AfriSurvey:
We are in the process of launching an online survey startup, afrisurvey.com, that exclusively caters for those (companies, governments, academic institutions, individuals) doing market/academic research about Africa.

Put simply, Afrisurvey will be a user-friendly web based software as a service (SaaS) platform where African researchers can easily create surveys, deploy it to targeted African audiences who use our mobile app and get good quality data.

We will make money by charging researchers who use our web based platform to connect to thousands of registered users waiting to respond to any survey that targets them.

Project Current Status

✓ The web platform for Afrisurvey is still under construction. Current status of the platform can be accessed via www.afrisurvey.com, forum.afrisurvey.com and panel.afrisurvey.com. The platform is expected to be formally launched and open for business early next month.

✓ We have been compiling a detailed a list of potential customers. We also have been making cold pitches to those on our list. We got some quality feedback from a couple of them, and many have indicated interest in paying for our service.

✓ We have built a prelaunch site, afrisurvey.launchrock.com which we are currently using to acquire prelaunch users. We currently have over 20,000 subscribers.

✓ The company have been registered in Nigeria with the Corporate Affairs Commission (CAC), with the name African Survey Services.


As we plan to formally launch by early next month. We are also planning to raise an investment amounting to $10,000 or its naira equivalent (N3,600, 000). A minimum of $500 (N180,000) per individual.

The primary usage of the funds will be as follows:

1. Aggressive marketing for more user acquisition

2. Building formal relationships with potential clients. This include travelling, etc.

3. Complete the development and launching of the web/mobile platforms

4. Invest in scalability

5. Rent, utilities and contingencies.

The required sum of $10,000 might be seen to be on the low side. This is deliberate, we expect revenue to come in immediately, and that will encourage us to focus on getting and growing revenue as early as possible so as to completely bootstrap the business.

Opportunities for Investors.

We are offering two distinct channels, through which investors can get good return on investment made:

1. 50% return on investment, spread over 10 months. With this, an investor will get 5% of his/her investment monthly, for a period of 10 months, and he/she gets the capital back after the expiration of the 10 months period.

2. This is strictly for those that want to stay and grow with us. We have reserved a total of 20% equity for this class of investors. If interested in this class, please get in touch for more info.

Kindly let me know if you are interested in taking part of the fund raise.

I can always be reached via;

Email: support@afrisurvey.com

Call/whatsapp : +234-09081412698


Thank you.

AfriSurvey:
Good morning

AfriSurvey:
This opportunity is still open. Don't miss out.

AfriSurvey:
This opportunity is still open. Don't miss out.

AfriSurvey:
Still open

AfriSurvey:
This opportunity is still open. Don't miss out.

AfriSurvey:
Good morning

AfriSurvey:
Good morning

This opportunity is still open

AfriSurvey:
open

AfriSurvey:
Good morning

This opportunity is still open

AfriSurvey:
open

kunlef1:
@Poster

While I think that your proposal is quite reasonable and doable, you may need to consider the following to get reasonable response:.

1. Being an online business, you cannot be anonymous and expect money from total strangers, as risk of scam is high. You need to provide more info about the people behind the business, background, qualifications, etc for people to have more confidence or do a background check if needed..

2. $10,000 Is not a lot of money, hence you need to keep the number of investors minimal at this stage. Ideally, you should be looking more at a group of friends and family. Once the business is established, and you need to expand further, you may then invite outsiders

3. The 20% equity you are offering long-term investors who are expected to fund most of the investments is just too low, as this is a start-up.

4. The proposal to offer 50% over 10 months to short -term investors does not seem realistic, as you are yet to start making any money, and it is too early to predict your sales. Hence, this option is not advisable at this stage.

In summary, while $500 per investor is ok, you need to concentrate on mainly long-term investors, who should be preferably friends and family. If however you need to go outside that circle you may need to prepare a proper investment brochure for potential investors containing more details including your projected income and expenditure over 5 years among others. Just look at it as private placement.

AfriSurvey:
open