most micro businesses in Uganda are the majority but do not have the capacity to grow on their own. we create markets and also offer business development services to help them grow as we are also making money
Current Status
Make about 200 USD a month since w have just started the operation.
currently, we are in operation and the business has started generating revenue .each stage is a learning stage and changes are being made
Market
miro businesses, government, development partners
households and exporters
Problem or Opportunity
a huge number of micro-businesses in Uganda that need market access
Solution (product or service)
.we have an e-commerce platform that links sellers to buy and if the buyer is interested delivery is done. we also have a virtual wallet where we offer loans to suppliers and pay back interest if they do not have the capacity to fulfill the order
Competitors
JUMIA and USSIA
Advantages or differentiators
we have the skillset and our model is unique since it solves the problems faced by SMEs
Finance
subscription
Commission
interest rates
advertising on the portal
delivery charge
grants
Business model
e-commerce platform showcases the products online and somebody can buy the product online by placing the order
Money will be spent on
money will be spent on marketing and IT advacements