Kenya - Business creation project

Décrivez votre projet en quelques mots

An individual shall open and save funds in an account , but decide on when and how to receive money to his mobile money or even to another person's mobile money which shall be computerized and real time with specified amount and time to receive money.

01.01 Décrivez votre projet en détail

I will use an example on this case. Take an example that I am paid Ksh 20,000 / Month. and I spend the whole money in the first week and the remaining weeks I barely survive to even get bus fare to job assuming I use ksh100 as transport and ksh 200 as daily expenses . So I open an account in Save2safe account and make the following calculations. Total expenses daily is Ksh 300 and I have 30 days hence do the multiplication ( 300 x 30 which is Ksh 9000). Hence I save Ksh9000 and set daily disbursment at 5 AM daily. The settings once made for monthly goals can be changed after 2 weeks and long term goals to be changed after 6 Months. There will be a maintenance fee charge of about 1% spread over the entire period of daily disbursment. The user will register in the platdform fill out the form and start saving with his/ her account specifying all the details.

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

I am improving the daily life of majority of the people especially salaried people and even business people. I am trying to insulate people from overspending and thereafter suffering and getting further in debt due to lack of money for daily usage despite being on a payroll or having a business but don't have daily income.

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. The users get to plan their expenses better knowing that they have saved money for theit daily use. 2. Users of this service can save and channel the daily disbursment to a third party making sure their loved ones are well catered for . 3. As a company we get to to create employment for staff who are responsible for daily running of the company through the revenues accrued from maintenance fee charge.

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

There are several market niche. 1. Salaried employees who receive a monthly pay, They get to save money wich could be locked for more than 6 months then disbursements done peroidically or as lumpsome and as well as short term which is a monthly savings disbursed daily at a predertimined time. 2. Business people who wish to separate money for their daily use and business , and again there are businessess which you are not certain of daily sales so this fund will help people live decent lives daily.\ 3. It can be used by people who wish there loved ones get daily sustainance funds and not close to them. It can be used as a saving mechanism for gambling addicsts to avoid loosing all their money to betting institutions. 4. It can be used by parents to sustain their children's lives in learning institutions by opening an account for them making sure that they have money for their daily use.

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

01/01/2024

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

Mary kimanthi: Kennedy Maina

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.).

Mary specialized in business management course so it will come in handy in decision making process that involves daily running of the business Kennedy Plays a major role as a partner in this discussion business start up as he has analytical skills along with the quantitative and computer skills valued in business and finance

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.linkedin.com/in/alfred-kibet-a49462177/

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

The users will be able to get out of debt accrued due to unnecessary spending as they can catter for their daily spending.

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

5

02.02.02 Justification de la contribution de mon projet

People can plan their funds in that they know their daily spend on food and food products and hence can schedule the disbursments in accordance to theirb plans. For example if I am paid ksh 20, 000 and I know I spend 200 daily on food I can schedule the disbursment time of Ksh 100 every morning and ksh 100 in the evening to catter for food.

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

6

02.03.02 Justification de la contribution de mon projet

Because one is assured of daily cash at hand money it removes the anxiety oand thereby offering one a peace of mind knowing that he/she has security in terms of money. The money will also help if there are unforeseen medical emergencies these fund can help one to cater for their daily needs.

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

6

02.04.02 Justification de la contribution de mon projet

You can make a long term plan of saving every month , only to be disbursed in more than 5-10 years time when the child whom you are saving for has reached the predetermined stage of the educcation journey.

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

5

02.05.02 Justification de la contribution de mon projet

Both genders can save and receive disbursments and ensuring control of their financial lives.

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

3

02.06.02 Justification de la contribution de mon projet

N/A

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

4

02.07.02 Justification de la contribution de mon projet

N/A

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

With the use of this program nobody will ever not get to work for genuine reason of lacking money for transport as you will be able to set aside money you shall receive daily , lets say at 5 AM in the morning which shall be used for transport for the whole month. This program will create job opportunities for the employed IT Proffesionals who will help design and maintain the system which shall help grow the economy.

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

Its an innovative big idea of combining the saving culture keeping in mind that those saving need daily sustainance also , so there will be short term savings , that is 2 weeks to a month of which in this case disbursments are made daily. The second are mod term savings which the client will be save for 6-12 months and receive a lumpsome or compounded disbursements according to his /her preference in the system. The third shall be long term savings which is 5-10 years again disbirsments made in single or compunded disbursments as in the system.

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

People whom woll save in this platform are sure that they have their daily bread , hence use all their energy and the rest of the money in saving for the long term goals , sowly this builds a culture of saving in the mindset of people and in the long run everyone is empowered economically.

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

6

02.11.02 Justification de la contribution de mon projet

A lot of the users in this program will be people in towns and cities and considering that there will be increased cashflow of money among the people who are living in the city population because of increased savings, leading to sustainable communities in the cities.

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

3

02.12.02 Justification de la contribution de mon projet

The whole project is about directing people towards responsible production consumption . The saving of money is about Responsible production while receiving disbursements periodically and at a specified time is all about responsible consipmtion and this ensures that you budget the money you have for a span in which one receives the next instalment of the funds.

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

3

02.13.02 Justification de la contribution de mon projet

N/A

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

3

02.14.02 Justification de la contribution de mon projet

N/A

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

2

02.15.02 Justification de la contribution de mon projet

This idea if it succeeds will improve people's lives in general.

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

Poverty is among the factors that breed hate and if it is controlled by programs such as save2safe peace and justice can be achieved.

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

Partnership between the government and this company will be required for Sustainable Development Goals which will inclde the goverment using the servises of Save2safe to disburse funds to some of their projects for example sending funds to the elderly.

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

5

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

5

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

This idea is innovative considering that it combines the saving culture and daily disbursments through a computerized system. Users will create accounts and save money via the platform in conjuction with banks and then receive money in installments which they choose and at a specified time e.g 7:AM daily. Currently no financial institution offers this service and will be an automatic hit and provided with enough visibility , will be a daily use among the population.

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

My competitors are the banks who offer saving programs however there are no automated disbursments to their clients and that is the loophole this program is going to fill.

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

Yes , I have involved a female as my partner in this project , and also will make sure that any hiring in my company will always adhere to 2/3 Gender rule.