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Rolling-out QuickSoft in East Africa

Soft Center was established in 1995 by Désiré Nshimirimana, who still is the main shareholder and Director. Soft Center’s core business is developing and implementing business management software and systems integration. Soft Center employs some 30 people. The company website is http://www.soft-center-bdi.com.

The Eastern African economies are developing fast, especially the private sector. Growing businesses have growing needs for ICT-systems to facilitate their operations and to support the management. We see today that Eastern African companies lack proper ICT-systems very much, especially in the SME segment. This gives good business opportunities for competitive and innovative ICT solutions providers. Soft Center has proven to be one.

In its home country Burundi, Soft Center became market leader. Its in-house developed management software package Quick Soft has proven to be a very successful product in the SME market. Quick Soft is the first really integrated system for SMEs.

With the upcoming integration in the East-African Community (EAC), it will become easier for Soft Center to sell its products and services in the bigger, more developed markets in neighboring countries. For Soft Center this step is a necessary new episode in its history. The company’s potential is too big for Burundi alone. Soft Center has to upgrade its business to the sub-regional level (the EAC), using Quick Soft as killer application. To this end, a limited investment is necessary, leading to a tripled sales level and high return on investment.

In a three years investment project, Soft Center wishes to internationalize Quick Soft. Target countries are Kenya, Rwanda, Uganda, Tanzania and part of Congo DRC.

The investment financing sought for is USD 630,000. Soft Center wishes to elaborate with candidate investors the possibilities for financing by means of a loan, private equity or quasi-equity. This loan will enable Soft Center to do the planned investments and to achieve the forecasted sustainable growth. Soft Center is capable of meeting interest and repayment schedules based on sustainable revenues and high returns. For private equity investors the perspectives for an exit are clear and realistic.

Fundraising

This venture has not initiated a round of financing on this platform. If they choose to, the summary of the fundraising round will appear to registered investors here.

Idea

We only have a longer pitch. We plan to execute a proven concept in a growing market.
We only have a longer pitch. We plan to execute a proven concept in a growing market.

Our main product is the in-house developed business management (ERP) tool QuickSoft, the first integrated system for SMEs. With QuickSoft we have become market leader in Burundi. With the opening of the sub-regional market EAC we can now expand to the bigger, richer EAC markets.

Team

Our founder has the business savvy and persistence to turn ideas into a company. We have a business network and can get introduced to the right people. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.
Our founder has the business savvy and persistence to turn ideas into a company. We have a business network and can get introduced to the right people. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.

Désiré Nshimirimana: Managing Director and main shareholder, one of the leading ICT-managers in the Sub-Region. Brings in double academic education and 18 years in the ICT industry, of which 15 as managing director and main shareholder of Soft Center.


Product

We have a working product and you can request a demonstration. We have developed the product ourselves and own all of the IP for the product.
We have a working product and you can request a demonstration. We have developed the product ourselves and own all of the IP for the product.

The product is fully developed and successfully introduced in our home country Burundi. We have become market leader in the Burundi ICT market with it. We now wish to sell our very competitive product in the EAC region. Some additional development work is necessary for this.

Revenue

We will earn revenue from an advertising model. We have a cash-flow prognosis. We already have revenue from paying customers.
We will earn revenue from an advertising model. We have a cash-flow prognosis. We already have revenue from paying customers.

We plan to use the same revenue model as we have used in our home country. It\\\'s a combination of a one-off sales price and an annual subscription fee. In our home country Burundi we generated sales this way for already some 10 years now.

  1. Idea and Stage

  2. Team and Organization

  3. Market and Marketing

  4. Finance

  5. Investment

Team

Updates

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