money-tech company
The project is a device like ATM. If you insert any amount of money into it , you get its charge.
I try to solve the problem of the charge of the money. a lot of people have to buy a lot of things they don't want because they don't have money in the form of its charge. for example, If you insert 500 dollars in machine and type 200 , 100 , 100 , 50 , 10 , 20 , 15 and 5 dollars on the screen of the machine , you will get these charge.If you want another form of charge , you will type it and get it. I also try to solve the problem of poverty and the beggars in developing countries. Any person whose income doesn't exceed 53 dollars or he is homeless or a beggar, he can extract paper from the city council in his province or district and insert the paper in this machine to get the money which is inserted in the machine to get its charge. The machine will be programmed by specialists to provide these services. The technology by which it works is similar to the technology of ATM.
I try to solve the problem of the poor, beggars and homeless people. I also try to solve the problem of the charge of the money. a lot of people have to buy a lot of things they don't want because they don't have money in the form of its charge. According to the latest statistics in 2021, the number of poor people will be about 1,4630000 poor in 2022.
The machine will be sold to large, medium and small supermarkets and shops including also clothes shops. They are the places where people need the charge of the money. Poor people also will be easy for them to get to these shops. This solution will address their needs greatly. The machine will be also available in the public streets.
When poor people beg money from other people, they are ashamed.but when they get the money from the machine , it will be much better for them.
I already have volunteered for life makers charity ad made social researches in the poor villages in my province in Menoufia government in Egypt. There are many poor people in my province. I haven't made a prototype for the device yet but I am going to make it.
- Improving financial and economic opportunities for all (Economic Prosperity)
- Concept: An idea being explored for its feasibility to build a product, service, or business model based on that idea
I am in the first stage:an idea being explored for its feasibility to build a product, service, or business model based on that idea. I don't have the necessary skills and necessary equipment to make the prototype.
- A new use of an existing technology (e.g. application to a new problem or in a new location)
The technology of programming. It is like the technology which used in ATM. The leased line or dial-up technology and the (ISP) internet service provider.
- Ancestral Technology & Practices
- Manufacturing Technology
- Other
- Egypt, Arab Rep.
The project will help all the poor people in my country. They are about 26730000 people. it will help also the middle-income people in their problem of getting the charge of money instead of buying things that they don't want.
Firstly, after making the machine, I will sell it to the shops and supermarkets in my city. Then the profit cost I will use it to make other machines and sell them to other cities in my country. My goal is to help the beggars all over my country and prevent them from begging by getting money from the machine. If the idea succeeds. I will export the machine to other countries.
The machine will serve the poor people and provide them with a good income. It will also help the child beggars and make them continue their education
The indicators which I will use:
1- Proportion of the population living below the international poverty line by sex, age, employment status and geographic location (urban/rural)
2- Proportion of population living in households with access to basic service
3- Prevalence of moderate or severe food insecurity in the population, based on the Food Insecurity Experience Scale (FIES)
4- Proportion of population in a given age group achieving at least a fixed level of proficiency in functional (a) literacy and (b) numeracy skills, by sex
5-Completion rate (primary education, lower secondary education, upper secondary education
6-Proportion and number of children aged 5–17 years engaged in child labour, by sex and age
7-Proportion of people living below 50 percent of median income, by sex, age and persons with disabilities
8-Proportion of urban population living in slums, informal settlements or inadequate housing
I will use statistics to measure how beneficial my machine will be to the proportions of people that I have mentioned above.
Financial problems to buy the parts of the machine, technical problems to make the machine and programming skills to design the system by which the machine runs.
My team consists of:
1- My two sisters who will work as a secretary for the company and they will make a website for the company.
2- Aprogrammer will design the system of the machine
3- Two technicians will make the machine.
4- three workers who will transport the machine from a place to another.
I have no partners until this time, but if I won the prize, may I make a partnership with the manufacturing company of the ATM .
- Yes
I am a girl. and by solution I will save the poor people, beggars and especially child beggars and homeless people from poverty.
- Yes
My solution is so creative, and no one has made it before. I will use the prize to buy the parts of the machine, give salary to the programmers, technicians and workers.
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