Giving Back
Bangladesh has become the toast of the development world for its stellar growth momentum that is expected to place it amongst the top three fastest growing economies in the world by next year. But in Bangladesh top 5% income people has taken over of 95% of total income, which indicates an uneven distribution of wealth. Income inequality is the root cause of consumption discrimination.
We're going to develop a donation platform to minimize the consumption discrimination in the society.
The 'Giving Back' platform will be the first ever online donation platform of Bangladesh connecting nonprofits, donors, and companies.
As per the latest Household Income and Expenditure Survey (HIES) of Bangladesh Bureau of Statistics (BBS), the country’s Gini coefficient, which is the economic measure of equality, stood at 0.482 in 2016, up from 0.458 in 2010, in a worrying development.
The 'Giving Back' platform will provide the trust, transparency and ties necessary to make giving both instaneously impactful and hyperlocal. Our mission is to share the unlimited possibilities achievable by anyone with our platform.
'Giving Back' is a nonprofit platform working in local communities across all 64 districts in the Bangladesh. 'Giving Back'’s vision is of a Bangladesh where everyone has a decent living standard. 'Giving Back' works toward our vision by building strength, stability and self-reliance in partnership with people, families and organizations in need of eliminating wealth discrimination in the society.
Often our homes have a stockpile of unused goods, including electronic, utensils, clothes, books, etc. People don't actively think about unused goods and stocking. Often these are not dropped, and no one is given. Some people have surplus wealth. On the hand, some are in deficit in spite of having demand. It is a deterrent for balanced distribution of resources as well as hindrance for ensuring fair consumption.
The 'Giving Back' facilitates the donors to publish unused goods/materials in different categories for free of charge to find appropriate recipients to donate/exchange of those of and vice versa.
The 'Giving Back' relies on donations from individuals, corporations and other groups to help individual/organization in need of decent improving living standard around the Bangladesh.
We will solve the problem by using high quality technology with most needed features in relevant business domain and make the software user friendly by performing all the needed steps in a software development life-cycle and maintaining software engineering best practices, that is our focus is quality in development.
- Support underserved people in fostering entrepreneurship and creating new technologies, businesses, and jobs
- Other
- Technology
The Giving Back is a platform that encourages and facilitates charitable giving by high net worth individuals, existing nonprofit organizations, corporations and others who truly desire to give back. By offering a straightforward and cost-effective approach to philanthropy, high-level expertise and professional services, and carefully targeted giving opportunities, Giving Back helps those who want to give back to society and to the communities that have nurtured.
We think of ourselves as the R&D team for every cause in the world. We are on a mission to create more intelligent and powerful ways of connecting causes with people who care, which are open to everyone and every cause, however small.
- Women & Girls
- Pregnant Women
- Children & Adolescents
- Elderly
- Rural Residents
- Urban Residents
- Very Poor
- Low-Income
- Middle-Income
- Minorities/Previously Excluded Populations
- Refugees/Internally Displaced Persons
- Persons with Disabilities
1. We are still in beta version.
2. We will be serving 10,000 people in one year.
3. We will be serving 1,00,000 people in five years
Withing one year will will offer a handy donation platform.
We are on a mission to make it easy and safe to give to projects anywhere in the world, while providing local organizations the tools, training, and support they need to become more effective withing the next five years.
1. Financial Barrier: We have already launched a beta version (http://rmn.crescendosolutionbd.com/). But presently we need more financial support to augment it.
2. Technical Barrier: We need national ID authentication to avoid any kind of counterfeit.
3. Cultural and market barrier: Have to promulgate marketing campaign to remove Cultural and market barrier
1. Financial Barrier: Currently we are developing the web platform along with an android app. To make the platform scale-able to any kind of platform we need huge technical development. As well as need to make it operationally efficient. This is why we need a fund of 50,000 USD.
2. Technical Barrier: If w get the said fund, we can make it feasible which is also applicable for Cultural and market barrier.
- Hybrid of for-profit and nonprofit
full-time staff:5
part-time staff:10
and contractors : 5
Our team has a composition of engineering background and business background. The team is highly sound in technology as well as business operation. The most of the team members are from the best university of the country.
They provide us any kind of technical consultancy if we need.
We are a marketplace for donation activities. The large corporate can use our platform as a reliable donation platform. We will charge them a given amount for perform their donation activities.
At first we need sustained donations and grants. We hope we will be in break-even by 2021.
1. We are in dearth of finance. Tiger IT Foundation can help us to overcome it.
2. It can help s to develop our team capability
3. It can guide us in innovative approach.
- Other
- Business model
- Technology
- Funding & revenue model
Ministry of Social Welfare, GoB
Association of Bankers, Bangladesh Limited: ABBD