Tag: Kuzimba Services

  • #40Days40FinTechs Initiative Season 5, Day 15: Kuzimba Services is using FinTech to support Construction

    #40Days40FinTechs Initiative Season 5, Day 15: Kuzimba Services is using FinTech to support Construction

    Construction is a time-consuming and expensive venture. A lot happens from purchasing a plot of land to having house plans drawn, approved and construction done. It becomes more stressful when you have to look for all these services, one by one.

    However, this hustle and bustle is a thing of the past thanks to innovators thinking out of the box and developing platforms to mitigate this stress. One such innovation is Kuzimba Services; an online supermarket for all construction products and services.

    “We are an end-to-end management digital platform that simplifies your home building process. We provide all construction services as well as different products for building and construction. We started Kuzimba in August 2020, during the COVID-19 pandemic as a digital platform to create opportunities for engineering graduates mainly my students as I was a lecturer at the Engineering department of Kyambogo University at that time,” Ephrance Eunice Namugenyi, the founder and managing director of Kuzimba Services said.

    Kuzimba later participated in the 2021 HiPipo Women in FinTech Hackathon which it won. Since then, it has transformed into a one-stop center for all construction needs.

    “We attended the 2020 Hackathon and didn’t win. We never gave up and came back for the second Hackathon in 2021. This time, we were able to be victorious. This victory gave us an open platform to launch and operate. The Hackathon not only improved our platform but also continues to give us free marketing,” Namugenyi noted.
    She highlighted that Kuzimba has since integrated FinTech enabling customers to be able to place orders and make payments digitally on the Kuzimba platform.

    “Kuzimba is a digital payment platform. When a customer logs on to our platform, they then register as clients after which they start choosing the items and services they want. Whatever product or service you pick is added to your cart and totaled up. The payments have been simplified and are now available on the platform thanks to an API we have integrated that supports mobile money and bank card payments.

    Customers can make a partial or full payment after which their orders are prepared and delivered,” Namugenyi explained, adding;
    “We started as a partnership but at the start of this year, we registered a fully-fledged limited company. This is a great milestone for us as it shows that we are progressing and moving in the right direction. We have so far served over 5000 customers.”

    Kuzimba Services has featured on Day 15 of 40 Days 40 FinTechs initiative Season 5.
    Run under HiPipo’s Include Everyone program that also encompasses other initiatives such as FinTech Landscape Exhibition, Women in FinTech Hackathon, Summit & Incubator, and the Digital and Financial Inclusion Summit and Digital Impact Awards Africa; the #40Days40FinTechs platform aptly provides a setting for the various players and stakeholders involved in digital and financial technology to exhibit their products and services. It also gives players a platform to share their ideas on how the unserved and underserved by the present financial systems can be brought into the fold.

    With over 150 participants in the last four years, #40Days40FinTechs continues to be the world’s premier showcase event for innovations that are enabling underserved populations to join the digital economy space. We know that this can only get better owing to the inspiration and collaboration of our partners; Level One Project, Mojaloop Foundation, INFITX, Cyberplc Academy, Ideation Corner, and Crosslake Technologies. Most importantly, the initiative owes its continued success to the generous support of the Bill and Melinda Gates Foundation.

  • #LevelOneProject: Kuzimba Services wins 2021 #WomenInFinTech Hackathon

    #LevelOneProject: Kuzimba Services wins 2021 #WomenInFinTech Hackathon

    The week-long Women in Fintech Hackathon came to an end last Friday with Kuzimba Services, providers of online construction and engineering solutions being declared winners after shrugging off tough competition for the top prize.

    Organised by HiPipo in partnership with Crosslake Technologies, ModusBox, Mojaloop and Level One Project, the hackathon that culminated into the Women in Fintech summit, also saw all the teams that made it into the top six rewarded with cash prizes in addition to further three months training –incubation program.

    Kuzimba services, whose team leader is Eng. Ephrance Eunice Namugenyi, won the top cash prize of Shs4million in addition to further three month training in different aspects, including business side of technology, product management and marketing. Hack Girls – developers of an interoperable payment platform for NGOs were second while PesaJet – with their digital agriculture platform named Farmore came third.

    “What was just an idea has turned out to be real and usable. The hackathon has been hectic but we were up to the task. We knew we had a good product that addresses real community needs but winning the overall product has been a huge surprise,” Eng. Namugenyi told Daily Monitor in an interview after her team scoping the overall prize.

    She added: “With Kuzimba web/mobile app, you can quickly get help on estate/site/home building/construction. We provide online and fast engineering solutions, making purchase of building materials and transportation easy as well as providing access to building experts, carpenters, transportation means, architects, interior designers, cleaners and engineers.”

    The Women in Fintech hackathon had 16 teams that were women led and women dominated with each team having between two to four members, majority of whom under the age of 30 years. The hackathon introduced the participants to new and emerging tools and technologies that are available to help them create inclusive and instant payment solutions that can ably serve people at the bottom of the pyramid.

    Trials and Tribulations

    Although HiPipo and partners, including Crosslake Technologies, ModusBox, Mojaloop and Level One Project, are looking at empowering more women in the technology space, particular in areas of developing innovative and interoperable technologic solutions, there are still numerous barriers hindering women participation in Fintech and technology as a whole.

    Discussing challenges and way forward at the Women in Fintech Summit, Founder and Author of Ideation Corner, Ms Damali Ssali noted that cost of both internet and digital transaction remains way beyond what many women, including those in Micro, Small and Medium enterprises can afford. And this explains why only just about 10 per cent of money is being exchanged digitally in Uganda.

    As for Ms Doreen Lukandwa, the Vice President Global Enterprises at MFS Africa/Beyonic, women need to be allowed to be revolutionaries as it is through this freedom to invert and innovate that they can eventually develop products that empower them to be better across the economic sectors. Offer support.

    Nonetheless, Innocent Kawooya, the HiPipo CEO noted that even amidst several challenges, stakeholders both government and private must continue to empower and encourage more women participation in technology at all stages as this is one of the surest ways of closing the gender diversity gap in the technology space.

    “Our intention and that of our partners is to ensure that the technological gender gap is closed. Platforms like the Women in FinTech hackathon and summit are just one example of what we are doing to empower women,” Innocent Kawooya said.

    He continued: “We want to see more women in the digital innovation space, support them to not just understand but also innovate digitally. We will also continue working towards inclusive digital solutions as well as creating technologies that support and help populations at the bottom of the pyramid get financially included.”

    Additionally, Hon David Karubanga, the HiPipo Patron and MP for Kigorobya County noted that the government of Uganda is committed to enhancing financial inclusion and women empowerment.

    He promised to work with HiPipo to present all the sixteen teams’ ideas to the Ministry of ICT and deliberate on how they can be further helped.

    Top Six Teams

    1. Kuzimba Online Services – Online Supermarket for Construction and Engineering.

    2. Hack Girls – An interoperable finance management solution to enable NGOs and other organisations disburse bulk transactions to final beneficiaries.

    3. PesaJet (Farmore) – A digital platform for smallholder farmers offering garden inputs, markets, savings and loans.

    4. Green Shares – Digital Payments for small holder Farmers

    5. Mpa Mpe – A fundraising platform for young entrepreneurs and their businesses.

    6. Farmers Financial Development Avenue (FFDA) – A solution that connects farmers to banks, helping them have easy access to credit services.

     

  • Kuzimba services; helping Ugandans access all building materials online

    Kuzimba services; helping Ugandans access all building materials online

    From bricks and cement to painting, plumbing and décor services, anyone undertaking a construction project can now access them under one roof, just with the click of a button, thanks to Kuzimba Services.

    Established in April 2020, Kuzimba Services, the online web Application, aids estate, site or home building by providing fast engineering solutions and making purchases of building materials easy.

    According to Kuzimba Services Business Store Manager, Ephrance Eunice Namugenyi, people no longer have to physically move looking for the materials as they can now be accessed online and delivered at their construction site.

    Additionally, the firm also provides access to building experts, carpenters, architects, interior designers, cleaners and engineers and travel insurance, among others.

    Namugenyi says that once one visits the business website;www.kuzimbaservices.com, they create an account by inputting all their details before they can proceed to make the different purchases for the needed building materials.

    When one gets online and they register; Kuzimba gets a message that someone has initiated a purchase of a certainmaterial. When we get the email, we send them an RFQ and a work plan, depending on the material they have requested for.

    “They then sign on the document and send it back and we makethe necessary arrangements for the clients to receive their order. At Kuzimba Services, we give you reliable service delivery in the fastest time possible as long as you sign up and keep an account with us,” she explains.

    Kuzimba Services participated in the Women in FinTech Hackathon in September 2020, which Namugenyi says created for them visibility and addition to exposing them to latest financial technology trends and new technologies.

    The participation in the Hackathon saw them develop a cash management system, a fundamental requirement for any online business, which has enabled them operate efficiently.

    40-Days  40 FinTechs

    Kuzimba Services is also participating in the ongoing second edition of the 40-Days 40-FinTechs initiative, organised by HiPipo in partnership with Crosslake Technologies, ModusBox and Mojaloop Foundation, and sponsored by the Gates Foundation.

    Namugenyi alludes that the platform is an opportunity for Kuzimba Services to be marketed and to grow to another level.

    The HiPipo Chief Executive Officer Innocent Kawooya also alludes that the 40-Days 40-FinTechs initiative seeks to boost the African FinTech ecosystem to enable innovators enjoy sustainable profitability to help them design and deploy affordable and inclusive financial services for the poor.

    Kawooya adds that FinTech is the launch pad on which the promise of full global financial inclusion will be fulfilled. He also notes that FinTech in Africa offers attractive opportunities as investors are rightfully picking interest in the various startups that are offering a plethora of services.