MyFy helps entrepreneurs to sell online and market their business, receive orders, payments, handle accountin,circle-source capital through group savings, and keep verifiable, to qualify for a credit
Current Status
we rolled out our MVP a little over 2months ago with just one feature I.e. letting users launch online and we have 200+ businesses onboard using it, giving us feedback on how to further horn the tool to their satisfaction
Problem or Opportunity
Small entrepreneurs need help finding capital to start and scale their businesses and tools to launch online, market beyond their physical location, and maintain formal business practice such as record keeping in order to be financially included and qualify for credit.
Solution (product or service)
Our app helps entrepreneurs circle source capital through group savings, market their business and sell online, receive orders and payments, track and fulfill them, and keep verifiable records, to qualify for a credit score.
Business model
we intend to implement a subscription based business model ( USD 10/ month ) + commission based one ( 0.1% of each and every transaction processed through Myfy )