Seekewa is a transparent platform It establishes a direct link between, on the one hand, African project promoters and, on the other hand, Internet users and companies from all over the world that we call supporters. With Seekewa, supporters know exactly who they support and why they support them.
Seekewa is a field platform It is an initiative in Africa for Africa, which works with communities and small holders of agricultural projects without intermediaries.
Seekewa is a fair platform It makes every effort to establish the feasibility of all sourced projects before publication. In this way, supporters always support causes that have a maximum chance of success.
Seekewa is an ethical platform /span> It mobilizes all its resources to ensure that the maximum value is returned to project leaders. As such, it does not deduct any administrative fees or commission from income.
The point is the evaluation unit of the Seekewa vouchers and the projects proposed on seekewa.com. All transactions on the Seekewa platform are carried out in points, based on the following parity: 1 point = 500 XOF.
A Seekewa supporter is a individual or legal entity that has purchased one or more Seekewa vouchers. He then has a balance credited in points that he can distribute to the projects published on seekewa.com in order to support them.
UA return of points is the fact for a supporter to receive points that it had previously distributed to one or more projects published on the seekewa.com platform. The return of points can result from one of the following two actions: a project that has not reached its objective on the platform after 30 days or a project holder that has made a payment for the payment of its Seekewa invoices.
Cooperatives or registered associations collect individual and collective projects in rural areas and forward them to Seekewa. Therefore, Seekewa diligently conducts fact-finding missions in the field, collects data and assesses the profitability of projects before publishing them.
Our interviewers systematically and rigorously check the completeness of information provided by small farmers, whether personal or project related.
After careful investigation and analysis, Seekewa determines the needs of project leaders at the best value for money and then agrees with them on payment terms. The value of the project in local currency is converted into points according to the parity 1 point = 500 XOF. This point value of the project is called the "converted value".
A published project is considered to have achieved its collection objective if it is awarded a number of points equal to its converted value within 30 days.
If successful, Seekewa buys and delivers the project goods and services to the farmer as soon as possible.
In the event of failure, the project is removed from the platform and Seekewa immediately returns all points to the supporters according to their respective stakes.
Supporters all over the world can instantly credit their accounts with points by purchasing vouchers that they can buy by credit card. The electronic payment platform used by Seekewa is Stripe. The latter, in addition to the cost of the purchase warrants, levies 2.9% + $0.3 for transaction fees on each transaction.
Payment by mobile phone (mobile money) will be available in the next few months.
Supporters assume currency risk on Seekewa. The invoices of project leaders are in local currency (XOF). Exchange rates may fluctuate during the settlement period. This can lead to a change in the value of foreign currency points and thus generate possible exchange gains or losses for supporters.
Although not providing any protection against currency risk, Seekewa does not limit the ability of supporters to obtain capital gains when they exit the platform. Indeed, this can happen when their base currency increases in value relative to the local currency.
Upon exit, points held by supporters are converted into local currency at 1 point = 500 XOF. The funds are then transferred to the bearer's credit card at the local currency exchange rate (XOF) on the day of the transaction.
A supporter only recovers the value of his available points when his account is closed. If his account is awaiting return of points, this is clearly notified to him and a confirmation of closure is requested. The supporter can then either postpone his or her exit in order to recover all points, or confirm the exit request. In the event of confirmation, all outstanding refunds shall be deemed to have been offered as donations to Seekewa SAS by the supporter. Therefore, his account is closed and on the thirtieth day of the month following his request, the value of his available points is converted into XOF according to the parity 1 point = 500 XOF. The funds are then transferred to the bearer's credit card at the local currency exchange rate (XOF) on the day of the transaction.
We cannot predict the likelihood of bill payments by project owners. Financing the work needs of low-income people in a developing country is inherently risky. Most farmers do not have substantial savings, insurance or other safety nets. Diseases or family emergencies can make it difficult to meet deadlines. For these reasons, we recommend that you divide your allocations among several projects and do not commit funds that you cannot afford to lose.
No. Unfortunately, Seekewa does not guarantee the return of the monetary value of your points. We offer a service of selling goods and services in the name and on behalf of supporters to help farmers pre-finance their business needs. We are not a financial institution and cannot guarantee that the service will always have sufficient funds to cover losses on future refunds. Supporters finance the purchase of points at their own risk, knowing that the return of the monetary value of the points is not guaranteed. We therefore suggest that you treat the acquisition of vouchers and the awarding of points on Seekewa as a philanthropic activity and never commit funds that you can't afford to lose.
For each payment made by a project holder, Seekewa will refund to each of the supporters of the project a share of the corresponding points value. This refund shall be made in proportion to the attribution initially made by each of them. The points thus returned can be used to make new contributions to other projects.
We do our best to avoid defaults on bill payments. We systematically carry out predictive analyses of projects to ensure that they generate sufficient theoretical profitability. This is a mandatory requirement for the project to be published on the platform.
However, farmers may experience income disruptions that may prevent them from partially or fully meeting their payment schedules. When a farmer misses a payment due date, we send a courtesy reminder by SMS or voicemail to the farmer's mobile phone within a week of the missed due date. We are doing our best to understand the circumstances that led to the non-payment and to agree on a reasonable readjustment of its schedule. If necessary, we can request mediation from the farmer's local contacts, such as the head of the cooperative or association that recommended it to Seekewa. Community leaders, families and neighbours can also be approached. As a last resort, we may choose to take legal action in accordance with applicable law.
Seekewa adheres to the principles of farmer protection through fair and respectful collection practices. We will never harass, abuse, threaten or seize property without a court order. Nor will we deprive farmers of their basic livelihoods in order to get their bills paid.
Yes, through the List of expenses items section on the details page of each project, it is possible to target one or more specific items of expenditure. However, the selected expense line must be available and can only be fully covered. This is called a targeted contribution.
The individual supporter is a natural person. He buys a Seekewa voucher and then freely contributes to the projects by assigning them points.
The corporate supporter is a legal person. He buys a Seekewa pack of points and signs an annual mandate contract. This contract authorizes Seekewa to assign points to projects on its behalf and in accordance with predetermined criteria. In addition, depending on the package chosen by the corporate supporter, Seekewa commits to a minimum number of projects supported over the duration of the contract.
A Seekewa gift card is a gift voucher that can be purchased by the supporter to give to a person of their choice, registered or not on Seekewa. To offer it, simply indicate the e-mail address of the recipient who will receive a registration link for activation.
Yes, of course it is possible to contribute anonymously. This option can be selected for all projects (from the profile page) but also for a specific project (from the basket during the contribution process).
The number of points that can be awarded to a project depends on the nature of the contribution. An overall contribution to a project is made in increments of 25 points. A targeted contribution to a project must equal the value of the selected expenditure line. A contribution for the closure of a project is equal to the number of points remaining to be awarded in order to complete the collection campaign. This value is updated after each contribution to the project.