Kenya - Business creation project

Décrivez votre projet en quelques mots

Our platform facilitates direct purchases from producers using demand aggregation and algorithms to reduce on added markups enabling users to access products at cheaper prices than typical shops and wholesalers.

01.01 Décrivez votre projet en détail

Shelf Yetu revolutionizes retail by eliminating unnecessary costs and optimizing the supply chain. Retail prices are often inflated due to multiple middlemen and associated costs. Our platform facilitates direct purchases from producers, aggregating orders and sorting them geographically to optimize delivery routes. We partner with local shops and individuals with excess real estate for temporary 24-hour warehousing, eliminating the need for new facilities. By utilizing existing delivery vans, personal vehicles, and third-party logistics providers, we minimize maintenance and overhead costs.We do not onboard any other sellers but producers in order to maximise affordability.We do not also sell,we facilitate and our algorithms enable that.Our asset light model enables us to lower markups seen by typical wholesalers.Our algorithms help us find problems in the supply chain by analysing data in the platform and helping us find fixes.

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

High wholesaler product prices for informal retailers and consumers, which result from multiple middlemen markups and associated costs such as labor, warehousing, transportation, and overhead.

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).

Cost Efficiency: Shelf Yetu reduces warehousing, transportation, and overhead costs by utilizing temporary local storage and third-party logistics. This cost efficiency is passed on to consumers and retailers, resulting in lower product prices and higher profit margins. Optimized Deliveries and Wider Market Reach: By aggregating orders and sorting them geographically, we optimize delivery routes and schedules, reducing transportation costs. This approach allows us to serve a larger market, including both informal merchants and consumers, enhancing market reach and accessibility. Increased Convenience and Flexibility: Shelf Yetu leverages existing infrastructure and resources, such as local shops and personal vehicles, to create a more flexible and convenient supply chain. This reduces the need for significant capital investment and allows for quicker adaptation to market demands and changes.

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

Informal Retailers: Small shop owners and merchants who struggle with high product prices due to multiple middlemen and associated costs. Shelf Yetu helps them increase profit margins by reducing these costs and providing more affordable products. Consumers: Individuals who face reduced purchasing power due to inflated retail prices. By streamlining the supply chain and lowering product costs, Shelf Yetu makes essential goods more accessible and affordable for consumers. Local Shops and Real Estate Owners: Those with excess storage space can benefit from partnering with Shelf Yetu to provide temporary warehousing, generating additional income from their unused space.

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

01/05/2024

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

5

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.).

Loyd Ngei - a software developer with a degree in economics and statistics. Hassan Haro Huka - a data scientist with a degree in economics and statistics. George Nyongesa - a university of nairobi lecturer with industry connections. Emmanuel - a tanzanian business man dealing in clean energy.IT and also one with industry connections. Anne Minayo - product manager.

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 ?

h) Technologies de l'information (services numériques, équipements et logiciels)

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

6

02.01.02 Justification de la contribution de mon projet

Shelf Yetu strongly contributes to the No Poverty goal by making essential goods more affordable for low-income consumers and increasing the profitability of informal retailers. By eliminating unnecessary middlemen and reducing warehousing, transportation, and overhead costs, we lower product prices, enhancing the purchasing power of consumers. This helps low-income families access essential items at more affordable rates, reducing their financial burden and improving their standard of living. For informal retailers, the cost savings translate into higher profit margins, enabling them to sustain and grow their businesses, creating more economic opportunities. By supporting local economies and promoting financial stability, Shelf Yetu plays a critical role in alleviating poverty and fostering economic resilience in underserved communities.

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

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

Shelf Yetu strongly contributes to the goal of Good Health and Well-Being by ensuring affordable access to essential goods, including nutritious food and health-related products. By reducing unnecessary costs and optimizing the supply chain, we lower the prices of these essential items, making them more accessible to consumers, particularly those in lower-income communities.

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

5

02.04.02 Justification de la contribution de mon projet

While Shelf Yetu primarily focuses on revolutionizing the retail supply chain, it also indirectly contributes to the Quality Education goal by alleviating financial pressures on families and communities. By reducing the costs of essential goods, we help families save money, which can be redirected towards educational expenses such as school fees, books, and other learning materials. Additionally, our model supports informal retailers, enabling them to achieve greater financial stability and potentially invest in the education of their children.

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

6

02.05.02 Justification de la contribution de mon projet

Shelf Yetu contributes significantly to the Gender Equality goal by empowering women who are often key participants in informal retail sectors. Many women in these roles face challenges such as limited access to affordable goods, high operational costs, and financial insecurity. By reducing the costs associated with purchasing and selling goods through our streamlined supply chain, Shelf Yetu enhances the profitability and sustainability of these businesses, thereby empowering women economically.

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

3

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'

7 - Tout à fait d'accord

02.08.02 Justification de la contribution de mon projet

Supporting Informal Retailers: By reducing costs and improving profitability for informal retailers, Shelf Yetu enables these entrepreneurs to operate more sustainably and expand their businesses. This contributes to job creation and economic growth within local communities. Creating Employment: Our platform indirectly creates employment opportunities by stimulating demand for goods and services among producers, wholesalers, and retailers. This supports a more robust and inclusive economy by fostering full and productive employment. Promoting Sustainable Economic Practices: Shelf Yetu's model emphasizes efficiency and sustainability in the supply chain. By optimizing logistics, reducing wastage, and leveraging existing infrastructure, we minimize environmental

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

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

Economic Empowerment: By reducing costs in the supply chain and supporting informal retailers, Shelf Yetu helps level the playing field for small businesses. This empowerment enables them to compete more effectively and sustainably in the market, thereby reducing economic inequalities. Affordable Access: Shelf Yetu's model lowers product prices, making essential goods more accessible to low-income consumers. This reduces the disparity in purchasing power and improves the quality of life for marginalized communities. Job Creation: Through job creation and support for local businesses, Shelf Yetu promotes inclusive economic growth. By providing opportunities for income generation, particularly in underserved areas, we contribute to reducing inequalities within the community. Social Inclusion: We prioritize inclusivity by engaging with diverse stakeholders and respecting local customs and values.

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

5

02.11.02 Justification de la contribution de mon projet

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

6

02.12.02 Justification de la contribution de mon projet

Reducing Waste: By optimizing logistics and reducing unnecessary middlemen, Shelf Yetu minimizes wastage in the supply chain. This includes less food spoilage, reduced packaging waste, and lower energy consumption associated with transportation. Promoting Local and Sustainable Products: We prioritize local sourcing and encourage producers to adopt sustainable production methods. This supports responsible consumption by offering consumers products with lower environmental footprints and higher quality. Encouraging Reuse and Recycling: Through our temporary warehousing strategy in existing local shops and partnerships, Shelf Yetu promotes the reuse of underutilized resources. This contributes to a circular economy approach where resources are used efficiently and waste is minimized. Educating Consumers: We educate consumers about the benefits of responsible consumption through our platform, encouraging informed purchasing decisions that consider environmental and social impacts.

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'

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'

4

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'

4

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.

1 - Pas du tout d'accord

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

6

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

6

05.08 Justification de mon projet

Improvement on Existing Models: Shelf Yetu improves upon traditional retail supply chains by eliminating multiple middlemen markups and optimizing logistics through local partnerships and temporary warehousing. This approach reduces costs and enhances efficiency, which is not typically addressed comprehensively in current retail practices. Extension of Services: It extends beyond conventional retail platforms by not engaging in direct selling or buying of products. Instead, it facilitates demand aggregation and order fulfillment, optimizing the retail experience for both consumers and retailers. Response to Unmet Needs: Shelf Yetu addresses the significant need for affordable access to essential goods among informal retailers and consumers. By lowering product prices and improving supply chain efficiency, it meets this demand effectively, which hasn't been adequately addressed by existing retail models. New Version of Old Practices: While drawing on principles of logistics and suppl

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

There aren't any competitors.

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

Yes,i work with a lot of female retailers and our legal advisors are female