The Big Smile and Bright Face startup is aim at meeting the needs of small businesses and to change idea to actionable or operational ventures. This is a poverty alleviation scheme and local development initiatives for sustainable, equitable, and inclusion growth.
- We have working testable prototype.
- Beta website launched.
- Very possible feedback from potential customer.
- Jobs creation and employment generation.
- Community development.
- Humanitarian relief aids.
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The Business details for the Big Smile and Bright Face project
A financial and loadable service for investments growth and venture creation. We are providing a free and equitable loans at zero interest rate with no collateral security over a period of one year. The startup is regeneration and creation new livelihood. The business is ensuring income accessibility at the community level for everyone.
This is a multiple effect theory to bring more investment to vulnerable people and local community. The business is aim at credit creation and capital acceleration to bring into existence chain of chain of businesses or ventures. This is a great business opportunity.
The startup will focus and carryout business activities in the conflict affected region of the south west region of Cameroon. With time, the business will explore and extend it activities in the conflict affected region of North west Cameroon and others IDPs host communities in the littoral, centre and west regions all in Cameroon. The business project is main targeting conflict affected unemployed youths and vulnerable rural women with existing or rich idea for venture creation. Our competitors are directly others organisation’s working in the field of the issues. Commercial banks and other informal financial initiatives like Njangi are our indirect competitors for how business on loan provision. Our competitive advantage is based on the point that we are providing free business management and entrepreneurship and skill development for our customs. We also assistance and accompany our customers in the purchase of their equipment for business.
Progress/Proof of the Big Smile and Bright Face project
Our organization have been in place for more than 2 years and have a head office for the running of the project. We also a good and well experience team member for the project in place. The organization and team have carried out a previous project in the training of 10 girls in Hair dressing and provided a loan to be paid in the next business year. The organization have a website and social handles in place.
We have already identified and selected another 200 for loans in our skill development programs and in in the community. At the moment, we are operating as a nonprofit and are not generating any revenue. In the future we will generate revenue by providing our loan at affordable interest rate to the customers in the organization. A business plan with a detailed presentation is available upon request.
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The general objective or goal of the business is to ensure an equitable and inclusive access to business opportunities and livelihood improvement for everyone and every community. The specific goal is to increase livelihood and business establishment through the provision and granting of loan at zero interest and no collateral security.
We intend scaling the initiative through the creation of new branches to meet new clients. To achieve this, we will need the services of accountants, bankers, management officer and security officers.
The Deal details for the Big Smile and Bright Face project
- The Big Smile and Bright Face project target is $ 20 000 With a minimum of $ 100 per Investor.
- No previous investment was raised for this deal.
- We are offering equity or accepting loans.
The funding will be use specifically to acquired loanable capital for investment and livelihood improvement or creation.
- No benefits like the EIS scheme or SEIS scheme are offered.
- Current stage of the project is Pre-Startup/R&D.
- Any investor role is acceptable for this project (Silent Investor, Daily involvement investor, Weekly involvement investor, Monthly involvement investor).
- Any investor type is suitable for this project (Angel Investors, Peer-to-Peer lenders, Personal Investors, Venture Capitalists).
- The main industry for this investment opportunity Is Finance with a subcategory of Investment.
- We are located in Cameroon.
Contact us for more information and details about the Big Smile and Bright Face project
Disclaimer: The content of this investment opportunity has not been approved by an authorised person as defined by the Financial Services and Markets Act 2000. Relying on this investment opportunity to involve in any investment activity exposes an individual to a significant risk of losing all of the property or other investment funds. Investors should conduct their own thorough research and seek professional advice.