Raising fund to develop prototype for my client

Ezekiel

Lagos, Nigeria

164% paid forward

Entrepreneur

Name

Ezekiel

Member since

October 2021

On-time repayments

30 installments  •  100%

About Me

“Unemployment and poverty are two of the major issues currently affecting Nigeria’s economy and its society. According to data released by the National Bureau of Statistics, the population of the unemployed in Nigeria during the last quarter of 2020 (Q4 2020) stood at 33.3 per cent – an increase of 6.2 per cent points compared with the 27.1 per cent of Quarter 2, 2020 (Q2 2020). This places Nigeria in the number three position among countries with the highest number of unemployed people in the world”

In scenarios of rising unemployment, our proposed business centre will create an enabling environment that creates employment opportunities. In addition to use of ICTs to provide new avenues for job creation that could help tackle global unemployment.

We envision a target market of an average %50 Lead generation per day of 1500 clients per month in the first year of our business centre operation. These will include those who make a work-order for IT Development, folks who use our computer terminals at the business centre with possible return on investment of ₦3,000,000 in 24 months and estimated $40 to $60 per day from 40,000 page views from our apps and website.

My Business

Skwnapp Creative Enterprises is a duly registered company with the corporate affairs commission of Nigeria with registration under BN Number: 3423016. As in ICT company. We are solving the problem of affordability issues, surrounding the use of ICT for development and poverty reduction.

Project Proposal

Hello

My name is Ezekiel, my company is into website design. I own www.skwnapp.com

I got a quote request for a project value $1,500 15-30 working days.

But due to some unseen circumstance I could not develop a prototype to show my client to enable them proceed to fund the project I'm to develop for them so I needed to raise funding to enable me meetup with this demand to show a prototype and then secure the contract.

I'm raising to use the money to
* PURCHASE THE DESIGN NEEDED FOR PROTOTYPE

* A MONTH INTERNET SUBSCRIPTION

My Videos

Oct 11, 2022: Be part of my entrepreneurial journey

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$30.00

Date disbursed

Jul 23, 2022

Backers

Gerrit

Palm Harbor, FL, United States

JF

J Fister

United States

A

Anonymous

United States

Aron

Nairobi, Kenya

Sherif

Ilorin, Nigeria

Charles Kwesi

Hohoe, Ghana

Ask Ezekiel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Ezekiel    Sep 16, 2024

    I couldn't meetup. I did much expenses this month. Low customer buying and patronizing due the current rate of inflation in Nigeria.

    Log in to reply • Share
  • Ezekiel    Jul 14, 2024

    For now rescheduling my payment will enable me fulfill my payback due to I'm not really having enough cash at hand to meetup and also run another marketing to generate new sales

    Log in to reply • Share
  • Ezekiel    May 8, 2024

    Ongoing inflation in Nigeria is a bit affecting my business and I couldn't access enough funding to scale. I'm trying to break down the instalment so that I can also have some capital left for business operations

    Log in to reply • Share
  • Ezekiel    May 8, 2024

    My startup is now generating revenue gradually. I thank you for your last investment in my startup

    Log in to reply • Share
  • Ezekiel    Mar 17, 2024

    This is just temporary. Inflation affecting my profits and living for awhile. I need to work more harder to get my pending payment from client so I can clear my loan

    Log in to reply • Share
  • Ezekiel    Jan 27, 2024

    I spent my last raised funds on marketing and SEO, which I am now seeing good results from. However, the amount raised was not sufficient enough to hire more helping hands to join me in making more sales. I am looking forward to raising more funding to solve this problem. Nevertheless, my tech startup is performing well.

    Log in to reply • Share
  • Ezekiel    Jan 27, 2024

    Struggling to balance my budget amidst high inflation rates, I realized that January's sales were not enough to meet my financial goals. It's essential to take action and find ways to optimize my sales strategy to stay ahead of the game.

    Log in to reply • Share
  • Ezekiel    Dec 15, 2023

    Temporarily due to I'm yet to receive some money into my bank account

    Log in to reply • Share
  • Ezekiel    Nov 17, 2023

    My project end of the year report. The last money raise was spent on the project growth and I'm glad it was so impressive despite the hardship of raising more funding for growth and marketing

    Log in to reply • Share
  • Ezekiel    Oct 15, 2023

    Things not going too well for me for now... Situation in Nigeria is not that really easy on my business for me I spent most of my profits on fuel and transportation

    Log in to reply • Share
  • Ezekiel    Sep 19, 2023

    I'm currently passing through alot .... The transportation cost to my working place is not that cool... I'm looking for ways to earn more money so I can pay back. Please bear with me

    Log in to reply • Share
  • Ezekiel    Aug 16, 2023

    I am writing to inform you of a change in the installment amount . The cost of living in Nigeria has been on the rise, and this has had a significant impact on my business. I will be paying my previous loan temporarily with N5000+

    Thank you for your understanding and support.

    Log in to reply • Share
  • Ezekiel    Aug 2, 2023

    The average visit to our website generates $0.23 in revenue. This is a good average, and it means that we are earning a decent amount of money from our traffic. The majority of our revenue comes from our Ad Partners, which is to be expected since they are our primary ad network.

    EPMV (earnings per mille visits) is also good, at $1.42. This means that we are earning $1.42 for every 1,000 visits to our website. This is a good benchmark to aim for, and it means that we are on the right track to generating a significant amount of revenue.

    Our revenue report is looking good. Generating a decent amount of money from our traffic, and our EPMV is also good.

    **PLANS**

    * Continue of raising more funding for marketing to grow our traffic. The more traffic we have, the more money we will earn.

    Log in to reply • Share
  • Ezekiel    Aug 2, 2023

    Hi backers,

    I'm writing to give you a progress update on one of my software product

    I'm excited to share some of the latest data with you. As of today, we have:

    * 2,063 organic keywords
    * 6,770 organic monthly traffic
    * A domain authority of 9
    * 4,193 backlinks
    * 320 no-follow backlinks

    This data shows that we're on the right track. Our website is starting to rank for relevant keywords, and we're getting a good amount of organic traffic. Our domain authority is also increasing, which is a good sign for our long-term SEO health.

    We're still working on a number of things, including:

    * Adding more features to the website
    * Increasing our marketing efforts (hopefully rasise more funding)
    * Growing our user base

    Thanks for your continued support.

    Log in to reply • Share
  • Ezekiel    Jun 8, 2023

    Please my kind backers and Zidisha team am writing to request a rescheduling of my loan repayment. I am currently experiencing financial difficulties due to the current issues ongoing in Nigeria and fuel scarcity in the country. The fuel scarcity has made transportation cost taken up most of my earnings as it drive up my monthly expenses.

    Log in to reply • Share
  • Ezekiel    Jun 8, 2023

    Promising report for more revenue opportunity . This is my website, software products last 3 months performances

    Log in to reply • Share
  • Ezekiel    Jun 8, 2023

    Money spent on marketing campaign paid off though with promising performance and achievement

    Log in to reply • Share
  • Ezekiel    Jun 8, 2023

    I'm glad my software product is growing gradually for more revenue opportunity and higher earnings

    Log in to reply • Share
  • Ezekiel    Jun 8, 2023

    No much revenue from my website but I'm getting revenue from advertisment gradually

    Log in to reply • Share


Loading...

Loading...

Loading...