 Good health and well-being - Justification

Letifi’s role in ensuring safe and secure housing contributes to better health outcomes for individuals and families.

02.04.01 My project contributes to the Quality education goal

5

02.04.02 Quality education - Justification

Letifi doesn’t directly address education, but stable housing positively impacts educational opportunities for children and adults alike.

02.05.01 My project contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification

Letifi’s services are accessible to all genders, promoting equal access to property information and transactions.

02.06.01 My project contributes to the Clean water and sanitation goal

4

02.06.02 Clean water and sanitation - Justification

02.07.01 My project contributes to the Affordable and clean energy goal

4

02.07.02 Affordable and clean energy - Justification

02.08.01 My project contributes to the Decent work and economic growth

6

02.08.02 Decent work and economic growth - Justification

By connecting property seekers, owners, and agents, Letifi supports economic growth in the real estate sector.

02.09.01 My project contributes to the Industry innovation and infrastructure

6

02.09.02 Industry innovation and infrastructure - Justification

Letifi will be a game changer in the industry as the first of it's kind, it will enable the influx of new ideas and also open the door for people to freely participate in property, and infrastructural development.

02.10.01 My project contributes to the Reduced inequalities goal

5

02.10.02 Reduced inequalities - Justification

Letifi’s inclusive platform ensures that everyone, regardless of background, can participate in property transactions.

02.11.01 My project contributes to the Sustainable cities and communities goal

6

02.11.02 Sustainable cities and communities - Justification

Letifi contributes to creating sustainable urban environments by streamlining property management and transactions.

02.12.01 My project contributes to the Responsible consumption and production goal

4

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

3

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

5

02.16.02 Peace justice and strong institutions - Justification

Letifi will require the verification of a property by legal representatives to ensure that no one is defrauded when engaging in property transactions.

02.17.01 My project contributes to the Partnerships for the goal

6

02.17.02 Partnerships for the goal - Justification

Letifi’s collaborative approach involves partnerships with property owners, agents, and users, aligning with this goal.

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

4

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.

6

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

6

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

6

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.

4

05.08 Justification

A holistic ecosystem that seamlessly integrates property transactions, community engagement, and safety features is a one of a kind and the beginning of a new era in real estate and community sociaisation.

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

privateproperty.com: Competitor Overview: Private Property is a platform for real estate where people find properties to buy in Nigeria Letifi Holistic Approach: Letifi integrates real estate, community engagement, and safety features, catering to a broader audience beyond just real estate.

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

I am a member and supporter of Women in Tech Accelerate Rivers State University Chapter and Women in Cyber Security (WiCyS) Rivers State University Chapter.