Kenya - Startup under 3 years old

Décrivez votre projet en quelques mots

Cach Finance is a fintech startup and crowdfunding platform connecting African startups, CBOs, and SMEs, with both sophisticated and retail investors, aiming to simplify access to capital.

01.01 Décrivez votre startup en détail

Cach Finance is a fintech startup dedicated to revolutionizing access to capital for African businesses by bridging the gap between local startups and investors through a crowdfunding platform. Our mission is to foster economic growth by enabling the flow of local capital into promising ventures across key sectors such as Agriculture, Fintech, Entertainment, and Social. With a vision to become a central hub for stakeholders in the African business and investment ecosystem, we aim to onboard 200 community-based organizations (CBOs) in our first year, engaging 50 startups and identifying at least 100 fundable projects. Our unique approach focuses on traditional marketing methods, regional community outreach, and comprehensive due diligence processes to ensure investment readiness. Embracing the slogan "Umoja ni nguvu," which means "Unity is strength," Cach Finance promotes collaboration and unity within African communities to achieve common goals and drive sustainable development.

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

The main problem Cach Finance aims to solve is the significant barrier to capital access for African startups SMEs, and community-based organizations (CBOs). Many promising ventures in Africa struggle to secure funding due to a lack of connections with potential investors and a complex, fragmented financial ecosystem. This limits their growth potential and stifles economic development. By providing a crowdfunding platform that connects local businesses with investors, we address these challenges by simplifying the capital acquisition process, ensuring comprehensive due diligence, and fostering investment readiness. Our approach empowers startups, SMEs, and CBOs to secure the necessary funds to grow and thrive, driving sustainable development and economic growth across the continent. Through traditional marketing and community outreach, we ensure that even the most underserved regions gain access to our platform, promoting inclusivity and unity in the African business ecosystem.

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).

Cach Finance simplifies the process of securing funding for African startups, SMEs and community-based organizations (CBOs) by connecting them directly with investors through a user-friendly crowdfunding platform. This opens up new opportunities for growth and development in key sectors. Furthermore, our platform offers extensive due diligence and investment readiness support, ensuring that startups, SMEs and CBOs are well-prepared to attract and manage investments. This reduces risks for investors and increases the likelihood of successful funding. Also, by focusing on traditional marketing and regional outreach, Cach Finance ensures inclusivity and accessibility, even in underserved areas.

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

1. Entrepreneurs and new businesses across key sectors such as Agriculture, Fintech, Education, Healthcare, Entertainment, and Social, who need funding to scale their operations and realize their potential. 2. Grassroots organizations that work closely with local communities to drive social and economic development. These CBOs often lack access to traditional financing avenues and benefit significantly from the crowdfunding opportunities we provide. 3. Individuals and entities within Africa looking to invest in promising local ventures. Our platform offers them a streamlined process to discover, evaluate, and invest in startups and CBOs, contributing to regional economic growth and development.

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

01/01/2024

01.06 Vendez-vous déjà votre produit/service ?

Non

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 ?

0

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

Eric Kinuthia, brings extensive experience in the cryptocurrency space, including NFT project development from start to minting. His expertise in forex trading adds a strong financial acumen to our team, enabling us to navigate complex market dynamics and implement innovative financial solutions. William, excels in NFT projects, particularly in community management and marketing. His ability to build and engage communities around digital assets is crucial for our outreach and growth strategies.

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://linktr.ee/cachfinance, www.cach.finance

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'

6

02.01.02 Justification de la contribution de ma startup

Cach Finance contributes to the "No Poverty" goal by providing African startups and community-based organizations (CBOs) with access to much-needed capital. By enabling these entities to secure funding through our crowdfunding platform, we empower them to create jobs, improve livelihoods, and stimulate economic growth within their communities. Our focus on sectors such as Agriculture, Education, and Healthcare directly addresses poverty by enhancing food security, providing educational opportunities, and improving health outcomes. Additionally, our emphasis on supporting CBOs ensures that grassroots initiatives aimed at poverty reduction receive the financial backing they need to make a significant impact. By fostering economic development and promoting inclusive growth, Cach Finance plays a crucial role in reducing poverty and enhancing the quality of life for many individuals in underserved regions.

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

6

02.02.02 Justification de la contribution de ma startup

Cach Finance contributes to the "Zero Hunger" goal by supporting startups and community-based organizations (CBOs) focused on agriculture and food security. By providing these entities with access to capital through our crowdfunding platform, we enable them to scale their operations, adopt sustainable agricultural practices, and improve food production. This directly contributes to ending hunger and achieving food security in their communities. Our platform also promotes innovative solutions in agriculture that enhance nutrition and promote sustainable farming methods, ensuring long-term food security. By empowering local farmers and agricultural businesses, we help create resilient food systems that can withstand economic and environmental challenges, ultimately contributing to the eradication of hunger and malnutrition.

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

6

02.03.02 Justification de la contribution de ma startup

Cach Finance contributes to the "Good Health and Well-being" goal by enabling healthcare startups and community-based organizations (CBOs) to access the capital they need to provide essential health services and innovations. Through our crowdfunding platform, we support initiatives that improve healthcare infrastructure, increase access to medical services, and promote health education in underserved communities. By funding projects that focus on preventive care, maternal and child health, and chronic disease management, we enhance the overall well-being of individuals at all ages. Additionally, our platform supports the development and distribution of health technologies and solutions that address specific local health challenges, ensuring that quality healthcare is accessible and affordable for everyone. This holistic approach helps in reducing health disparities and promoting a healthier population.

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

6

02.04.02 Justification de la contribution de ma startup

Cach Finance contributes to the "Quality Education" goal by facilitating access to capital for startups and community-based organizations (CBOs) focused on educational initiatives. Through our crowdfunding platform, we support projects that enhance educational infrastructure, provide resources for schools, and develop innovative learning tools and programs. Our focus on funding education-related ventures ensures that quality educational opportunities are available to all, particularly in underserved and rural areas. By supporting initiatives that promote inclusive and equitable education, we help bridge the educational gap and foster lifelong learning opportunities. Additionally, we empower educators and educational entrepreneurs to implement impactful solutions that improve teaching and learning outcomes, ultimately contributing to the development of a well-educated and skilled population.

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

6

02.05.02 Justification de la contribution de ma startup

Cach Finance contributes to the "Gender Equality" goal by providing targeted support to startups, SMEs, and CBOs that focus on empowering women and girls. Our crowdfunding platform ensures that female entrepreneurs and women-led initiatives have equal access to funding, enabling them to launch and grow their ventures. By promoting gender-inclusive investment opportunities, we help bridge the gender gap in entrepreneurship and economic participation. Additionally, we support projects that address gender-specific challenges, such as education for girls, women's health, and economic empowerment programs. By fostering a supportive environment for women-led businesses and initiatives, we empower women and girls to achieve their full potential and contribute to sustainable development, thereby promoting gender equality and reducing disparities in opportunities and outcomes.

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

5

02.06.02 Justification de la contribution de ma startup

Cach Finance somewhat contributes to the "Clean Water and Sanitation" goal by supporting startups, SMEs, and CBOs that develop and implement solutions for sustainable water management and sanitation. Through our crowdfunding platform, we enable these entities to secure the necessary funds to create projects focused on improving water quality, expanding access to clean water, and enhancing sanitation infrastructure. By providing financial backing to initiatives that promote efficient water usage, water conservation, and innovative sanitation solutions, we help address the critical issues related to water scarcity and sanitation in underserved communities. While our primary focus is not on water and sanitation, we recognize the importance of these areas and support relevant projects that contribute to ensuring the availability and sustainable management of water and sanitation for all.

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

5

02.07.02 Justification de la contribution de ma startup

Cach Finance somewhat contributes to the "Affordable and Clean Energy" goal by supporting startups, SMEs, and CBOs that focus on innovative energy solutions. Our crowdfunding platform enables these entities to secure funding for projects aimed at developing and deploying renewable energy technologies, improving energy efficiency, and expanding access to affordable and sustainable energy sources in underserved areas. While our primary focus is on broader economic development, we recognize the critical role of clean energy in driving sustainable growth and improving quality of life. By backing initiatives that promote the use of solar, wind, and other renewable energy sources, as well as energy-saving technologies, we help ensure that communities have access to reliable, affordable, and modern energy solutions, contributing to the overall goal of sustainable energy for all.

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

7 - tout à fait d'accord

02.08.02 Justification de la contribution de ma startup

By enabling these entities to secure funding through our crowdfunding platform, we empower them to create jobs, enhance productivity, and drive sustainable economic growth within their communities. Our support for entrepreneurial ventures helps stimulate innovation, increase competitiveness, and promote economic diversification. Additionally, we focus on promoting inclusive growth by ensuring that even underserved regions and marginalized groups have access to funding opportunities. By fostering a vibrant business ecosystem and supporting initiatives that offer fair wages, safe working conditions, and opportunities for skill development, Cach Finance plays a crucial role in promoting full and productive employment and decent work for all.

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

6

02.09.02 Justification de la contribution de ma startup

Our crowdfunding platform enables these entities to access the capital needed to build and upgrade essential infrastructure, adopt advanced technologies, and implement innovative solutions that drive sustainable industrialization. By supporting projects that enhance connectivity, improve transportation, and promote sustainable industrial practices, we help create a more inclusive and robust industrial sector. Additionally, our emphasis on funding innovative startups encourages the development of new products, services, and business models that contribute to economic growth and resilience.

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

6

02.10.02 Justification de la contribution de ma startup

Our crowdfunding platform ensures that even marginalized and underserved communities have the opportunity to secure capital for their ventures, promoting inclusive economic participation. By supporting projects that address social, economic, and geographic disparities, we help reduce inequalities within and among countries. Our focus on sectors such as education, healthcare, and agriculture further ensures that vulnerable populations benefit from improved services and opportunities. Additionally, we promote gender equality by providing targeted support for women-led businesses and initiatives. Through these efforts, Cach Finance fosters a more inclusive and equitable business environment, contributing to the reduction of inequalities and the creation of a fairer society where everyone has the chance to thrive.

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

6

02.11.02 Justification de la contribution de ma startup

Cach Finance contributes to the "Sustainable Cities and Communities" goal by supporting startups, SMEs, and community-based organizations (CBOs) that focus on creating inclusive, safe, resilient, and sustainable urban and rural environments. Through our crowdfunding platform, we enable these entities to secure funding for projects that improve urban infrastructure, enhance public services, and promote sustainable development practices. This includes initiatives related to affordable housing, renewable energy, efficient transportation systems, and waste management. By funding projects that prioritize inclusivity and resilience, we help build communities that can better withstand social, economic, and environmental challenges. Additionally, our support for innovation in urban planning and community development ensures that cities and settlements are designed to meet the needs of all residents, fostering a higher quality of life and sustainable growth.

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

5

02.12.02 Justification de la contribution de ma startup

Cach Finance somewhat contributes to the "Responsible Consumption and Production" goal by supporting startups, SMEs, and community-based organizations (CBOs) that focus on sustainable practices and the circular economy. Our crowdfunding platform enables these entities to access capital for projects that promote efficient resource use, waste reduction, and sustainable production methods. By backing initiatives that prioritize eco-friendly products, recycling, and the reuse of materials, we help foster a culture of sustainability among businesses and consumers. While our primary focus is on economic development, we recognize the importance of sustainable consumption and production patterns and support relevant projects that contribute to these goals.

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

5

02.13.02 Justification de la contribution de ma startup

Cach Finance somewhat contributes to the "Climate Action" goal by supporting startups, SMEs, and community-based organizations (CBOs) that focus on environmental sustainability and climate resilience. Through our crowdfunding platform, we enable these entities to secure funding for projects that mitigate climate change impacts, such as renewable energy initiatives, reforestation projects, and sustainable agricultural practices. By promoting eco-friendly business models and encouraging the adoption of green technologies, we help reduce carbon footprints and enhance climate resilience.

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

4

02.14.02 Justification de la contribution de ma startup

While Cach Finance's primary focus is not directly related to marine conservation, we acknowledge the importance of sustainable use and conservation of marine resources. Our platform supports startups, SMEs, and community-based organizations (CBOs) that might indirectly contribute to this goal by promoting sustainable practices in sectors that affect marine environments, such as agriculture, waste management, and renewable energy. For instance, funding projects that reduce plastic waste, implement sustainable fishing practices, or develop eco-friendly products can have positive impacts on marine ecosystems. However, our contributions to this specific goal are more indirect and less prominent compared to other SDGs.

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

5

02.15.02 Justification de la contribution de ma startup

Cach Finance somewhat contributes to the "Life on Land" goal by supporting startups, SMEs, and community-based organizations (CBOs) that focus on sustainable land use, forest management, and biodiversity conservation. Our crowdfunding platform enables these entities to access the necessary funding for projects aimed at reforestation, combating desertification, and promoting sustainable agricultural practices. By backing initiatives that focus on protecting and restoring terrestrial ecosystems, we help mitigate land degradation and preserve biodiversity. While our primary focus is on economic development, we recognize the critical importance of sustainable land management and support relevant projects that contribute to this goal.

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

6

02.16.02 Justification de la contribution de ma startup

Cach Finance contributes to the "Peace, Justice, and Strong Institutions" goal by fostering inclusive and transparent business practices that promote accountability and trust. Through our crowdfunding platform, we support startups, SMEs, and community-based organizations (CBOs) that prioritize ethical standards and community engagement. By providing access to capital for initiatives that enhance social cohesion and support community development, we contribute to the creation of peaceful and inclusive societies. Additionally, we ensure that our operations and the projects we fund adhere to principles of good governance, fairness, and accountability, promoting strong institutional frameworks. Our emphasis on inclusivity ensures that marginalized groups have equal opportunities to benefit from economic growth and development, further reinforcing social stability and justice.

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

7 - tout à fait d'accord

02.17.02 Justification de la contribution de ma startup

Cach Finance strongly contributes to the "Partnerships for the Goal" by actively fostering collaborations between various stakeholders within the African business and investment ecosystem. Our crowdfunding platform connects startups, SMEs, community-based organizations (CBOs), investors, and other key players, creating a network that enhances the flow of capital and resources. By promoting cooperation and partnership, we help mobilize financial support, technical expertise, and knowledge sharing that are critical for sustainable development. Our commitment to inclusivity ensures that all participants, regardless of their background, have equal opportunities to engage and benefit from these partnerships. Furthermore, we align our strategies with the United Nations Sustainable Development Goals (SDGs), reinforcing our role in the global effort to achieve these targets.

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

3

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

7 - Tout à fait d'accord

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

6

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

5

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

4

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

2

06.08 Justification

Cach Finance is innovative in its approach to providing access to capital for African ventures through a crowdfunding platform that is tailored to the unique needs of the African market. While similar platforms exist, our service stands out by focusing specifically on underrepresented and underserved regions, ensuring inclusivity and equity in funding opportunities. We enhance existing crowdfunding models by incorporating comprehensive due diligence and investment readiness support, making it easier for businesses to attract and manage investments effectively. Additionally, our emphasis on traditional marketing and regional outreach ensures that even the most remote communities can benefit from our services. This combination of targeted focus, enhanced support, and inclusive approach addresses a significant gap in the market, responding to unmet demands for accessible, reliable, and effective funding solutions for African ventures.

06.09 Analyse compétitive

Our main potential competitors include platforms like M-Changa, Kiva, and PesaPal, which offer crowdfunding and financial services in the region. What sets Cach Finance apart is our focus on profitable ventures and our emphasis on local investment. Unlike our competitors, we prioritize funding projects that directly benefit local communities, fostering sustainable development and growth. Additionally, our platform integrates comprehensive support services, including investment readiness and business development coaching, ensuring that ventures are well-prepared to utilize the funds effectively and maximize their impact.

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

We plan to offer mentorship programs where experienced female entrepreneurs and industry leaders provide guidance and support to aspiring female entrepreneurs. These programs include workshops, seminars, and one-on-one mentoring sessions to help women develop their business skills and leadership qualities. We also plan to actively promote the success stories of female entrepreneurs through our marketing channels and social media platforms. By highlighting their achievements and contributions, we aim to inspire other women to pursue entrepreneurship and challenge societal norms.