Uganda - Business creation project

Décrivez votre projet en quelques mots

Gold safe aims to empower drivers and riders with options of saving for tough times when they may fail to afford fuel and energy related services. It also permits its constant users to acquire loans specifically for fuel, energy and transport services.

01.01 Décrivez votre projet en détail

The “gold safe” is basically a digital savings and money lender that targets drivers of cars and motorcycles by availing them with a digital safe where they can save money for fuel and energy related services. This money saves them during tough times when they are unable to afford fuel and other energy services for example motorcycle and car mechanical repairs. The gold safe will also lend money to its constant users for fuel and other energy related services basing on the record of the client. The gold safe will also be able to receive payment from the customers of our clients (motorcyclists and drivers) because some of them may choose to save specific transactions to the safe depending on the sales they have made on a particular day. This project is open to scale and advance to other sectors as we save our environment by fighting out cash money that has led to counterfeit, easy spread of diseases like red eye etc and gold safe simplifies transactions through speed and traceability.

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

According to the global climate action plan, one of the major challenges facing the Ugandan transport sector is the prevalence of motorized vehicles. Motorcycles dominate, followed by passenger vehicles (buses, minibuses and cars). The number of vehicles is growing rapidly with an average increase of more than 10% per year and this calls for solutions that will prevent impunity among road users and transporters due to congestion. I am solving SDG one zero poverty by providing a digital savings platform for users and availing loans to gold safe constant users for operational costs, SDG 11 sustainable cities and communities by reducing congestion and delays (search for changed cash money) through digital transactions and supporting the motorists with affordable means of maintenance and operation costs , SDG 13 climate action by prevention of unnecessary gas emissions by motorists due to poor mechanical conditions through saving for emergency into and accessing loans from the gold safe.

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).

Gold safe will enable its users to save for affordable energy, acquire loans during difficult times for specifically energy related services for example during back to school season, many motorists who survive from hand to mouth may access money from savings groups and banks for school fees purposes and yet fail to maintain operations of their businesses at such times. Gold safe lowers chances of disease transmission for example red eye that has been viral in Uganda lately. Traders who use cash are more exposed to such diseases than those using cashless transactions. Gold safe prevents delay and reduces congestion as it enables both the motorists and their clients to transact digitally hence preventing saving time for example (in search of changed cash money) Gold safe prevents loss of money/hard cash to pickpocketters, counterfeit, etcetera and instead boosts the digital wallet of its users thus increasing their chances of acquiring support in form of loans during emergency.

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

The targeted beneficiaries of my project are motorists (drivers and motorcyclists) who are full time employees in the transport sector and also passengers who will make transactions to the motorists on gold safe. Traders, workers on payment roll, etcetera are target groups too at a certain stage of the project.

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

01/10/2023

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

0

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. IMONGOT CLAUDIA (Public Health Expert/Creative arts enthuthiast) AGE: 29 years D.O.B: 24th April, 1995. EMAIL: claudiaimongot@gmail.com SKILLS - Research and strategy - Computer skills - Emotional intelligence - Team work and team building - Public speaking - Decision making EXPERIENCE - 2015-2016: Worked as a research assistant at Clinton Health Access Initiative, Kampala. - 2016-2017: Worked as a research assistant at TWAWEZA East Africa - 2018: An intern at AIDS Information Centre, Kampala head office. - 2019 to date: Founded Imo international carnival and events limited to promote foreign culture across East Africa. - 2022-2024: Appointed to serve at the gender committee of the Commonwealth Youth Council for Africa - Appointed the Ugandan youth representative to the UNESCO Youth Forum.

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.facebook.com/profile.php?id=100063690777246

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

My startup targets the less privileged in the transport sector for example Boda Boda riders(motorcyclists) and taxi/minibus drivers who majorly feed on hand to mouth hustle. My project will enable these groups and also their clients to plan ahead for example an average Ugandan may be earning about 500.000 ugx and putting money in the gold safe means they have secured a means to travel to work and are eligible to borrow in case they run short of their savings.

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

5

02.02.02 Justification de la contribution de mon projet

When the motorists have access to money through their savings and loans for maintenance and operations, it helps us achieve zero hunger as a sustainable development goal because they will be able to constantly generate income for their welfare and for their families.

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

Providing access to loans for operational and maintenance costs prevents unnecessary gas emissions due to poor mechanical conditions hence prevents air borne diseases like whooping cough and also savings by both motorists and passengers enables cashless transactions which prevent contagious diseases like red eye which has been prevalent in Uganda for example.

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

3

02.04.02 Justification de la contribution de mon projet

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

In Uganda, women and girls have severally exempted themselves from specific jobs like driving and riding. It is very scarce to get a female motorist but my project interestingly will have discounts for women and girls who are motorists (entrepreneurs) in order to motivate others to make a difference in the transport industry and also develop high self esteem.

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

5

02.06.02 Justification de la contribution de mon projet

My project somehow implements clean water and sanitation as its advocating for a clean environment by preventing unnecessary gas emissions as the motorists will be able to do maintenance and repair with the gold safe savings. Reducing of congestion also promotes sanitation as authorities are alert and hold anyone who risks society accountable.

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

7 - Tout à fait d'accord

02.07.02 Justification de la contribution de mon projet

Gold safe specifically is simplifying access to affordable and clean energy (fuel, gas,etc), through savings and access to loans for maintenance and operation costs for motorists. Every consumer of the gold safe service benefits from affordable services through our to be partners like petrol stations.

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

Gold safe has simplified work for motorists because they can all receive transactions on gold safe without having the stress of looking for changed money for clients for example in Kampala, several boda boda (motorcyclists) park their bikes in order to look for changed money (balance) for their clients, this causes congestion and gold safe is here to promote descent work. It also promotes economic growth as it prevents counterfeit (fake money in the market), we also will boost our country’s revenue through transactions in gold safe.

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

7 - Tout à fait d'accord

02.09.02 Justification de la contribution de mon projet

Gold safe highly promotes industry innovation and infrastructure as it simplifies innovation even in the most rural business. It enables motorists even in the most rural areas to embrace technology as there will be an Unstructured Supplementary Code for users of analogue phones to access gold safe services as well.

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

7 - Tout à fait d'accord

02.10.02 Justification de la contribution de mon projet

Gold safe reduces inequality in a way that even those who do not have access to internet can transact on analogue using the Unstructured Supplementary Code. This means that even the most rural person can be a beneficiary of the gold safe.

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

7 - Tout à fait d'accord

02.11.02 Justification de la contribution de mon projet

Gold safe contributes to the sustainable cities and communities by preventing congestion and delays for example between motorists and passengers as the transactions are directed to the digital wallet of the service provider unless now where motorists have to park aside in search of changed cash money for passengers. It also enables us to trace our transactions and plan ahead by saving for a rightful cause.

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

5

02.12.02 Justification de la contribution de mon projet

I somehow agree that gold safe promotes responsible consumption and production because it enables its consumers trace their costs and plan ahead of time by saving or acquiring a loan for a right cause.

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

Gold safe protects the environment from pollution for example from the gas emissions of mechanically broken cars by providing motorists with services of savings and acquiring loans through the gold safe for emergency mechanical breakdowns. Gold safe also provides a platform for motorists to acquire clean and safe energy related services from approved and secure spots and this protects our climate due to limited congestion that can lead to air and soil pollution.

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

2

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

Gold safe promotes peaceful and inclusive societies as it prevents congestion and delays which can lead to a crime surge like pickpocketing, hitmen and robbers, etcetera. Gold safe also strengthens our institutions through innovation.

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

6

02.17.02 Justification de la contribution de mon projet

My project contributes to partnerships for the goal as it is not exempted for only the transport sector but has the ability to promote partnerships for the goal by engaging with various sectors like agriculture, trade, fintech, etcetera. Farmers for example can too use the gold safe and likewise to traders to receive transactions from their customers.

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

2

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

7 - Tout à fait d'accord

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

1 - Pas du tout 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

1 - Pas du tout 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

Gold safe is a new product designed as a new technology. Despite having competitors like safe Boda and Uber, gold safe responds to the demands that have not been satisfied by them for example they both don’t link motorists to mechanics and petrol stations, they both do not offer the motorists with an opportunity to borrow and yet they have the saving options.

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

Our main competitors in Uganda are safe boda and uber but gold safe stands out as we are going to be a link between the motorists and service providers for energy related services. We also have a digital wallet just like them but our safe permits constant users to save and acquire loans for emergencies like operational costs for fuel and gas, etc which they both do not offer. We also stand out because our idea is scalable beyond the transport sector, we may scale it later and introduce other sectors like trade, agriculture, health, education, etcetera.

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

Yes, I am a member of Ateker Professionals Initiative for Development (APID) Women where we often train female entrepreneurs on how to start and maintain functioning businesses in Teso Kenya and Teso Uganda. I am also currently organizing the Teso Entrepreneurs and Investment week in partnership with the Iteso Cultural Union where entrepreneurs (100) will be availed with training opportunities and out of this, 60 are female entrepreneurs .