Nigeria - Business creation project

Décrivez votre projet en quelques mots

Haisoj Rise is a digital trade startup poised to transform the informal retail sector by addressing key challenges faced by retailers. Our goal is to revolutionize revenue management, streamline distribution channels, and optimize inventory management.

01.01 Décrivez votre projet en détail

Haisoj Rise is a digital trade startup idea poised towards addressing the pressing challenges encountered by informal retailers in Nigeria, notably the lack of access to capital, lengthy distribution chains, and inefficient inventory management. We aim to develop a three prong mobile application software solution that leverage revenue management as an alternative to traditional financing methods, empowering retailers through our innovative daily savings financial service. This service allows retailers to set aside a portion of their daily revenue, fostering a culture of savings and building financial resilience over time. Our innovative solution combines daily savings as a revenue management solution, B2B e-commerce to mitigate the long chain of distribution of fast moving consumer goods FMCGs, and our inventory management system will streamline the operating system of informal retailers.

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

Haisoj Rise aims to address a four prong challenge faced by informal retailers in Nigeria, these challenges includes, lack of access to credit, inadequate revenue management, lengthy distribution chains, and inefficient inventory and bad debt management. With only 4% of MSMEs having access to credit, our mission is to provide alternative financial solutions through our daily savings financial service focusing of revenue management. Additionally, we seek to streamline distribution channels by partnering with FMCG manufacturers and offer efficient inventory management solutions to enhance operational efficiency and profitability for retailers. Through these initiatives, we aim to empower informal retailers, unlock their growth potential, and contribute to the economic development of Nigeria.

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).

There are several benefits accrued to the Haisoj rise business solutions listed below are some of those benefits 1. Enhanced Financial Stability: Haisoj Rise's daily savings financial service provides informal retailers with a reliable and accessible alternative to traditional credit, helping them build financial resilience and stability over time. 2. Streamlined Distribution Channels: By reducing the long chain of distribution and establishing direct partnerships with FMCG manufacturers, our platform enables retailers to access products more efficiently and at lower costs, improving their profit margins and competitiveness. 3. Improved Operational Efficiency: Our inventory management solutions empower retailers to optimize stock levels, reduce losses from inventory spoilage and bad debt, and make data-driven decisions to enhance overall operational efficiency and profitability.

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

Haisoj Rise operates within the Nigerian informal retail sector, targeting a significant market opportunity with substantial growth potential. Our primary target market comprises small-scale retailers in the Nigerian informal sector, including kiosk owners, street vendors, neighborhood stores, and similar businesses. These retailers play a vital role in the local economy, serving as crucial touchpoints for consumer goods in their respective communities.

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

09/01/2022

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

3

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.).

Timnan is a skilled computer science graduate with expertise in software development. As our CTO, he brings technical proficiency and innovation to our team. Osamudiamhen, a business administration graduate, has extensive experience as an operations manager in the furniture industry, making him an ideal COO. Deborah, with a background in marketing, excels in sales and customer relations, leveraging her experience as a sales executive in a microfinance bank to drive our marketing efforts effectively. Together, they complement each other's skills, ensuring a well-rounded leadership team for Haisoj Rise.

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 :

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

Haisoj Rise business solutions contributes to the goal of "No Poverty" by providing opportunities for informal retailers, who often operate in low-income communities, to enhance their financial stability and resilience. By offering daily savings services and streamlining distribution channels, we will empower these retailers to improve their revenue management, increase profitability, and ultimately lift themselves out of poverty. Additionally, by fostering economic growth and entrepreneurship within underserved communities, Haisoj Rise contributes to broader poverty alleviation efforts. Haisoj Rise three-year customer loyalty plan aimed at fostering community engagement and promoting economic empowerment. Through this initiative, loyal customers have the opportunity to nominate family members for training and mentorship in personal and financial development, as well as entrepreneurship. We believe that this initiative aligns with the SDG number one

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

3

02.02.02 Justification de la contribution de mon projet

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

5

02.03.02 Justification de la contribution de mon projet

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

4

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

Haisoj Rise's business idea aligns with the United Nations Sustainable Development Goal of Gender Equality by actively promoting economic empowerment and inclusion among women, particularly in the informal retail sector. As the majority of our target market consists of female market traders and women involved in small-scale businesses, our platform provides them with opportunities for business growth, and entrepreneurship. With our digital trade software solution we help streamline the operating system, and empower women to overcome economic barriers, enhance their livelihoods. This fosters gender equality by creating a level playing field where women can thrive as entrepreneurs and active contributors to their communities' economic development.

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'

3

02.07.02 Justification de la contribution de mon projet

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

5

02.08.02 Justification de la contribution de mon projet

Our business plan aligns with the United Nations Sustainable Development Goal of Decent Work and Economic Growth by promoting inclusive economic growth and enhancing employment opportunities, mostly within the informal retail sector. By streamlining the operating systems of informal retailers through our innovative platform, we enable them to operate more efficiently, expand their businesses, and create job opportunities within their communities. Our solution encourages entrepreneurship by providing retailers with access to tools and resources to manage their businesses effectively, leading to increased productivity and income generation. Additionally, our platform stand as a single intermediary between retailers and manufacturers, reducing the need for multiple intermediaries, promoting fair trade practices. By empowering informal retailers and facilitating economic transactions, Haisoj Rise contributes to the goal of decent work and economic growth.

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

4

02.09.02 Justification de la contribution de mon projet

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

5

02.10.02 Justification de la contribution de mon projet

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

3

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'

4

02.13.02 Justification de la contribution de mon projet

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'

4

02.15.02 Justification de la contribution de mon projet

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

3

02.16.02 Justification de la contribution de mon projet

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

5

02.17.02 Justification de la contribution de mon projet

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

5

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

7 - Tout à fait d'accord

05.08 Justification de mon projet

While there are existing companies in the B2B e-commerce segment targeting informal retailers, Haisoj Rise stands out due to its unique combination of innovative solutions. Unlike competitors that solely focus on FMCG distribution, Haisoj Rise integrates three distinct business solutions into one platform. Firstly, our B2B e-commerce platform facilitates direct transactions between retailers and manufacturers, streamlining the procurement process and reducing costs. Secondly, our inventory and debt management tools empower retailers to efficiently track inventory levels and manage their finances, addressing critical pain points in the sector. However, what truly sets Haisoj Rise apart is our daily savings and revenue management solution. This innovative approach provides an alternative source of capital for informal retailers, enabling them to save a portion of their daily revenue and build financial resilience over time. By offering this comprehensive suite of services, Haisoj Rise no

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

Haisoj Rise's main potential competitors include Alerzoshop and Omnibiz, prominent players in the digital trade sector. However, Haisoj Rise distinguishes itself through its unique savings model, direct access to FMCG manufacturers, and integrated inventory management tools. Additionally, our personalized marketing approach, extensive reach through partnerships, and focus on customer loyalty and community engagement set us apart from competitors like Alerzoshop and Omnibiz. These factors collectively position Haisoj Rise as a leading choice for informal retailers seeking efficient and affordable solutions to their business needs.

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

While I am not currently initiating formal actions within my community to promote the role of female entrepreneurs, I actively support their entrepreneurial initiatives by consistently patronizing female-owned businesses. This practice aligns with my commitment to fostering gender equality and empowering women in entrepreneurship.