realistic financial inclusion for personal & small business.
The problem am committed to solve is solution for the financially excluded individuals and small enterprises .
The scale is rated 7 percent approximately globally last year 2022
on which individuals & small enterprises in Nigeria especially was really recorded the
lowest in the area of government financial inclusion support.
You cannot give the accurate statistic figure of the affected correctly but
you can give an estimate 60 out of 100 individuals & small enterprises were financially excluded in Nigeria business market , poor policy financial inclusion implementation by the government and Lack of adequate data record really contributed to this financial inclusion deficiency.
The consequences are the increase in low income rates and the lost of economic opportunities and hardship.
The global statistics rated Nigeria: Approximately 60 percent below poverty line.
The solution am proposing is termed"Advocacy for government financial inclusion for entrepreneurs and small scale businesses "As
already aware that all of us cannot do the same job in life.Because our
passion and aptitude differs that where this solution comes in.As long
as we can discover early in life our area of expertise it will go along
way to put us in the rightful and enjoying lifetime jobs or business career pathway, that we both
love and enjoy doing that's where government financial inclusions comes into play to ensure stable income rate and economy for all their citizens.
This solution can make all of us have a stable income earning rate and national economic reserve and the reward that this solution proffer is lifetime rewarding.
The solution am proposing is termed"Advocacy for government financial
inclusion for entrepreneurs and small scale businesses "As
already aware that all of us cannot do the same job in life.Because our
passion and aptitude differs that where this solution comes in.As long
as we can discover early in life our area of expertise it will go along
way to put us in the rightful and enjoying lifetime jobs or business
career pathway, that we both love and enjoy doing that's where government financial inclusions comes into play to ensure stable income rate and economy for all their citizens.
These entrepreneurs and small scale business folks are undeserved.AS the financially excluded from the government financial inclusion support policy
This solution can make all of us have a stable income earning rate
and national economic reserve and the reward that this solution proffer
is lifetime rewarding.
This solution can make all of us have a stable income earning rate and national economic reserve and the reward that this solution proffer is lifetime rewarding.
With the government financial inclusion advocated policy for the entrepreneurs and small scale businesses.It will ensure the targeted key populace lives are tremendously impacted and transformed.
With our passion for the tremendous change within the key population.We
are in good position to bring to fruition the required enormous change for the targeted key population.
My team posses skills like counseling, Training and implementation of feasible start up for willing entrepreneurs and small scale businesses.while still advocating for government financial inclusion support for them.
As team we have past experience in this field as a result of working with locals with same challenges in the past in a community in Nigeria.Even though they are a bit less population than what we have on ground currently.But that didn't make a difference as long as this solution is feasible and glaring.
The team lead and the targeted key populace representative work hand-in-hand to ensure this solution works effectively for the immense benefits of entrepreneurs and small scale business folks input, ideas, and agendas.
- Make it easier and more affordable for individuals and MSMEs to make investments and transfer payments, across geographies and across different types of platforms
- Nigeria
- Scale: A sustainable enterprise working in several communities or countries that is focused on increased efficiency
My solution currently serves 1000 pupil both in urban and rural areas.
Am applying for solve to make this solution more adoptable for the benefit of the targeted key populace as we are face with market barriers seldomly and for partnership with solve in proffering solution to other seeming challenges in the nearest future.
- Business Model (e.g. product-market fit, strategy & development)
- Financial (e.g. accounting practices, pitching to investors)
- Human Capital (e.g. sourcing talent, board development)
- Legal or Regulatory Matters
- Monitoring & Evaluation (e.g. collecting/using data, measuring impact)
- Product / Service Distribution (e.g. delivery, logistics, expanding client base)
- Public Relations (e.g. branding/marketing strategy, social and global media)
- Technology (e.g. software or hardware, web development/design)
Because of the feasibility of this solution in the past with enormous results and success.
The key population are provided with basic amenities such as aid
support, skill acquisition, orientation and other supports they need
within our disposition.We use their representative as the key person to
channel their needs and concerns.While their representative convey our
message and support to them with this method positive impacts in the lives of these entrepreneurs and small scale business folks are glaring.
My goals are to ensure that the key population really benefited from the solution.So that they can create businesses and become business owners.And if possible if everyone across Nigeria with formal or informal business skills can create businesses for themselves and boosted with the government financial inclusion policy.The issue of financial exclusion will be a thing of the past.
For the next five years I will do my best to expand the solution network to countries that have not be reached.And with MIT Solve support and other donor organization support.Am sure the concept will be of immense benefit globally.
- 1. No Poverty
- 2. Zero Hunger
- 3. Good Health and Well-being
- 4. Quality Education
- 5. Gender Equality
- 6. Clean Water and Sanitation
- 7. Affordable and Clean Energy
- 8. Decent Work and Economic Growth
- 9. Industry, Innovation, and Infrastructure
- 10. Reduced Inequalities
- 11. Sustainable Cities and Communities
- 12. Responsible Consumption and Production
- 13. Climate Action
- 14. Life Below Water
- 15. Life on Land
- 16. Peace, Justice, and Strong Institutions
- 17. Partnerships for the Goals
With my career pathway and volunteering experiences with diverse organization. I intend to implore same to ensure the success of this solution as time unfold.As we already progressing over the past 3 years and impacted lives.In ensuring no hunger , zero poverty and decent work & economic growth to mention a few among the targeted key populace and working all other indicators as time unfold.
I believe that anything worth having is worth working for that my basic
theory.And I want it to go beyond theory to practical.That way the
target populace will testify to that very fact and with their testimony
and constructive criticism.We will know our weakness and strength and
thereby looking for the way to overcome our loophole and enhance our
strength.
I believe that anything worth having is worth working for that my basic
theory.And I want it to go beyond theory to practical.That way the
target populace will testify to that very fact and with their testimony
constructive criticism and accolades.We will know our weakness and strength and
thereby looking for the way to overcome our loophole and enhance our
strength.In ensuring total and maximum effect of this solution as anticipated.
First I must say that Knowledge based technology is the bedrock followed by hardware technology and software technology.
- A new application of an existing technology
- Artificial Intelligence / Machine Learning
- Audiovisual Media
- Behavioral Technology
- Big Data
- Crowd Sourced Service / Social Networks
- Internet of Things
- Software and Mobile Applications
- Virtual Reality / Augmented Reality
- Ghana
- Nigeria
- Australia
- Bahamas, The
- Barbados
- Brazil
- China
- Colombia
- Costa Rica
- Croatia
- Curacao
- Honduras
- Hong Kong SAR, China
- India
- Romania
- Venezuela, RB
- Nonprofit
We make equity and diversity inclusion our goal as all gender, color, religion, culture are welcomed, respected, supported, valued and included.
We provide them with first hand information's, orientation , and ensure the people agitating are to follow the due process in showcasing their grievance, and support them other ways within our jurisdiction and disposition.
These ways the issue the key population is facing is bring to the barest minimum.
- Individual consumers or stakeholders (B2C)
We ask for donor agencies assistance, invest personal incomes and also
file for grants to ensure the solution is not hampered with finances.
We have not received donation or grants yet but hopeful.Personal investments and team contribution have been doing the magic for us.
But we hope to improvise by liaise with solve for maximum input and output.
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Mr.