The Youth Citizen Entrepreneurship Competition is an activity within the framework of the UNESCO Global Action Programme (GAP) on Education for Sustainable Development (ESD)

Best Projects 2019 features all the nominated entries submitted ‘Submit your Project’ category. All the entries consist of innovative projects run by existing enterprises in the form of businesses, NGOs or informal programs.

SokoHela

Your title/position Founder
Type of Enterprise registered company
Year the ngo or company was founded 2018
Website
This bar shows in a scale of 0-10 the Factor of an idea and his owner PROPORTIONAL TO ALL OTHER IDEAS AND OWNERS - 10 is the best, 0 is the worst value. The blue bar changes constantly due to the votes, comments, ratings and activities on this and other ideas.
1 10
Vote now! 6

Explain your project in details:

We are offering short term working capital to micro and small enterprises in the urban agricultural value chain. SokoHela empowers small grocery kiosks, cereals shops and other food vendors by offering timely, convenient and tailor made working capital bundled with financial literacy training and aggregation with rural farmers. We offer our solution through a mobile application that is designed with the immediate needs of the micro and small enterprises.

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Impact of your enterprise on sustainable development

Small and micro enterprises will be able to upscale their businesses in terms of growth because they can easily restock meaning that they will have improved incomes thereby reducing poverty. Financial literacy training is meant to empower them to make good business decisions and be able to save which will easily finance growth and improve their household incomes. Aggregation with the farmer is to improve incomes of rural food producers through good prices and reliable incomes reducing poverty. Urban vendors will be able to get their food supplies on time in a cost effective manner which will be passed on to the urban dweller/consumers in form of low food prices increasing disposable incomes which improves quality of life.

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Sustainability and future plans

The business will be making money from interest that is charged on loans. We will also be able to make money through aggregation of the urban vendor with the rural farmer. We plan to serve 7,000 micro enterprises in Nairobi as much as the market has 30,000 vendors in the agricultural value chain. The business has potential for growth by tapping into this under-served market. Currently, we are financing from internal sources and generated profits but we will be looking at grants to fully develop our product before fundraising from funds and angel investors.

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Your profile as an entrepreneur

I am 32 years old. I believe that the agricultural food supply chain should be simple and that is why i am motivated to unchain the rural farmer by empowering the urban agribusiness/vendors since they are their main supply outlets. This will be to the benefit of the urban consumer who has to bear with high food prices that are not of good quality due to time wastage impacting on their disposable incomes. 50% of households budget in urban areas goes towards food and we can only have sustainable economic growth and reduce poverty levels if we can reduce food prices in urban areas. I hold a Bachelors of Arts degree in economics and a Masters of Science in Finance and Investments armed with 7 years experience as an agricultural credit analyst. I am passionate about African solutions to our problems because we are in a better position to understand our pain paints and should be at the forefront in improving on our agricultural ecosystem.

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Comments

June 24, 2019 07:16

Hello! Vote #6

Nice to see your project in Entrepreneurship Campus community! Let's continue supporting each other with votes and comments! =)

My project is to facilitate reintegration of the vulnerable people into society, by encouraging entrepreneurship and job creation, through an Ecological Community.
https://www.entrepreneurship-campus.org/ideas/22/13160/

Have a great day!

June 23, 2019 10:35

Hello! Vote #5

Nice to see your project in Entrepreneurship Campus community! Let's continue supporting each other with votes and comments! =)

My project is to facilitate reintegration of the vulnerable people into society, by encouraging entrepreneurship and job creation, through an Ecological Community.
https://www.entrepreneurship-campus.org/ideas/22/13160/

Have a great day!

June 22, 2019 16:44

Good afternoon

Am back again. How are you finding time around the campus platform so far?

Lets keep supporting each other through teamwork. Have a great weekend..

Regards
MotherCare app
https://www.entrepreneurship-campus.org/ideas/22/14382/
(Best Ideas Category)

June 22, 2019 05:01

Hello!! Vote #4

I hope your project is one of the finalists of "Best Project 2019" in General Competition.

I count on your support for the Ecological Community PopulAction as one of the Best Ideas 2019 in Youth Competition!
https://www.entrepreneurship-campus.org/ideas/22/13160/

My project is to facilitate reintegration of the vulnerable people into society, by encouraging entrepreneurship and job creation, through an Ecological Community.

June 14, 2019 12:02

Hi dear,
its another beautiful day of voting, I believe sustained efforts and your creativity will pay off, on and off this platform. keep doing what you do and all the best
EkJ-edUnify
https://www.entrepreneurship-campus.org/ideas/22/14316/

June 13, 2019 23:33

I am here again to support on this amazing opinion lets make a change that will benefit the entire world . all the best

kindly let continue with the support

Regards
https://www.entrepreneurship-campus.org/ideas/my-ideas/13566/?

June 13, 2019 23:33

I am here again to support on this amazing opinion lets make a change that will benefit the entire world . all the best

kindly let continue with the support

Regards
https://www.entrepreneurship-campus.org/ideas/my-ideas/13566/?

June 13, 2019 20:53

Hello

Well done and i wish you all the best in this competition and implementation of your project. Let continue supporting each other through votes and comments. You can read my idea too "Waste papers recycling to useful products' and support it with a vote and comment https://www.entrepreneurship-campus.org/members/tumainisimon/ideas/my-ideas/14251/

June 5, 2019 23:22

Hello

Great project, well done and i wish you all the best.You can read my idea too "Waste papers recycling to useful products' and support it with a comment and vote https://www.entrepreneurship-campus.org/members/tumainisimon/ideas/my-ideas/14251/

June 4, 2019 18:51

Hi,

I have sent out my vote again today. You are doing a beautiful thing in your community by empowering the people. Kudos!

Also, do well to support, vote and comment on my idea at https://www.entrepreneurship-campus.org/ideas/24/13054

Keep Faith!

June 3, 2019 22:24

It's a beautiful day to vote, since it's a a new week, plus i will vote for your idea, kindly vote mine on your next activation. if you vote mine, kidly drrop a comment and ill make sure to vote you too. Thank you.
https://www.entrepreneurship-campus.org/ideas/22/14316

June 3, 2019 08:33

Hi,
Your idea is great and I hope it has a great impact.

Lets Support each other. Can you please spare some time and vote for my idea STEP (Slums' Transformation & Empowering Population) in order to support slums and alleviate poverty.

Click on this link https://www.entrepreneurship-campus.org/ideas/22/14234/ to vote.

Thank You

Best Regards,
Haleema zia from Pakistan

June 3, 2019 08:32

Hi,
Your idea is great and I hope it has a great impact.

Lets Support each other. Can you please spare some time and vote for my idea STEP (Slums' Transformation & Empowering Population) in order to support slums and alleviate poverty.

Click on this link https://www.entrepreneurship-campus.org/ideas/22/14234/ to vote.

Thank You

Best Regards,
Haleema zia from Pakistan

June 3, 2019 03:05

You have my vote!! I am Impressed!!! truly amazing the way how you plan to solve social and economic problems through critical thinking, keep up.

If you may, please take a look at my ideia which is in the BEST IDEAS category.

https://www.entrepreneurship-campus.org/ideas/22/15064/

Let us make a difference in the world!

May 29, 2019 07:42

Greetings,

Happy International Menstrual Hygiene Day.

Your project idea is amazing :)

We're so excited to have been nominated under the youth best ideas competition category. Kindly show your support by reading commenting and voting for us at https://www.entrepreneurship-campus.org/ideas/22/15089/

Thank you,
Natasha Sichula
HERZ CEO