Kenya - Business creation project

Describe your project or startup in a few words

Swyp is a mobile money payment solutions that enables self-service and cash sales, by attendants, besides enabling remote monitoring of sales and inventory. Swyp works on locally available fuel dispensers - there's no need to overhaul.

01.01 Describe your project in more detail

Swyp is designed to work particularly by use of M-Pesa

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

Petrol stations in Africa face multiple challenges, including the inability to operate without attendants, high risks of theft at night due to cash handling outdoors, and expensive security measures. Additionally, staff pilferage and the need for constant supervision reduce profitability.

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. Petrol stations will reduce operation cost since they can reduce staff employed. 2. Petrol stations can work securely at night. 3. Petrol stations will increase the speed of serving customers. 4. Staff pilferage will be missed. 5. It will increase profitability. 6. Use of Swyp will lead to increased number of petrol stations in Africa.

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

1. Petrol stations will benefit by increasing profitability. 2. Transporters will benefit by assurance to get fuel at any time. 3. Community will benefit by a 24 hour economy to do business at any time.

01.05 When did you start working on your project?

2021-08-01

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.)

John Ouko - is an automation engineer and innovator with experience in product development that meets customer needs. https://www.linkedin.com/in/john-russel-ouko-5a351665?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app James Sigei - is a software developer with over 10 years experience. https://www.linkedin.com/in/james-sigei?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app Grace Ussenge - has 5 years experience in business development and branding. https://www.linkedin.com/in/graceussenge?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app

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

Website: https://www.swyp.co.ke Demo: https://www.swyp.co.ke/video/

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

Petrol station are an essential enable of many businesses. Availing fuel 24 hours a day, in many towns, even in remote areas will facilitate many businesses this eradicate poverty.

02.02.01 My project contributes to the Zero hunger goal

4

02.02.02 Zero hunger - Justification

With increased profitability, petrol stations can reduce prices - which can reduce cost of many items including farm inputs and food translation thus lead to zero hunger.

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

5

02.03.02 Good health and well-being - Justification

I came up with this idea after going through a life threatening experience. I was at Homa Bay and I needed urgent medical attention at night, 11:00 pm at a distant town, Kisumu. We had a private car, but all petrol stations, (including 2 Total Petrol Stations) were shut down at Homa Bay. Mum and dad tried to find fuel at Kendu bay. I reached Kisumu unconscious and when I recovered, I thought it wide to find a solution for the lack of fuel at night.

02.04.01 My project contributes to the Quality education goal

2

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

2

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

With fuel quickly available, even at night, many businesses will be able to operate at any time, this enabling decent work. With assured fuel in many places - many taxi and motorcycle can operate in every corner of the country both day and night leading to 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

Petrol stations' resilience will be promoted by this solution. The solution will also foster innovation in the transport sector.

02.10.01 My project contributes to the Reduced inequalities goal

2

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

A 24 hour city is a sustainable city - and this is really defined by translation which replies on accessibility to fuel at any time.

02.12.01 My project contributes to the Responsible consumption and production goal

2

02.12.02 Responsible consumption and production - Justification

02.13.01 My project contributes to the Climate action goal

2

02.13.02 Climate action - Justification

02.14.01 My project contributes to the Life below water goal

2

02.14.02 Life below water - Justification

02.15.01 My project contributes to the Life on land goal

2

02.15.02 Life on land - Justification

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

3

02.17.02 Partnerships for the goal - Justification

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

7 - Strongly Agree

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

3

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

2

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.

2

05.08 Justification

Self-service sales, paid by mobile money is entirely new in my country and most Africa countries. We are not building the whole project but working with some existing technologies. The mobile money payment edges the range of service by the product we are using. However much that there's cheap labor, at night the attendants are pushed to the limit this reducing performance - so self-service sales will meet the need that is not fully met.

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

1. Cheap labor by attendants. Swyp is better because it does not engage in pilferage. 2. Other forecourt controller suppliers are competitors - but we stand out by our tested and patented self-service sales technology.

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

Yes. I have given a number of my poor aunties bee hives to be additional source of income.