Logo Venture Capital for Africa

wasaHOSTEL

Know all about students, hostels and prices in Cameroon. At http://www.wasahostel.com

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 have an elevator pitch. This is a high-risk venture that offers potentially high-rewards. We plan to execute a proven concept in a growing market.
We have an elevator pitch. This is a high-risk venture that offers potentially high-rewards. We plan to execute a proven concept in a growing market.

Every year over 100.000 students are admitted into the 7 state Universities and with over 7.000 into the University of Buea, Cameroon. Their biggest challenge is where to stay. Knowing how cheap, how fast and how easy to get a hostel info. Wasahostel.com answers all these.

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.

We have a young dynamic team consisting of 3product engineers and a data operator : Nara Laurence, Quincy Kwende, Absalom Shu and Morine Bessem. We have been building solid products since 2011, including www.wasamundi.com and www.wasatexto.com. We hope to bring in a Marketer.


Product

We have a demo or prototype, you can contact us to arrange a demo. We have developed the product ourselves and own all of the IP for the product.
We have a demo or prototype, you can contact us to arrange a demo. We have developed the product ourselves and own all of the IP for the product.

We started the product late last year. The purpose was to experiment. This year we have start on time, with the product better refined, about to commence collection of more data and mass marketing. The product is up running.

Revenue

We will earn revenue from an advertising model. We have a cash-flow prognosis. We plan to monetise our offering in the next phase.
We will earn revenue from an advertising model. We have a cash-flow prognosis. We plan to monetise our offering in the next phase.

Our revenue model is based on subscription to access the content. At a minimum fee students can get access to all this information and pay their hostel rents from anywhere in the country. We hope to explore all the other revenue streams too.

  1. Idea and Stage

  2. Team and Organization

  3. Market and Marketing

  4. Finance

  5. Investment

Team

Updates

More info