Tanzania - Startup under 3 years old

Décrivez votre projet en quelques mots

Koba is the Mobile app that provide innovative and accessible solution to the challenge facing under-served communities. Koba come from the word Vicoba where group of people come together and form informal landing group.It provide digital space for groups

01.01 Décrivez votre startup en détail

Koba is Mobile applications is designed to facilitate community base financial cooperation. The app simplifies group saving, lending and financial management for users, enabling them to contribute collectively and access funds seamlessly.

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

In many communities, accessing financial services is challenging, KOBA addresses this by providing a platform for group to save, lend, and manage finances collaboratively, promoting financial inclusion.

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).

1. Group saving and Efficient Landing: KOBA allow users to form savings groups, making contributions easy and efficient thought the app, The app automate the landing process, ensuring that each group member has a fair chance to receive loan when needed. 2. Instant Notifications: User receive instant notifications about group activities, such as contributions reminder, loan approval and payment schedule. Koba also serves as a central communication hub for group member to stay connected to informations. 3. Seamless Loan Applications: Group member can submit loan applications directly through the app, eliminating the need for cumbersome paperwork. The app streamline the loan approval process, providing quick access to funds when emergencies arise. 4.Community forum: Koba offers a community forum where users can engage in discussions on financial topics, share tips and advice, connect with follow group members. It also provide the financial resources to enhance users' financial literacy

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

Koba target underserved communities with limited access to formal financial services not only that but also Koba can cater to financially vulnerable groups, such as small businesses, women entrepreneurs, and low-income individuals, who require access to affordable savings and credit solutions.

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

12/05/2023

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 ?

2

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.).

Erick is currently working as MIS Officer and Software Developer at Oletech Co. Ltd, Possess over 3 years of International Cross-function experience in technology and innovations, Also specialised in Management of Information Systems (MIS) and Software development, and highly experienced working with a wide range of cultures, and significant delivering result within organization. Bachelor’s degree in Computer Science from University of Dar es Salaam with experience in Management of Information System and Software development.

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://www.koba.co.tz/

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

Koba Mobile application streamline group financial activities, offering digital space for members to contribute funds, apply for loans, and track financial activities. Therefore the app facilitate the financial growth of each group member(individual) and possibilities of accessing credit from group.

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

6

02.02.02 Justification de la contribution de ma startup

Basically if a person is capable of accessing credit, savings and loans without limitation means its easy to eradicate Hunger, so Koba facilitate users by giving them digital space where they can collectively contribute and share wealth.

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

During emergencies such as Health issues, Koba help user to access funds instantly from group where it will help to cover their health issues.

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

6

02.04.02 Justification de la contribution de ma startup

Koba gives user the ability to access fund instantly from group contributions where its possible to pay school fees whether its emergency or its planned.

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

6

02.05.02 Justification de la contribution de ma startup

Koba can cater to financially vulnerable groups, such as small businesses, women entrepreneurs, and low-income individuals, who require access to affordable savings and credit solutions.

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

6

02.06.02 Justification de la contribution de ma startup

The app streamline the loan approval process, providing quick access to funds when emergencies arise where it open endless possibility of having Clean water and Sanitation

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

5

02.07.02 Justification de la contribution de ma startup

The app streamline the loan approval process, providing quick access to funds when emergencies arise where it open endless possibility of having affordable and clean energy

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

3

02.08.02 Justification de la contribution de ma startup

Koba facilitate economic growth where individual from under-served communities can access loans to peer group, Help them to get Capital and support the business.

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

6

02.09.02 Justification de la contribution de ma startup

Koba help user to access fund seamlessly therefore its possible to user to innovate where he/she knows that has access to funds

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

6

02.10.02 Justification de la contribution de ma startup

Basically Koba aims to bridge the gap between financial services and those who need them the most, improving financial inclusion and economic empowerment worldwide

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

3

02.11.02 Justification de la contribution de ma startup

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

3

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'

3

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.

4

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

4

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

4

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

4

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

Koba transform informal landing group by giving them the digital space where they can collaborate by contributing funds, access loans and improve individual income, Basically koba come from Vicoba(Village community bank) where group of people come together and formulate landing group typical inform of rotating savings and credit associations

06.09 Analyse compétitive

The "Koba" mobile app is a financial tool designed to support group savings and lending activities, typically in the form of rotating savings and credit associations or informal lending groups. In our region I see M-Koba (Vodacom App) and Kikoba (Tigo app) as Giant competitors where they use USSD and Intergraded app to provide similar service.

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

Yes, In our communities there is this tendency that Vicoba is for Women and in that case there is large number of women who are engaging with vicoba(village community bank) and other informal landing group, Therefore since Koba provide digital space for Vicoba and other Informal landing groups we are directly supporting women/female and empower them to be enterpreneurs.