Empower Women. Stop Climate Change.
Coach, Sponsor, be an Ambassador.
Lead by Zed-Motors in Benin, West Africa
Project ZedWomen aims to recruit, train, coach, and invest in women entrepreneurs interested in starting a motorcycle taxi and delivery business (driving). Project ZedWomen envision's a world in which women and men are equal drivers of change.
Facts
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Motorcycle 2 & 3 wheelers are the main mode of transportation in most of Africa. The sector is 99% male dominated. Some cities account for 0% women drivers.
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Statistics have shown that women are better drivers and have less accidents compared to male drivers.
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Electric Motorcycles have proven themselves to be better than existing ICE ones. EVs have low running cost & are climate friendly.
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Opportunity
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Studies show that in developing countries, offering income generating activities to women yield better outcomes (investment in kids’ education, health, & community wellbeing) compared to males.
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Transportation of people, goods, and services is a visible way of shining light on gender inequality. It is a way to spark a paradigm shift in people’s mind. Women are equal force driving development.
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Higher loan repayment rate is another area where women beat men over and over in the region.
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Solution
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Recruit and train women to enter the delivery service & taxi sector and offer them electric motorcycles with a ride to own financing scheme.
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Each women entrepreneur is paired with coaches to support and guide them throughout their entrepreneurial journey and to reach their 3 years goal.
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Sponsors are impact investors offering capital to JumpStart each woman entrepreneur with a 10% return on their investment.
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Market Opportunity
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Benin and Nigeria have the largest motorcycle market in Sub-Saharan Africa and both countries share 60% of the same ethnicity and culture.
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Benin has the first self-organized & most regulated motorcycle taxi sector in Africa.
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The government pasted a bill on 12-09-21 allowing VAT & duty-free tax for all EVs.
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Benin has a stable political environment which makes it easy to launch new ventures and easily grow to other larger neighboring markets.
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How: FIRST COHORT’s Investment plan
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Women Drivers: 12
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Investment Need: $42,000
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Repayment Plan: $1400/Month for 36 Months
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Sponsors’ ROI: 10%
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Note: Electric vehicles become the property of the drivers at the end of the repayment. Some women are able to pay sooner than others.
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Join the Movement:
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Coach a ZedWoman: Become a coach & help her through her entrepreneurial journey.
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Become a Zed Sponsor: Raise $3500 to help a woman own an electric motorcycle taxi business.
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Be an Ambassador : We can all be angels.
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Share + invite friends & family + host an event
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JOIN on https://www.indiegogo.com/projects/zedwomen#/
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ZedWomen is an initiative of Zed Motors.
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