From 0 to 15K USD in the first month using No-code in Rwanda

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Congratulations Nadia, I am based in KGL and would love to connect with you

samueltuyizere

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4 years ago
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I hope you understand that I mean no offense by my comment but I am highly skeptical of the legitimacy of this platform.

For starters, the title is highly click-baity. "From 0 to 15KUSD" and a link to the platform. It doesn't explain your business model.

How did you find your first customers?
Where is the 15KUSD coming from?

30% ROI seems to high.
I have always been told that if something is too good to be true then it usually is. Even the stock market hasn't returned 30% last year and that was an exceptional year in terms of performance.

I have many more questions but the ones above are a good starting point.

Thanks for your time.

RandomSupernova78

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5 years ago
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  I can't seem to edit the post, This is what I wanted to post:
  
  Hi,
  My name is Nadia, I live in Kigali, Rwanda. You probably don't know where that is (it's in East Africa near Tanzania, you know mount Kilimanjaro, the big 5 and all that cool stuff)
  Rwanda is a tiny landlocked country with a population of 12 million.
  I run a no-code academy where we teach young people how to build stuff without code.
  I think no-code represents a great opportunity for the continent, if you're african and reading this let's connect on Linkedin I manage a group called "No-code for Africa"
  https://www.linkedin.com/in/nadia-mutoni-1b229520/
  
  So as you can guess, the platform is built on a no-code platform.
  
  The problem we're solving is two-fold:
  1- small scale farmers in Africa are used to farming staple foods that they can sell off locally, resulting in low income.
  2-Rwandans living abroad have disposable income they'd like to invest back home. Many have tried to do so via friends and family but it doesn't always work out because well, they just end up tanking the business venture.
  
  With the platform they can invest in profitable agribusiness opportunities such as chia seeds farming for a healthy return (25-30% per cycle of 4 months)
  The farmers can access funds that they only pay back after the harvest.
  
  So far we have digital farmers from USA, Canada, South Africa, Norway, Switzerland and even from right here in Rwanda; middle working class that doesn't have time to deal with farming.
  
  The first month we did 16200$ in sponsorships, that's money paid by digital farmers.
  Main acquisition channels are Linkedin, Facebook, whatsapp status, no paid ads so far.
  
  I still do the onboarding, I get to talk to each of the digital farmers.
  
  I was just offered 24 000$ for 20% equity, I know it doesn't sound like much for you VC guys :D
  But it means a lot to me, it's a great achievement to get such an offer after 2 months of activity!
  I do everything myself for now (vetting new opportunities, marketing, onboarding, community management, customer support)
  
  To all the lurkers reading this, don't wait any longer, just go for it!
  
  It doesn't have to be perfect, just launch.
  
  I've met amazing people along the way.
  
  Happy to answer any questions or connect via Linkedin.
  
  nadia mutoni
  
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  5 years ago
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  1. 1
    
    Thanks for your response. It answered many of my questions.
    
    I am not from Africa but still happy to connect on LinkedIn.
    
    I have no problem with the service being built on a no-code platform. It's great that it works for your needs.
    
    I was skeptical of the ROI, 25%- 30% seems high but without seeing a finer breakdown of the costs and returns, it is hard to evaluate this investing opportunity.
    
    It's great that you found somebody who wants to invest in your company. You are doing better than 99% of us here who are struggling with our businesses.
    
    I wish you the best of luck and will be looking forward to your updates regarding your business in the future.
    
    RandomSupernova78
    
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    5 years ago
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    1. 1
      
      Thank you,
      happy to connect on Linkedin.
      As for the struggle, I think it's important to go through that and learn from the it.
      It wasn't easy getting here and I still have a long way to go.
      I tried many things before that didn't work, because of so many different reasons.
      
      So keep pushing and enjoy the process, enjoy the little wins; a new sign-up, positive feedback from users, a mention on social media or a review of your product from someone.
      
      nadia mutoni
      
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      5 years ago
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  No offense taken, I thought the text would show answering most of these questions.
  Let me edit the post.
  
  nadia mutoni
  
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  5 years ago
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