Inspiration
Our inspiration comes from the main problems that exist in Indonesia. an article contains data that contains a large number of small businesses that are not properly distributing their production, lack of digitization, and lack of capital for their businesses. And here the microfund becomes a platform between the two sides (companies, small businesses) to work together as suppliers of raw materials or finished materials. With this the company can get in touch directly without difficulty in managing capacity and prices.
What it does
- Providing a capital and place to sell for the small workers product
- Company acts as financier and a place for distribution
- Company can select the appropriate small workers
- The small workers can select proposals from requesting companies
- Small workers can get the benefit from the capital provided by the company
- Companies can stock the materials they produce from the small workers
- Companies can also make ongoing deals with small workers if they are particularly profitable
How we built it
At the early stages of the project, we had a slightly different idea of the project. After we discussed in a group call and researched more we decided to change our project idea into what our current project is. We learned that micro businesses has problems on expanding their production because of the lack of digitalization and capital. And so, we came up with an idea of a project to support these micro businesses to connect them to a company. We started discussing on the User Interface, making wireframes, the user flow, etc. After we're finished with all of that, It's time for us to start programming. We picked Go as our backend language, NuxtJs for the project's frontend, and GitHub to store and manage our source code.
Challenges we ran into
One of our biggest challenges is dividing the time for each part that we need to make in the application, especially in this hackathon, then the second is how we can make the relationship between the two sides reach the best agreement.
Accomplishments that we're proud of
How we are still continuing moving forward with our idea. Even though the product has flaws, we're still pretty happy about the fact that we are still able to implement our idea into a product.
What we learned
We learned how to implement ideas into a platform that can be used and provide benefits. How we can unite 2 roles in the business world that need each other to become business partners and provide benefits to each other.
What's next for Microfund
There are still many ideas that we want to apply to the future of our platform. One of the new features we are looking at is a sustainable offering with small workers where small workers can find a place to sell and sustainable capital so the company can find a sustainable supplier without the hassle of looking again. Further optimization of microfund could allow small workers to easily get more funding
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