Zambia - Startup under 3 years old

Décrivez votre projet en quelques mots

Liable HUT Services is a cutting-edge financial technology company and a forward thinking startup that is dedicated to revolutionizing the lending industry and promote financial inclusion through other various services.

01.01 Décrivez votre startup en détail

Liable HUT Services is a cutting-edge financial technology company and a forward thinking startup that is dedicated to revolutionizing the lending industry. We leverage advanced technology, data analytics, and innovative financial products to provide seamless and efficient lending services to individuals and small businesses. The goal is to democratize access to credit and empower our customers to achieve their financial goals. We are determined to offer the best for our users and promote financial inclusion, because of this our enterprise intends to add more financial services such as accounting systems, point of sales systems, trading applications, send and receive money application to mention a few.

01.02 Quel est le problème principal que vous essayez de résoudre ?

In our country, for an SME to have their business thrive and grow they need easy access to funds as the forex market trends a seasonal. This current financial challenge has caused a lot of SME`s mismanage funds among themselves because of limited access to comprehensive financial advisory services. Our SME`s have inadequate financial literacy which leads to poor financial decisions. Not only having proper financial advisory, accessing funds to sustain business is something crucial that our SME`s are going through. Statistics show clearly that the Gross National Product of Zambia has been declining/ fluctuating for over a decade because of the same reason which influences the buyers needs and making it difficult for SME`s. PAIN POINTS 1. Lack of transparency and hidden fees in financial services 2. Time consuming processes and slow response time 3. Inadequate financial literacy leading to poor financial decisions among SME`s 4. High interest rate which only benefits the lenders etc

01.03 Dites-nous quels sont les principaux avantages et/ou bénéfices de l'utilisation du produit/service fourni par votre startup (au moins 3).

Our enterprise is well thoughtful and packaged brand that positions it self as the go to for our consumers for various benefits as mentioned: 1. In as much as our business is a profit making business, our interest is not entirely based on profit maximization but to ensure every clients end result is met. We do so by ensuring we offer premium hands on experience on business development as a result our customers benefit and run their businesses for growth and success which also results in the contribution to the economic growth. 2. We understand the frustration of citizens because of not being employed or not having adequate funds to sustain individual businesses which is most cases results to individuals start abusing drugs or involve in other prohibited acts just as a way to earn a living. To ensure and prevent from such from happening, we have extended our operations to every type of individual and help them so as they benefit and focus on doing business other than illegal acts, etc

01.04 Veuillez décrire précisément à qui s'adresse le produit/service de votre startup. Quels sont les bénéficiaires visés ?

Our country Zambia is a 752,614 square kilometer country and is sparsely populated with 23 people per square kilometer and of which 15 out of 23 people are smart phone users. Smartphone users are seeking convenient digital transactions and small business owners are in need of accessible funds at their fingertips around the country because of lack of employment. This integrated approach targets the growing demand for seamless financial services. With Zambia`s increasing smartphone penetration, this combined market presents a substantial opportunity for our enterprise to provide comprehensive financial solutions to more customers. Because our target market consists of marketeers, general traders and individuals who are in the formal sector, we understand their desired end results as they are building generational wealth. In summary our business targets every business owner, be it marketeers, general traders and individuals in the formal and informal employment .

01.05 Quand votre entreprise a-t-elle été créée ?

03/07/2021

01.06 Vendez-vous déjà votre produit/service ?

Oui

01.07 Combien y a-t-il de propriétaires de votre entreprise en plus de vous ?

3

01.08 Parmi les autres propriétaires, combien sont des femmes ?

2

01.09 Veuillez décrire le profil des autres propriétaires de votre startup (compétences, expérience, etc.).

Liable HUT Services was found by Mr. Tevin Mumba who is currently serving the business as the Chief Executive officer with 5 years work experience in the industry. Mr. Mumba is an accountant by profession as well as a business acumen individual spearheading the business. The co-founder of the business is Mr. Joseph Mumbi who has over 8 years work experience in business support development. Mr. Mumbi is currently serving the business as the Chief operations officer because of his understanding of business support development as his profession is in line with the role his playing. Our Chief Financial officer is Ms. Sylvia Mwamba a well proactive and business acumen individual, accountant by profession serving the business diligently through her skills and 10 years experience. Our secretary and manager is Ms. Judith Mumbi who has 3 years experience in secretariate. Because of her immense and sound mind and skills, she has been able to serve the business diligently and effectively.

01.10 Si vous avez un site web, une page sur les médias sociaux (Facebook, Instagram, Linkedin...) ou une application, veuillez fournir le(s) lien(s) ici :

https://liablehuts.web.app/

01.11 Quel est le secteur d'activité qui décrit le mieux votre entreprise ?

Services financiers

02.01.01 Ma startup contribue à l'objectif 'Pas de pauvreté'

7 - tout à fait d'accord

02.01.02 Justification de la contribution de ma startup

Because our enterprise is providing access to funds and other financial services and products to every business owner for business sustainability for individuals, majority of them do not have access to funds to sustain their businesses and because of this businesses are closing up. Having a number of individuals in businesses will contribute to economic growth, eliminate poverty in a lot of homes, communities and the nation at large.

02.02.01 Ma startup contribue à l'objectif 'Faim Zéro'

4

02.02.02 Justification de la contribution de ma startup

02.03.01 Ma startup contribue à l'objectif 'Bonne Santé et Bien Être'

4

02.03.02 Justification de la contribution de ma startup

02.04.01 Ma startup contribue à l'objectif 'Éducation de Qualité'

5

02.04.02 Justification de la contribution de ma startup

Majority of individuals that are running businesses are not business acumen individuals and because of lack of proper knowledge they do not make sound decisions for business growth and in most cases, businesses close down. By offering them with business support development at freemium and premium will enable our consumers gain more insight of the business industry they involve themselves and know how to position themselves for development and growth

02.05.01 Ma startup contribue à l'objectif 'Égalité entre les Sexes'

4

02.05.02 Justification de la contribution de ma startup

02.06.01 Ma startup contribue à l'objectif 'Eau Propre et Assainissement'

4

02.06.02 Justification de la contribution de ma startup

02.07.01 Ma startup contribue à l'objectif 'Énergie Propre et Abordable'

4

02.07.02 Justification de la contribution de ma startup

02.08.01 Ma startup contribue à l'objectif 'Travail Décent et Croissance Économique'

4

02.08.02 Justification de la contribution de ma startup

02.09.01 Ma startup contribue à l'objectif 'Industrie, Innovation et Infrastructure'

4

02.09.02 Justification de la contribution de ma startup

02.10.01 Ma startup contribue à l'objectif 'Réduction des Inégalités'

4

02.10.02 Justification de la contribution de ma startup

02.11.01 Ma startup contribue à l'objectif 'Villes et Communautés Durables'

4

02.11.02 Justification de la contribution de ma startup

02.12.01 Ma startup contribue à l'objectif 'Consommation et Production Responsables'

4

02.12.02 Justification de la contribution de ma startup

02.13.01 Ma startup contribue à l'objectif 'Lutte contre les Changements Climatiques'

4

02.13.02 Justification de la contribution de ma startup

02.14.01 Ma startup contribue à l'objectif 'Vie Sous-Marine'

4

02.14.02 Justification de la contribution de ma startup

02.15.01 Ma startup contribue à l'objectif 'Vie Terrestre'

4

02.15.02 Justification de la contribution de ma startup

02.16.01 Ma startup contribue à l'objectif 'Paix, Justice et Institutions Efficaces'

4

02.16.02 Justification de la contribution de ma startup

02.17.01 Ma startup contribue à l'objectif 'Parteneriats pour la Réalisation des Objectifs'

4

02.17.02 Justification de la contribution de ma startup

06.01 Un grand nombre de clients utilisent déjà un produit/service très similaire au nôtre.

7 = Tout à fait d'accord

06.02 Notre produit/service représente un type de produit/service entièrement nouveau

7 - Tout à fait d'accord

06.03 Notre produit/service pourrait être décrit comme une nouvelle technologie

3

06.04 Notre produit/service est une amélioration d'un produit ou d'un service existant

7 - Tout à fait d'accord

06.05 Notre produit/service pourrait être décrit comme une extension d'une gamme de produits ou de services

7 - Tout à fait d'accord

06.06 Notre produit/service répond à une demande ou à un besoin qui n'a pas été satisfait par d'autres produits/services.

7 - Tout à fait d'accord

06.07 Notre produit/service est une nouvelle version d'un ancien produit/service

4

06.08 Justification

A large number of customers are using such services because we have other fintech start ups offering almost the same services. Nonetheless, our services and products are new because we are offering a combination of various services in one that our competitors are not offering and without being selective as to whom they can be offered to. Yes our services are designed to improve the lives of people by ensuring that everyone attains financial freedom because we are revolutionizing the lending industry and promote financial inclusion

06.09 Analyse compétitive

COMPETITORS 1. Traditional financial advisors and banks 2. Online financial service platforms COMPETITIVE ADVANTAGE 1. We are offering tailored made loans and other financial products based on the needs of every client while adhering to our credit and operations policy 2. Because we want to offer our best to our users, we ensure that we give faster and more personalized delivery to our clients 3. Because we want to have everyone involved our services are not restrictive to only a particular type of business group 4. To remain relevant and for us to scale, we are offering financial products that our competitors are not offering such as a freemium subscription on business support development. 5. We do not just want to generate income as a business, we are also interested in mitigating poverty levels and contribute to the growth of our country is why we have low interest rates than all our identified competitors to ensure we have a large share of the market to serve.

11.05 Menez-vous des actions au sein de votre communauté pour promouvoir le rôle des femmes entrepreneurs ?