Feedback Saafiri.com

23% Raised

Short Summary

Saafiri is a reliable, convenient and affordable city-to-city mobile app with Govt. ID verified members that helps you find, connect and carpool with others going your way. The driver and passengers all share journey costs between each other, which works out cheaper for everyone.

Highlights

  • Very positive feedback from potential riders/customers
  • Excellent experienced team assembled
  • Beta website launched
  • Beta App available
  • The back-end and front-end software is complete.

Overview

Country of Investment
Kenya
Sector
Travel and Local
Stage
MVP / Testing
Currency of Investment
USD
Estimated investment required
$ 1,000,000
Minimum investment
$ 100,000
Previous rounds
$ 65,000
Projects internal rate of return
40%
Use of funds
Additional Features, Team & Office & administration costs
Repayment source:
15% service charge on fares charged by drivers.
security:
Project future cash flows and company assets.
Expected break even period:
Month 24.

Got a question about this project? If you need any more info, you can contact the entrepreneur directly.

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Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

The Team


MM

Michael Muriuki

CEO / Product Development
Studied UoN and Marketing & Business Management at KIM Business School and accounting ,experience in management and turn around as well as an entrepreneur. Was prior to Saafiri International Ltd working as a business consultant with focus on restructurings.
KG

Kenneth Gichuhi

Chief Technical Officer
Kenneth is has an Advanced Diploma Business Information Technology, Oracle Java Certification(OCAJP,OCJP,OCE,OCM from Graffins college and African Nazarene university. He has worked at Smuggr consultants, Kenya National Theatre and Capital Limo services.
CK

Connie Kibui

Public Relations
Studied at Jkuat with a major in PR and International Relations at USIU. Worked at Kenha as a PR consultant.
GM

Geoffrey Muriuki

Web / Software Developer
Senior full stack developer with a strong background in modern JavaScript and Node.js technologies. Highly experienced in web developing applications using popular JavaScript frameworks, libraries and tools, and recently focused on Single Page Applications development with MEAN/MERN stacks Over 5 years of experience with PHP, and four years with Laravel and Node.js.
Saafiri

The Deal


Looking for US$1,000,000 - Min per Investor US$15,000


We are offering a generous and solid 25% return for a 12-month loan.

Full Business Plan will be sent upon request


I'm Interested

Documents


Got a question about this project?

If you need any more info, you can contact the entrepreneur directly.


Ask a question Request a call