Timothy Mwirabua had helped run his mom’s shop when he was growing up but petty theft was rampant among their staff and the losses ran down the business, but gave him an idea.
Just like astute entrepreneurs, Timothy later on discovered he could actually create a business out of a failed business. He built a software for record keeping that allows the owner or management to track the sales in the shop in real time from wherever they are on hand held devices.
This therefore means that the owner can review and export his records over time which inturn enable the firm to secure credit facilities from financial institutions.
Most of the time small businesses have to trust new employees they do not know as they try to expand or as activities grow beyond the owners’ ability to manage. However, the risk of theft by workers is real and may bankrupt the business.
This therefore means that hard working entrepreneurs who are out to create something for the society cannot succeed hence the need for an improvement in cashflow and stock monitoring.
The product includes and is not limited to access to the mobile app with a sales ledger, expenses manager, promotions manager, a shared customer database and automatic upgrades.
Duka, previously named “ShopOfficer”, participated in the SME Empowerment Innovation Challenge of 2015 organized by HiiL Innovating Justice. “We came out third and secured an investment to channel to our mission of promoting transparency and accountability in small businesses,” he said.