MIT Solve

Solution Overview

Solution Name

MOROGORO YOUTH STOCK FUND

One-line solution summary.

SUPPORTING UNEMPLOYED YOUTH AND WOMEN IN MOROGORO REGION

Elevator pitch

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What is your solution?

What it does:

MOROGORO YOUTH STOCK FUND looks for College and University graduates living in streets over 3 to 5 years with nothing to do for their careers, Majority especially girls after their studies came back to their parents and back to join homes daily activities. Prolonged challenges results to career abortion and dissatisfaction, and for develop to mental stress. MOROGORO YOUTH STOCK FUND focusing on the youth man power, education left useless and to come up with a breakthrough. This will be against poverty, gender equality and community development.

What specific problem are you trying to solve?

Inspiration:

MOROGORO YOUTH STOCK FUND was developed in Tanzania, one of the nation's highest state Jobless youth due to lack of employment. According to Tanzania National Bureau of Statistics report 2018, more than 6.9million Tanzanian youth are facing with Unemployment and Underemployment challenges in the country, a number which is increasing every year. Tired of seeing story after story of dropped into dangers of smoking marijuana due to the “Mental Stress” we wanted to use this hackathon as an opportunity to design something that would automatically prevent these stress and help educate the public about the dangers of smoking marijuana.

Who does your solution serve? In what ways will the solution impact their lives?

What it does:

MOROGORO YOUTH STOCK FUND looks for College and University graduates living in streets over 3 to 5 years with nothing to do for their careers, Majority especially girls after their studies came back to their parents and back to join homes daily activities. Prolonged challenges results to career abortion and dissatisfaction, and for develop to mental stress. MOROGORO YOUTH STOCK FUND focusing on the youth man power, education left useless and to come up with a breakthrough. This will be against poverty, gender equality and community development.

What steps have you taken to understand the needs of the population you want to serve?

What's next for:

MOROGORO YOUTH STOCK FUND was built as an exercise for this competition, but in building it, we have really latched onto this idea of helping jobless youth active and safer to both mentally and healthy( physically).This is a project we would love to expand on and make it successful long-term. People are extremely unaware of how having with challenge facilitate to mental stress, and mental stress accelerate to Mental Disorders, and other incurable diseases like Blood pressure and Diabetes. On the middle of year 2021, more than 500 youth were found loafing around in Kilimanjaro region in Tanzania, after arrested and interviewed with government security force found they have got a fraud of a lot of money from these youth from a non trust worth Company with the promise to offer them a job and got escape of nowhere and left them in street with no food and no shelter. The government did the best to help them back to their home; this is how majority of youth are affected on finding jobs. These tragedies can easily be avoided and we think bringing it to a function state would result in saved lives.

Here are comments from the research we made from the targeted group: Visit:

https://docs.google.com/forms/...

Which aspects of the Challenge does your solution most closely address?

Improving financial and economic opportunities for all (Economic Prosperity)

Our solution's stage of development:

Prototype: A venture or organization building and testing its product, service, or business model

Explain why you selected this stage of development for your solution—in other words, what have you accomplished to date?

Accomplishments that we're proud of:

We are proud of MOROGORO YOUTH STOCK FUND’s mission, which is to automatically prevent and financially supporting Jobless Youth in Tanzania who currently termed as a “Bus of Nowhere” to get self – employed or self reliance everywhere in the country through smart connected technologies.

Team Lead:

Joshua Kitokezi - Chairman of AsGroup

More About Your Solution

If your solution has a website or an app, provide the link(s) here:

https://www.asmallgiantgroup.com/index.php

If you have additional video content that explains your solution, provide a YouTube or Vimeo link here:

https://www.asmallgiantgroup.com/assets/posts/BANK_YA_VIJANA.pdf

Which of the following categories best describes your solution?

A new use of an existing technology (e.g. application to a new problem or in a new location)

Describe the core technology that powers your solution.

How we built it:

We Connects Collage and University continue and graduates students, self employed and employed youth to come together to create “Youth Economic Zone using Youth stock fund Organization. We built the website using Temenos Transact and Finastra Digital. We integrated texting receive and response using twilio and the express server. We built credit cards.

What we learned:

We learned a lot about Youth stock Fund Organization and Financial Operating Systems and all that we can utilize through Remote API | Cash flows.

Additionally, this project also provided factual take-a-ways that we can use to help even those youth living in remote areas to access financial service.

Challenges we ran into:

We are still facing a challenge of financial material, to enhance the implementation of this incredible project.

Please select the technologies currently used in your solution:

Ancestral Technology & Practices
Audiovisual Media
Big Data
Internet of Things
Software and Mobile Applications

In which countries do you currently operate?

Tanzania

How many people does your solution currently serve, and how many do you plan to serve in the next year? If you haven’t yet launched your solution, tell us how many people you plan to serve in the next year.

We are currently serving 16 people. But we plan to serve 10000 people by next year.

What are your impact goals for the next year, and how will you achieve them?

To Connect Collage and University continue and graduates students, self employed and employed youth to come together to create “Youth Economic Zone using Youth stock fund Organization.

How are you measuring your progress or planning to measure your progress toward your impact goals?

We did a research concerning the solution to more than 1000 people and receive 157 responses, of which 96% of all respondents were ready to join the the our course/ solution. The a solution was successfully transmitted to more than 200000 youth over the country, and other 310 Government political leaders including Ministers and Member of Parliaments, both were ready to join our campaign. Our vision according to 17 UN Sustainable Development Goals , We are looking forward to goal number 1, 2, 3, 5, 9 and 17. Visit here for REVIEW:

https://iris.thegiin.org/share...

What barriers currently exist for you to accomplish your goals in the next year?

Challenges we ran into

We are still facing a challenge of financial material, to enhance the implementation of this incredible project.

About Your Team

Your Business Model & Resources