Kenya - Business creation project

Describe your project or startup in a few words

Introducing SmartSaver: An AI-powered app that alerts on discounts and deals on FMCG products, providing real-time notifications. Save time and money with our intelligent discount finder tailored for your location.

01.01 Describe your project in more detail

SmartSaver is a groundbreaking AI-powered application designed to revolutionize how consumers in the Kenyan market access discounts and deals on Fast-Moving Consumer Goods (FMCG). By leveraging advanced web scraping technology, SmartSaver extracts real-time discount information from the websites of major local providers. The app then notifies users instantly, allowing them to take advantage of the best offers on a wide range of FMCG products. SmartSaver's intelligent discount finder is tailored to the specific needs of the Kenyan market, helping users save time and money effortlessly. With an intuitive interface and personalized notification system, SmartSaver ensures that users never miss out on significant savings, making shopping smarter and more convenient than ever before.

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

The main problem SmartSaver is trying to solve is the inconvenience and time-consuming nature of finding and accessing discounts and deals on Fast-Moving Consumer Goods (FMCG) in the Kenyan market. In the face of tough economic times, where there are little savings and ever-increasing taxes without a considerable increase in income, people are actively seeking ways to save every coin they have. Consumers often struggle to keep track of the latest offers from various local providers, leading to missed opportunities for significant savings. SmartSaver aims to streamline this process by providing users with real-time notifications of discounts and deals on FMCG products, thus enabling them to save time and money effortlessly while making informed purchasing decisions.

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. Maximized Savings: Users access real-time notifications of discounts and deals on essential FMCG products, stretching their budget and improving financial well-being. 2. Effortless Access to Discounts: The app's intuitive interface ensures users effortlessly access exclusive offers from major local providers, never missing out on significant savings. 3. Tailored for the Local Market: Specifically designed for the Kenyan market, SmartSaver understands local preferences, ensuring users have access to relevant and impactful discounts, enhancing their overall shopping experience.

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

SmartSaver is aimed at serving consumers in the Kenyan market who seek to maximize their savings on essential Fast-Moving Consumer Goods (FMCG). The targeted beneficiaries include individual consumers, households, and families aiming to stretch their budgets, as well as small businesses and entrepreneurs looking to reduce operational costs.

01.05 When did you start working on your project?

2024-05-01

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.)

N/A

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?

h) IT (digital services, equipment and software)

02.01.01 My project contributes to the No poverty goal

6

02.01.02 No poverty - Justification

SmartSaver directly contributes to the No Poverty goal by helping individuals and families in the Kenyan market maximize their savings on essential Fast-Moving Consumer Goods (FMCG). By providing real-time notifications of discounts and deals, SmartSaver empowers users to make their hard-earned income go further, ultimately reducing financial strain and improving their overall financial well-being.

02.02.01 My project contributes to the Zero hunger goal

6

02.02.02 Zero hunger - Justification

SmartSaver indirectly contributes to the goal of ending hunger, achieving food security, promoting improved nutrition, and supporting sustainable agriculture by helping individuals and families in the Kenyan market save money on essential Fast-Moving Consumer Goods (FMCG). By maximizing savings through access to discounts and deals on food and other essential items, SmartSaver enables users to stretch their budgets, afford nutritious food, and support sustainable agricultural practices by making informed purchasing decisions.

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

SmartSaver indirectly contributes to the goal of ensuring good health and well-being by helping individuals and families in the Kenyan market save money on essential Fast-Moving Consumer Goods (FMCG). By maximizing savings through access to discounts and deals on health-related products such as nutritious food, personal care items, and healthcare essentials, SmartSaver enables users to maintain a healthier lifestyle and promote overall well-being. This ensures that individuals have better access to the resources they need to support their health and live healthier lives.

02.04.01 My project contributes to the Quality education goal

4

02.04.02 Quality education - Justification

N/A

02.05.01 My project contributes to the Gender equality goal

5

02.05.02 Gender equality - Justification

While SmartSaver's primary focus is on maximizing savings for individuals and families in the Kenyan market, it indirectly contributes to the goal of achieving gender equality and empowering women and girls. By helping households save money on essential Fast-Moving Consumer Goods (FMCG), SmartSaver can alleviate financial pressure, potentially benefiting women who often manage household expenses. With more disposable income available due to savings, women may have increased opportunities for economic empowerment, decision-making, and pursuing education or entrepreneurial endeavors, thus contributing to the broader goal of gender equality.

02.06.01 My project contributes to the Clean water and sanitation goal

5

02.06.02 Clean water and sanitation - Justification

SmartSaver indirectly contributes to the goal of ensuring clean water and sanitation by enabling individuals and families in the Kenyan market to save money on essential Fast-Moving Consumer Goods (FMCG). By maximizing savings through access to discounts and deals on household items, including cleaning products and personal care items, SmartSaver helps households allocate more resources towards maintaining clean water and sanitation facilities. With increased affordability of these essential products, individuals and families can invest in maintaining a clean and hygienic living environment, promoting better health outcomes and sustainable management of water and sanitation resources.

02.07.01 My project contributes to the Affordable and clean energy goal

4

02.07.02 Affordable and clean energy - Justification

N/A

02.08.01 My project contributes to the Decent work and economic growth

6

02.08.02 Decent work and economic growth - Justification

SmartSaver contributes to the goal of promoting sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all by facilitating increased purchasing power and economic efficiency among individuals and families in the Kenyan market. By maximizing savings on essential Fast-Moving Consumer Goods (FMCG), SmartSaver allows consumers to allocate their resources more effectively, thereby promoting economic stability and growth. The app also indirectly supports local businesses and employment opportunities within the FMCG sector by encouraging consumer spending and facilitating access to discounted products, ultimately contributing to the creation of more jobs and the promotion of decent work for all.

02.09.01 My project contributes to the Industry innovation and infrastructure

6

02.09.02 Industry innovation and infrastructure - Justification

While SmartSaver's primary focus is on consumer savings and access to discounts, it indirectly contributes to the goal of building resilient infrastructure, promoting inclusive and sustainable industrialization, and fostering innovation. By encouraging consumer spending and facilitating access to discounted products, SmartSaver contributes to the growth of the retail sector, which relies on infrastructure such as supply chains, transportation networks, and retail outlets. Additionally, the app fosters innovation by leveraging technology, such as AI-powered scraping algorithms, to provide users with real-time notifications of discounts and deals. This innovation improves efficiency in the retail sector and enhances consumer access to affordable goods, thereby promoting inclusive and sustainable industrialization.

02.10.01 My project contributes to the Reduced inequalities goal

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification

SmartSaver contributes to the goal of reducing inequalities within and among countries by providing all individuals and families in the Kenyan market with access to discounts and deals on essential Fast-Moving Consumer Goods (FMCG). By maximizing savings for consumers across various income levels, SmartSaver helps mitigate financial disparities and promotes more equitable access to affordable products and services. The app ensures that everyone, regardless of their economic status, can benefit from discounts and make their hard-earned income go further, thus contributing to the reduction of inequalities within the society.

02.11.01 My project contributes to the Sustainable cities and communities goal

5

02.11.02 Sustainable cities and communities - Justification

SmartSaver indirectly contributes to the goal of making cities and human settlements inclusive, safe, resilient, and sustainable by promoting economic efficiency and well-being within communities in the Kenyan market. By enabling individuals and families to save money on essential Fast-Moving Consumer Goods (FMCG), SmartSaver helps households allocate resources more effectively, which can lead to improved economic stability and well-being. With increased purchasing power, residents can afford better-quality products, leading to improved living standards. Additionally, by facilitating access to discounted goods, SmartSaver supports local businesses, which strengthens the economic resilience of communities. Overall, SmartSaver helps create more inclusive, safe, and sustainable communities by promoting economic empowerment and improving the quality of life for residents.

02.12.01 My project contributes to the Responsible consumption and production goal

6

02.12.02 Responsible consumption and production - Justification

SmartSaver actively contributes to the goal of responsible consumption and production by promoting sustainable consumption patterns through its focus on maximizing savings on essential Fast-Moving Consumer Goods (FMCG) in the Kenyan market. By providing real-time notifications of discounts and deals, SmartSaver encourages consumers to make more informed and sustainable purchasing decisions. This leads to a reduction in waste and promotes the efficient use of resources. Additionally, by facilitating access to discounted products, SmartSaver supports the concept of a circular economy by extending the lifespan of goods and reducing the environmental impact associated with production and disposal. Overall, SmartSaver plays a crucial role in fostering sustainable consumption and production patterns, thus contributing to a more environmentally responsible and resource-efficient economy.

02.13.01 My project contributes to the Climate action goal

5

02.13.02 Climate action - Justification

SmartSaver indirectly contributes to the goal of climate action by promoting sustainable consumption patterns and reducing environmental impact in the Kenyan market. By providing real-time notifications of discounts and deals on essential Fast-Moving Consumer Goods (FMCG), SmartSaver encourages consumers to make more sustainable purchasing decisions. This includes choosing products that have lower environmental footprints, such as eco-friendly and locally sourced items. Additionally, by facilitating access to discounted products, SmartSaver supports the concept of a circular economy, which promotes resource efficiency and reduces waste generation. By encouraging responsible consumption practices, SmartSaver contributes to the collective effort to combat climate change and minimize its impacts on the environment.

02.14.01 My project contributes to the Life below water goal

3

02.14.02 Life below water - Justification

N/A

02.15.01 My project contributes to the Life on land goal

5

02.15.02 Life on land - Justification

SmartSaver indirectly contributes to the goal of promoting life on land by encouraging sustainable consumption patterns and reducing environmental impact in the Kenyan market. By providing real-time notifications of discounts and deals on essential Fast-Moving Consumer Goods (FMCG), SmartSaver encourages consumers to make more sustainable purchasing decisions. This includes choosing products that have lower environmental footprints, such as eco-friendly and sustainably sourced items. Additionally, by facilitating access to discounted products, SmartSaver supports the concept of a circular economy, which promotes resource efficiency and reduces pressure on terrestrial ecosystems. By promoting responsible consumption practices, SmartSaver contributes to the preservation and sustainable use of terrestrial ecosystems, forests, and biodiversity, thus helping to protect and restore life on land.

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

6

02.16.02 Peace justice and strong institutions - Justification

SmartSaver indirectly contributes to the goal of promoting peace, justice, and strong institutions by fostering economic stability, inclusivity, and accountability within communities in the Kenyan market. By enabling individuals and families to save money on essential Fast-Moving Consumer Goods (FMCG), SmartSaver helps alleviate financial stress and improve well-being, contributing to a more stable and peaceful society. Additionally, by facilitating access to discounted products, SmartSaver supports local businesses and encourages economic growth, which can lead to job creation and social cohesion. Moreover, by promoting transparency and accountability in its operations, SmartSaver sets an example of good governance and integrity, thereby contributing to the building of effective, accountable, and inclusive institutions at all levels. Overall, SmartSaver plays a role in fostering peaceful and inclusive societies by promoting economic stability, supporting local businesses, and upholdin

02.17.01 My project contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

SmartSaver directly contributes to the goal of partnerships for sustainable development by fostering collaborations between various stakeholders in the Kenyan market. The app acts as a platform that brings together consumers, local businesses, and FMCG providers, creating a network of partnerships aimed at promoting sustainable consumption and economic growth. SmartSaver collaborates with local providers to access real-time information on discounts and deals, enhancing transparency and promoting fair business practices. By empowering consumers with information and facilitating access to discounted products, SmartSaver strengthens the means of implementation for sustainable development goals. Moreover, SmartSaver's partnerships with local businesses and FMCG providers contribute to revitalizing the global partnership for sustainable development by fostering a more inclusive and collaborative approach to achieving shared goals.

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

3

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

5

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.

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.

1 - Strongly Disagree

05.08 Justification

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

SmartSaver's main competitors include existing coupon platforms, local shopping apps, and price comparison websites. What sets SmartSaver apart is its focus on FMCG, providing real-time notifications of discounts on essential items. It integrates with local providers, uses AI for efficient scraping, and is tailored for the Kenyan market, respecting local values. This specialized approach ensures users have immediate access to relevant discounts, making SmartSaver the preferred choice for those seeking savings on everyday essentials.

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

N/A