Best Ideas 2019 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.
SMART Me, transforming the youth
Explain your idea in details:
The objectives of the project are, 1. igniting saving habit through our workshops, seminars and youth events (sports and games completions) 2. Naturing through mentor-ship programs, providing different personalized saving products and offering free business consultancy to our clients for financial advise 3. Promote and sustaining the impact through awards, prize giving and annual goal festival to cerebrate successful smart saving members. The project integrated the best approach of CLTS in innovative way to meet our goals, these approach includes Fear, emotional/ imagination of the past present and the future threat of poverty and dependency by calculating the magnitude of economic backwardness to individual person and belongings due to lack of saving habit, here individual realize his/her worse life and the lost wealth due to lack of saving habit, unplanned purchases and unnecessary expenditures contributing to poverty. Disgust arousing revulsion or strong disapproval by calculating total loss/ financial death incurred daily due to unexpected and unnecessary expenditure per week, per year and per 5 years, acknowledging the best losers and encouraging the least losers to lose more to become poor and dependent forever. Shame - painful feeling of consciousness of the concept of dependency and poverty to youths. For males the triggering will be done by female team members, while male team members will be triggering for females also we will use a group of disabled to reveal the truth.These targets to ignite the mind of dependency and entrepreneurship. Perceived benefits the future is exciting by calculating the total wealth accumulated depending on individual saving capacity per week, per month per year per 5 years, this will attract the mind of engagement to serving plan challenges for fulfilling individual goals and breaking the chain of dependency and poverty.
Expected impact of your idea on sustainable development
1. To raise awareness among youths with an estimate of reaching out to 100,000 youths in the period of five years with total coverage of 30 workshops, TV and Radio sessions and our social media platform i.e facebook, twitter, facebook and Instagram. Measure; Response to opening smart me saving accounts/NBC saving accounts and the number of subscribers to our social platforms Number of youths who testify their successes through smart saving in our annual celebrations 2.Smart saving habit Measure; People showing commitment to open savings accounts, Personal commitment for saving options by observing the trend, Increasing capital investment in the collective savings account, Increasing the number of members running new business ventures. The level of youth independence financially through self-employment and reduced youth unemployment rate in the period of 5 years from July 2020-2025 3.Provision of startup funds to groups of young serious entrepreneurs from the 2 percent interest rate out of 7 percent of the principal amount offered by the Bank due to the collective investment of more than US$300,000 made out of the collective savings account as the project becomes mature. measures increasing number of supported youth entrepreneurship group
Plans for implementation and sustainability
The project is implemented by SMART Me organization a nonprofit nongovernmental youth lead organization. with a vision "a youth-led world without poverty through smart saving for sustainable economic growth of people" and mission "to be an innovative organization that delivers superb saving products and services, ensure smart economic growth for our people and contribute positively to the community" this year from May 2019 to December 2019 we are planning to reach out to 958 youths in universities and colleges in 3 workshops we anticipate to conduct this year as part of the pilot study to test feasibility of the approach through fundraising. Our first workshop pilot was held 25th, May 2019 at IFM Dar es Salaam Tanzania the pilot was fully funded by National Bank Of Commerce (NBC) Tanzania and we worked in partnership with Unilife Campus organization, students organization and University Management Example Students organization provides volunteers to organization the event and publicity. University management provided permission to hold the event, venue, and security. the project is sustainable due to internal funding at its implementation series II, the funding and operational cost will be generated from 7 percent of the compound interest rate offered monthly from smart me youth collective account, the circle of ignition, naturing and celebrate retain knowledge circulation in the community of continuing students and new enrolled yearly. lastly, the approach is cheap, easy and more rapidly and as it is revealed in our first pilot held at IFM Dar es Salaam was attended by 198 students and stuffs of which 60% opened New saving Accounts instantly at NBC service desk. despite challenges, we encountered the responses were so promising on future workshops.
Innocent was born in October 1997, he is a second-year student currently pursuing Bachelor of Science in Environmental Health (BSc EHS) at the school of public health and social sciences (SPHSS), Muhimbili University of Health and Allied Sciences (MUHAS) in Dar es Salaam, Tanzania. He believes in knowledge development for personal and professional growth thus, he has been taking and certified in different pieces of training and seminars including Grant writing workshop, YALI online courses on leadership, African Youth for transparency and accountability on SDGs, Volunteerism and transformational leadership, Social enterprises by Dot Trust Tanzania, innovation for human development by HDIF, intellectual property by HDIF His passion to seek knowledge and understanding problems facing the youth, drove him to found a youth-led organization 'SMART Me transforming the youth" His passion and commitment to engage and transform the youth particularly in areas of employment, entrepreneurship, Knowledge, and innovation have been the driving force for his career development to bring the sustainable solution to lives As a leader currently, 2018/19 Innocent is a president of Tanzania Environmental Health Students Association (TEHSA), in his presidency he managed to amend the TEHSA constitution of 2004, organized students academic projects, events and trips including a trip for 7 students to attend IFEH-MUEHSA Academic world scientific conference held in Kampala Uganda. Also is a minister of outreach programs and external affairs for MUHAS Student Organization (MUHASSO) he organized a symposium for debate on the deployment of Artificial intelligence (AI) in health care held at MUHAS, which was attended by 367 students, staffs and policymakers from different institutions, governmental and no governmental organizations. Additionally Innocent is now volunteering at KITE Dar es Salaam working with cross-cultural and a diverse group of young people in health project particularly in the areas of sexual reproductive health to urban youth