Social Network Websites Seeking Loan

The promoter is a certified marriage contract registrar, that has for years worked individually to connect people interested in marriage. The promoter later decided to expand the experience by creating a website. - The promoter has already tested the matchmaking platform, which generated revenue during the test period, validating the business model. - Due to the rapid growth in revenue, the decision was made to pause operations and seek investors to form a business and further scale the business by further developing the website and mobile app. - It will be available via both app and website and will specialise in offering exclusive, subscription-based matchmaking services for marriage in Saudi Arabia. - The company has not been registered yet. - Online marriage and dating market in Saudi Arabia is estimated to surpass 800 million SAR by this year, growing at a CAGR of 8.3%. - We have multiple revenue model options, yet to be decided including free basic services, optional subscription packages for premium features, and additional fees for specialized services like messaging and AI functionalities. - Our plan includes offering an attractive premium membership at 89 SAR/month and a differentiated VIP Membership priced between 699 to 799 SAR for three months, providing customized services. - Boasts the competitive advantage as the first Saudi marriage platform utilizing AI, enhancing matching accuracy by 30% while catering to local cultural preferences. - Provides a complete user experience with post-service support and personal engagement, filling gaps in existing local platforms while addressing cultural values through a 100% Saudi approach. - Projected revenue growth in this sector is between 8% and 12% annually, with market revenues expected to reach 220-250 million USD in the coming years.

The business operates in the social network websites industry with a specific focus on polling and surveying. - Located in Hyderabad, the business currently has 3 employees. - The primary need for the business is budget allocation for online marketing to promote its customer-ready website. - The website is designed to generate revenue through advertisements and is expected to have an immediate user base of over 5000 individuals. - The business has global operations and is targeting both individual users and brands, offering special features for the latter to post polls. - The founder of the business brings with them 12 years of experience in the advertising industry, which positions them to understand the nuances of online marketing and engagement. - The business model is built around leveraging user engagement through polls and surveys, with a focus on creating a platform that serves both individual users and brand entities.