Tanzania - Business creation project

Décrivez votre projet en quelques mots

Our company empowers African businesses with cutting-edge Buy Now, Pay Later (BNPL) solutions specifically tailored for SMEs purchasing from wholesalers or industries. Our advanced fintech platform facilitates seamless installment payment options.

01.01 Décrivez votre projet en détail

Our company empowers African businesses by offering cutting-edge Buy Now, Pay Later (BNPL) solutions tailored for SMEs purchasing from wholesalers or industries. Our advanced fintech platform provides seamless installment payment options, allowing businesses to manage their cash flow more effectively. Integration with our comprehensive bookkeeping tools ensures accurate financial tracking and management. By acting as a catalyst for transformative change, we drive sustainable growth and increased efficiency for businesses across the continent.Through our services, we contribute significantly to Africa's economic development, enabling businesses to thrive in a competitive market. Our platform not only facilitates financial transactions but also supports businesses in building strong financial foundations, promoting long-term grow, stability and Growth.

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

1. Limited access to flexible financing options for SMEs. 2. Cash flow management challenges for businesses making large purchases. 3. Inefficient installment payment processes. 4. Lack of integrated financial management and bookkeeping tools. 5. Difficulties in navigating complex business transactions. 6. Barriers to sustainable growth and operational efficiency for SMEs. 7. Insufficient support for SMEs in driving economic development in Africa.

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

1. Improved Cash Flow Management: Our BNPL solutions enable SMEs to make essential purchases without immediate financial strain, allowing for better cash flow management and operational flexibility. 2. Seamless Installment Payments: The advanced fintech platform offers easy-to-use installment payment options, making it simpler for businesses to manage and plan their finances. 3. Integrated Bookkeeping Tools: The integration with comprehensive bookkeeping tools ensures accurate and efficient financial management, reducing the administrative burden on SMEs. 4. Enhanced Business Growth: By providing access to flexible financing and innovative payment solutions, we support sustainable growth and increased efficiency, helping businesses expand and thrive in a competitive market.

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

Our primary target market encompasses African SMEs, particularly in Zanzibar and Tanzania, where the market demand is substantial, with over 100,000 businesses opening annually. We aim to serve this dynamic and growing ecosystem by providing secure and innovative smart technology fintech solution tailored to the needs of small businesses seeking operational optimization and sustainable growth.

01.05 Quand avez-vous commencé à travailler sur votre projet ?

01/07/2022

01.06 Combien y a-t-il de propriétaires sur votre projet en plus de vous ?

2

01.07 Parmi les autres propriétaires, combien sont des femmes ?

1

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

1). Amer Faudh Abdalla   Role: Legal and Policy Affairs Marker   Age: 21 years old Background: Ameir is currently pursuing his studies in law at Mzumbe University, Ameir's dedication and insight into legal frameworks ensure that our operations adhere to the highest standards of compliance and ethical conduct. 2). Hafsa Thabit Amour Role: Record Keeper and Customer Relations Officer Age: 32 years old Background: Hafsa holds a Bachelor's Degree in Management of Social Development and an Ordinary Diploma in Records Management. This expertise shape her to our B2B BNPL fintech project, as it involves managing extensive data and ensuring the seamless operation of financial services tailored for SMEs. Hafsa currently she is a Civil Servant at Land Commission in Zanzibar.

01.09 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://www.instagram.com/fahad.thabit.amour?igsh=MTMyNDcxbTRwcHJnMw%3D%3D&utm_source=qr

01.10 Quel est le secteur d'activité qui décrit le mieux votre projet ?

g) Services financiers

02.01.01 Mon projet contribue à l'objectif 'Pas de pauvreté'

7 - Tout à fait d'accord

02.01.02 Justification de la contribution de mon projet

Our project supports the UN's first Sustainable Development Goal (No Poverty) by providing SMEs in Africa with access to flexible Buy Now, Pay Later (BNPL) financing solutions, which enable them to manage cash flow effectively and make essential purchases without immediate financial strain. By facilitating smoother financial operations and integrating advanced bookkeeping tools, we empower small and medium-sized enterprises to grow sustainably, create jobs, and enhance economic stability in their communities. This increased economic activity helps lift individuals and families out of poverty, contributing to broader economic development and improved living standards across the continent.

02.02.01 Mon projet contribue à l'objectif 'Faim Zéro'

7 - Tout à fait d'accord

02.02.02 Justification de la contribution de mon projet

Our project supports the United Nations' first Sustainable Development Goal (Zero Hunger) by providing SMEs, particularly those in the agricultural sector, with innovative Buy Now, Pay Later (BNPL) solutions. By enabling these businesses to access essential supplies and equipment without immediate financial burden, we enhance their productivity and efficiency. This improved access to resources allows agricultural businesses to increase their output and contribute to a more stable and abundant food supply. Additionally, our integrated bookkeeping tools help these businesses manage their finances better, ensuring they can sustain and grow their operations. Ultimately, our platform fosters a more resilient agricultural sector, contributing to food security and the reduction of hunger across the continent.

02.03.01 Mon projet contribue à l'objectif 'Bonne Santé et Bien Être'

7 - Tout à fait d'accord

02.03.02 Justification de la contribution de mon projet

Our project supports the UN's first Sustainable Development Goal (SDG) of good health and well-being by empowering African SMEs, particularly those in the health sector, with flexible Buy Now, Pay Later (BNPL) solutions. By facilitating access to necessary medical supplies and equipment without the immediate financial burden, healthcare providers can ensure a steady supply of essential resources. This improved financial flexibility enables them to maintain and enhance their services, contributing to better health outcomes. Furthermore, our integrated bookkeeping tools streamline financial management, allowing healthcare businesses to focus more on patient care and community health initiatives, ultimately promoting well-being across the continent.

02.04.01 Mon projet contribue à l'objectif 'Éducaiton de Qualité'

5

02.04.02 Justification de la contribution de mon projet

By providing cutting-edge Buy Now, Pay Later (BNPL) solutions tailored for SMEs purchasing from wholesalers or industries, our project indirectly supports the United Nations' first Sustainable Development Goal (SDG) of quality education. Access to flexible financing options and integrated bookkeeping tools empowers SMEs to invest in quality education and training for their employees, enhancing workforce skills and capabilities. Moreover, by fostering sustainable growth and efficiency for businesses, our solutions contribute to economic development, creating more opportunities for education and skill development within communities.

02.05.01 Mon projet contribue à l'objectif 'Égalité entre les Sexes'

7 - Tout à fait d'accord

02.05.02 Justification de la contribution de mon projet

By providing cutting-edge Buy Now, Pay Later (BNPL) solutions tailored for SMEs, our project contributes to UN's first Sustainable Development Goal (SDG) of gender equality by promoting financial inclusion for women entrepreneurs. Access to flexible financing options empowers women-owned businesses to overcome financial barriers and participate more actively in economic activities, thus fostering gender equality in entrepreneurship. Additionally, our integrated bookkeeping tools simplify financial management tasks, reducing administrative burdens and freeing up time for women entrepreneurs to focus on growing their businesses. Through these initiatives, our project plays a vital role in promoting gender equality and advancing women's economic empowerment in Africa.

02.06.01 Mon projet contribue à l'objectif 'Eau Propre et Assainissement'

4

02.06.02 Justification de la contribution de mon projet

02.07.01 Mon projet contribue à l'objectif 'Énergie Propre et Abordable'

4

02.07.02 Justification de la contribution de mon projet

02.08.01 Mon projet contribue à l'objectif 'Travail Décent et Croissance Économique'

7 - Tout à fait d'accord

02.08.02 Justification de la contribution de mon projet

Our project supports the United Nations' first Sustainable Development Goal (SDG) of "Decent Work and Economic Growth" by empowering SMEs with access to flexible financing options and innovative payment solutions. By providing cutting-edge Buy Now, Pay Later (BNPL) solutions tailored for SMEs purchasing from wholesalers or industries, we enable businesses to manage cash flow effectively and make essential purchases without immediate financial strain. This facilitates sustainable growth and increased efficiency, contributing to the creation of decent work opportunities and economic prosperity for SMEs across Africa. Through our solutions, we aim to foster a business environment where SMEs can thrive, drive economic development, and create meaningful employment opportunities, aligning with the UN's vision for inclusive and sustainable economic growth.

02.09.01 Mon projet contribue à l'objectif 'Industrie, Innovaiton et Infrastructure'

2

02.09.02 Justification de la contribution de mon projet

Our project contributes significantly to the United Nations' first Sustainable Development Goal (SDG) of "Industry, Innovation, and Infrastructure" by providing innovative fintech solutions tailored for SMEs in Africa. By empowering businesses with cutting-edge Buy Now, Pay Later (BNPL) options and integrating comprehensive bookkeeping tools, we facilitate efficient cash flow management, streamline payment processes, and enhance financial infrastructure for SMEs. This enables businesses to access flexible financing, navigate complex transactions, and ultimately drive sustainable growth and economic development across the continent. Through our solutions, we support the development of robust industry, foster innovation, and strengthen essential infrastructure, aligning closely with the objectives of SDG 9.

02.10.01 Mon projet contribue à l'objectif 'Réduction des Inégalités'

6

02.10.02 Justification de la contribution de mon projet

By providing cutting-edge Buy Now, Pay Later (BNPL) solutions tailored for small and medium-sized enterprises (SMEs) in Africa, our project contributes significantly to the United Nations Sustainable Development Goal (SDG) of reducing inequality. SMEs, often facing limited access to financing options compared to larger corporations, are disproportionately affected by financial inequalities. Our BNPL solutions level the playing field by offering flexible financing options that empower SMEs to make essential purchases without immediate financial strain. This increased access to financing enables SMEs to compete more effectively in the marketplace, fostering economic growth and reducing inequalities in access to capital and opportunities within the business landscape. Ultimately, by supporting the growth and sustainability of SMEs, our project plays a vital role in reducing economic disparities and promoting greater equality across African economies.

02.11.01 Mon projet contribue à l'objectif 'Villes et Communautés Durables'

4

02.11.02 Justification de la contribution de mon projet

02.12.01 Mon projet contribue à l'objectif 'Consommation et Production Responsable'

4

02.12.02 Justification de la contribution de mon projet

02.13.01 Mon projet contribue à l'objectif 'Luttle contre les Changements Climatiques'

7 - Tout à fait d'accord

02.13.02 Justification de la contribution de mon projet

We supports the United Nations Sustainable Development Goal (SDG) of climate action by promoting sustainable business practices. By empowering small and medium-sized enterprises (SMEs) in Africa with flexible financing options and innovative payment solutions, we enable them to invest in environmentally friendly technologies and practices. Additionally, by facilitating cashless transactions, our project helps preserve forests and reduce deforestation, as it minimizes the need for paper money production, thereby mitigating the environmental impact associated with currency printing. Through these initiatives, our project contributes to both economic empowerment and environmental sustainability, aligning with the broader objectives of the UN SDGs.

02.14.01 Mon projet contribue à l'objectif 'Vie Sous-Marine'

4

02.14.02 Justification de la contribution de mon projet

02.15.01 Mon projetp contribue à l'objectif 'Vie Terrestre'

3

02.15.02 Justification de la contribution de mon projet

02.16.01 Mon projet contribue à l'objectif 'Paix, Justice et Institutions Efficaces'

6

02.16.02 Justification de la contribution de mon projet

In regions where access to financing is limited, SMEs often face challenges in accessing fair and equitable financial services, which can lead to economic disparities and social instability. By offering flexible financing options and innovative payment solutions, our project promotes economic inclusion and strengthens institutions by abolishing the walls of mistrust between parties, fostering a more equitable business environment. This not only supports the growth and sustainability of SMEs but also contributes to building resilient and just societies, ultimately advancing peace and stability across African communities.

02.17.01 Mon projet contribue à l'objectif 'Parteneriats pour la Réalisation des Objectifs'

7 - Tout à fait d'accord

02.17.02 Justification de la contribution de mon projet

Our project supports the United Nations Sustainable Development Goal (SDG) of "Partnership for the Goals" by fostering collaboration and partnerships across various sectors. By providing cutting-edge Buy Now, Pay Later (BNPL) solutions tailored for small and medium-sized enterprises (SMEs) in Africa, we actively engage with financial institutions, technology providers, government agencies, and other stakeholders to create a supportive ecosystem for economic development. Through strategic partnerships, we enhance access to financing, technology, and expertise, driving innovation and sustainable growth within the business community. By working together with diverse partners, we leverage collective resources and expertise to address complex challenges and advance progress towards shared goals. This collaborative approach exemplifies our commitment to fostering partnerships that promote inclusive and sustainable development, aligning with the principles of SDG 17.

05.01 Il existe un grand nombre de clients qui utilisent déjà un produit/service très similaire à celui que nous envisageons de créer.

5

05.02 Le produit/service que nous voulons créer représente un type de produit/service entièrement nouveau

7 - Tout à fait d'accord

05.03 Le produit/service que nous voulons créer pourrait être décrit comme une nouvelle technologie

5

05.04 Le produit/service que nous voulons créer est une amélioration d'un produit ou d'un service existant

7 - Tout à fait d'accord

05.05 Le produit/service que nous voulons créer pourrait être décrit comme une extension d'une gamme de produits ou de services

7 - Tout à fait d'accord

05.06 Le produit/service que nous voulons créer 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

05.07 Le produit/service que nous voulons créer est une nouvelle version d'un ancien produit/service

1 - Pas du tout d'accord

05.08 Justification de mon projet

Our project stands out as unique and innovative due to its focus on providing tailored Buy Now, Pay Later (BNPL) solutions for small and medium-sized enterprises (SMEs) in Africa. Unlike traditional financing methods, our BNPL service addresses the specific needs of SMEs by offering flexible installment payment options for purchasing inventory from wholesalers and industries. What sets us apart is our comprehensive approach, which combines BNPL with integrated bookkeeping tools, streamlining financial management and empowering businesses to thrive. Additionally, our commitment to continuous research and development ensures that we stay ahead of the curve, pioneering transformative technologies that drive sustainable growth and economic development across various sectors. Through our innovative approach and dedication to empowering African businesses, we are redefining the landscape of financial services and contributing to the region's prosperity and progress.

05.09 Qui sont vos principaux potentiels concurrents et qu'est-ce qui vous différencie d'eux ?

Our primary competitors encompass cash transactions, which dominate over 90% of all financial activities in our region, as well as trust and microfinance institutions. Despite their prevalence, these traditional methods lack the tailored flexibility and comprehensive financial support our BNPL solutions offer. Unlike cash transactions, our BNPL services provide SMEs with adaptable financing options, empowering them to manage their finances more effectively. Moreover, our integrated approach, merging BNPL with comprehensive bookkeeping tools, establishes a seamless financial ecosystem precisely attuned to SME needs. By challenging these conventional competitors with our innovative solutions, we strive to revolutionize SME financing and spur economic growth across the region.

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

Yes, I have been actively involved in initiatives to promote the role of female entrepreneurs within my community. For instance, in 2018, I served as the Chief Information Officer at the Youth of United Nations Association High School Club, where I led efforts to promote the Sustainable Development Goals (SDGs), particularly focusing on gender equality and women's empowerment. Additionally, I currently hold the position of Youth Secretary at a youth community within the ruling party in Tanzania (CCM), where I am dedicated to advocating for youth empowerment and promoting opportunities for women's participation and advancement in all sectors.