Kenya - Business creation project

Describe your project or startup in a few words

Faidi Chain Tensioner is an affordable product developed to help improve the safety of a motorcycle chain during normal use. It prevents the chain from derailing off the rear sprocket by automatically adjusting the chain tensions as the chain elongates.

01.01 Describe your project in more detail

Kenya as a developing nation has seen a steep rise in numbers of motorcycles on its road as a significant mode of transport. However, accident numbers have also been on the rise and yet some are attributed to the motorcycle design itself. During normal chain use, the drive chain elongates needing frequent visits to the mechanic for readjustment. It is common for most riders to ignore this important procedure as it might be needed at least two to three times every week. Skipping this step can can the chain to fall off the rear driving gear/ sprocket, lock the rear tyre and can be fatal. Faidi Chain tensioner is made from durable material yet affordable and can automatically adjust the chain tension automatically during chain use, therefore leading to improved safety in chain driven motorcycle.

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

1. Faidi Chain Tensioner Project aims at reducing the number of deaths caused by motorcycle accidents in Kenya, as a result of derailment of the chain from the rear gear sprocket. 2. It also aims at reducing the cost of the chain tensioner as the available tensioner are highly priced making them unaffordable to the common citizen. 3. To improve the safety of a chain driven motorcycle. 4. To create jobs/ poverty reduction for the as the product is designed, assembled and sold within the country.

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. Faidi Chain Tensioner Project aims at reducing the number of deaths caused by motorcycle accidents in Kenya, as a result of derailment of the chain from the rear gear sprocket. 2. It also aims at reducing the cost of the chain tensioner as the available tensioner are highly priced making them unaffordable to the common citizen. 3. To improve the safety of a chain driven motorcycle. 4. To create jobs for the youth as the product is designed, assembled and sold within the country.

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

Faidi Chain Tensioner Project aims serving all chain driven motorcycle handlers.

01.05 When did you start working on your project?

2023-05-22

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

1

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.)

N/A

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

https://bit.ly/2FZGocS

01.10 Which industry best describes your project?

c) Industry (equipment, commercial, logistical and professional services, transport)

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

My project aims at reducing poverty by job creation and ensuring good health and well being of motorcycle users.

02.02.01 My project contributes to the Zero hunger goal

2

02.02.02 Zero hunger - Justification

My project contributes to zero hunger my ensuring well being of motorcycle users and by job creation.

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

My project aims at minimizing motorcycle road related crashes. This will ensure good health and well being of the population.

02.04.01 My project contributes to the Quality education goal

6

02.04.02 Quality education - Justification

By job creation and reduced mortality caused by motorcycle road accidents, the society can enjoy quality education for their children.

02.05.01 My project contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification

My project is entirely inclusive of all genders

02.06.01 My project contributes to the Clean water and sanitation goal

2

02.06.02 Clean water and sanitation - Justification

02.07.01 My project contributes to the Affordable and clean energy goal

2

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

By job creation in production , consumption and marketing. This project creates decent work and will result in economic growth

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

My project contributes it industry innovation as it promotes production within the country reducing reliance on importation.

02.10.01 My project contributes to the Reduced inequalities goal

6

02.10.02 Reduced inequalities - Justification

My project gives equal opportunities to all persons. Females and persons with disabilities as all included.

02.11.01 My project contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification

Reducing motorcycle related crashes of a specific cause is of great benefit as it reduces the numbers of disabled persons orphaned children.

02.12.01 My project contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification

By ensuring prolonged use of a unit within a motorcycle, it reduces demand and therefore limits it production. This in return reduces emission produced during production of such items

02.13.01 My project contributes to the Climate action goal

6

02.13.02 Climate action - Justification

By ensuring prolonged use of a unit within a motorcycle, it reduces demand and therefore limits it production. This in return reduces emission produced during production of such items

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

7 - Strongly Agree

02.15.02 Life on land - Justification

There has been increasing environmental pollution in the terrestrial ecosystem caused by mechanical waste. This startup aims at minimizing pollution to the environment.

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

2

02.16.02 Peace justice and strong institutions - Justification

02.17.01 My project contributes to the Partnerships for the goal

6

02.17.02 Partnerships for the goal - Justification

By job creation, this startup ensures sustainable development by reducing environmental pollution

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

2

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

1 - Strongly Disagree

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

1 - Strongly Disagree

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.

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.

6

05.08 Justification

This product already exists expensively in aluminum version. The unique detail about this startup is its durability and affordability.

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

Imported chain tensioners found in online markets e.g Jumia. They are however made of a fragile material (aluminum) and very costly. What makes Faidi Chain Tensioner stand out is that it is made from mild steel ensuring durability and is very affordable

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

N/a