Best Ideas 2020 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.
Afrik Designers. / ("Building The Infrastructure For African Culture.")
Explain your idea in details:
Afrik Designers is a start-up retail that will be officially launched in March 2021,here in the confluence city of Lokoja_Nigeria,to design and manufacture African print fabrics for the new generation of Africans and anyone who wants to explore what Africa has to offer.We are carefully registered with the Nigerian authorities.Our-niche is to create apparels that are office-ready and by so-doing,incrementally ensure global visibility for African native apparel.The fashion-industry is one where there are various range of available customers of both sexes and ages.Therefore our target market cant be restricted to just a group of people,but all those who wants to explore what Africa has to offer.In view of that, we have conducted our market research and we have ideas of what our target market would be expecting from us.From the result of our marketing strategy,we would be engaging in our fashion design business in order to cater to the following groups of people;Music and movie celebrities,Business People,Government officials,Models,Male and female adults.We felt there was a gap in the market as most of them are often disappointed due to the design which are Purely done and delivered late.So we decide to solve this problem by providing them with quality clothing using African print fabrics.We offer this products at reasonable prices with exemplary services.Our customers wanted high-quality clothes that fits well and also caters,both to local trends as well as international.We will be deploying the right technology that will help us become efficient in producing the right designs to them.In five years our-mission is to outfit every man who wants to look sharp and smart.Our-Vision in five years is to establish Afrik-Designers_brand as Africa's premier online fashion retailer,serving a global customer base,offering a wider product assortment and category offering and have further built out our technological-capabilities to provide exceptional customer experience,the best.
Expected impact of your idea on sustainable development
We are very passionate about the UN Sustainable Development Goals especially (GOAL 8 and Goal 9), and as we start-up We look forward to develop quality, reliable, sustainable and resilient infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all. As Global unemployment increased from 170 million in 2007 to nearly 202 million in 2012, of which about 75 million are young women and men. Nearly 2.2 billion people live below the US$2 poverty line, many hundreds of millions of them in Sub Saharan Africa and South Asia. Poverty eradication is only possible through stable and well-paid jobs. So we intend to give back to the society in two ways: The first one is through "Job Creation" in that we provide jobs and training to local craftsmen and artisans in other to reduce unemployment in our communities. And secondly theres "Empowerment," in the sense that we focus on empowering youth and women especially within the Apparel Manufacturing Teams (AMT). As a social start-up Our mission is to support the UN Sustainable Development Goals in providing continuous training to up-skill our craftsmen to be able to produce world-class products and increase their employability. Within 5 years our target is to reach 10, 000 young people across Nigeria to creates viable impact and some of them will be jobs creators like we. But we cannot do this alone. We intend to partner with the government, private sectors, civil societies and start-ups alike to make sure we leave a better planet for future generations. And Finally allow me to Put an emphasis on some of our best value that we care about. That is education, Innovation and sustainability.
Plans for implementation and sustainability
Afrik Designers is a business started and run by two friends, my humble self Umar Imam and my co-founder, Cynthia Mbamalu we are both fashion designers with a degree in business.We used to dream a lot of the future, sharing life perspectives and it is so pleasant how our desires are converged to become a common vision. And so we have decided to seek for several sources whilst looking for funds in starting our business. We have therefore decided to restrict the sources of start-up capital to 5 major sources. Therefore the areas which we intend to generate our start-up capital; Generate part of our start-up capital from our personal savings. Source for soft loans from family members. Apply for loan from the bank. Apply Grant For Start-up business. Apply for loan from a private investor. N.B: We have been able to generate the sum of $20,500 from our personal savings. We sourced for the sum of $10,000 from our family members and friends. We applied for a loan of $110,000 from our commercial bank. All the approving documents needed in ensuring that the loan gets credited to our business account have been signed. The bank loan is expected to be repaid in 5 years at a 2% interest rate. Also, we approached a private investor in the fashion industry, who is interested in mentoring us whilst also giving us a loan of $50,000 for our business. To ensure that our business grows to the standard that we intend for it, we intend to re-invest our profits back into the business. This act will enable us boost our bottom line and ensure that we can suitably expand when we need to. Our re-investment strategy is carefully planned as we also intend to pay back our loans during this period.
My names are Imam Umar Awwal,I'm 21 years old.I'm an indigene of (Ofu) Local Government in Kogi State_Nigeria.I'm a self taught tailor with a passion for Arts & craft.I come from a family of entrepreneurs, and growing up,I saw first-hand the challenges of growing a business and initially I was more attracted to a structured 9-5 job.Along the way,I realised that the roles I enjoyed most professionally were the ones that were entrepreneurial.Before starting my business as a Fashion Entrepreneur,I was working full time in a private company where I was the Customer Relations Manager and also did a bit of business development. During this time I Sewed and designed clothes as a side hustle in my apartment.I always wore my designs to the office and I got a lot of amazing comments and I even made pieces for some of my colleagues and received a lot of referrals from them.It got to a point in my life where I felt like I wanted to do more,I wanted to stop rejecting orders because my 9am-5pm job was very tasking and it didnt give me the time to take as many orders that I would have loved to have taken.In my quest of becoming more and doing more I decided to resign from my corporate job and face my fashion business full time,and I later resigned just to follow my passion and created a company which will serve as a source of employment for other young men and women like me.It has been an interesting,challenging and also a rewarding journey so far.I honestly dont have any regrets quitting my job to run my fashion business.In life you either work for others or work for yourself,and I chose the WAY to work for myself which also means working for the Society.