 As the company, we will be talking about IT and we are talking about MDRASA, which is an application or a software rather that helps students, it's a shortcut if I should say that to some extent, Fredrik. Ya, it's a shortcut. Alright, so it so happened that accounting consultant Fredrik came up with this application to help students manuva their way in classes and now tonight we want to see how does it work. Simply how does it work and is it anyone anywhere because if it's online they can access and do my thing and live. Right? Okay, so I'll give you time to explain to us how it works, how do you go through it and if I want such what do I do? Okay. Simple as that. Okay. First of all you're welcome. Thank you very much Mr. Biladi. Ya. Okay, so my name is Ringo Fredrik, I'm a CPA and also financial consultant. So today we're just a matter of demonstrating how technology has changed the landscape for probably education in Kenya, not only in accounting but also in so many fields. Alright. So in our session today we'll just be looking at a case whereby how is this app important, how this app going to assist these students, accounting students and also other students that are in the industry. So as of now we have two applications, that is the web application and also we have a phone application. Right. So basically all these have been designed now with that. It is creating a form of physical class experience. Right. And us coming up with the name M. Darasa, it's just like to make you feel that you are in a classroom. Where M stands for? M stands for mobile. Alright. And then we have Darasa meaning a class. Okay. So to start probably you can start with demonstrating on a phone application then you also have a web application which on the same we are going to demonstrate. So basically our app can be found on a play store. Right. If you go to play store then you just search M. Darasa probably if we can now work together quickly. Alright. So if we go to a play store then we just search M. Darasa. Actually it's only M. Darasa on a play store as of now. So you are enjoying monopoly. I'm enjoying monopoly kind of. So you are becoming followers. But it's already part and so unless you need to. Okay ideally this is M. Darasa. But kids are very innovative. They come up with something that is close to yours. Yeah they are very innovative and they are the advantage that we have as of now. That's why I consider it an aspect of our accounting field. Personally I'm accountant. I know how things work on that. Alright. And that's an advantage almost when IT guys so that gives me up a hand room. You remind me of the clip how we shouldn't steal from the IT guys. So this is the part. Yeah basically this is a part of the web app. And to start with probably if we can... Can I start with the phone first then you come here? Yeah sure. Okay. So going through the phone application. Going through the phone application. The moment you've downloaded the application. You are going to... I'm having two options where you are going to sign up. So we have an area and also an advantage is that we've also created a platform for lecturers. We can also use the app in teaching their students. So let me log out my account first. So we have two areas. We have an area of lecturer and we also have an area of first student. So in this case being a student you can select a student then assuming I'm a student. First sign up or first access you have to sign up not login. You have to sign up. Create an account with you. Yeah on creating an account. Okay. So on this you're going to fill all these details required. And also we thought of form of creating an opportunity to the students. In that you can also earn using our phone application. Earn money. Earn money using our phone application. By just being on your application. In that case you're going to earn money by referrals. Alright. That's why on signing up we have an area of I'll show you referral code. So if any person signs up and he uses your code at any given point, you never will be making that payment. You'll also be earning on the payment that person will be making. What percentage? A percentage currently we've started with roughly like 10% on any payment. Assuming a student is paying $3,500. The person who was a re-father student is going to earn $350. And also that aspect of creating employment to the youth. So this is a bit we hadn't gotten it fast. You have to pay. It's an almost institution I'll have to pay. But signing up is totally for free. Signing up, on aspect of signing up you're going to sign for free completely. In that after you've signed up you're going to go to this page because I'm already having an account. Alright. So just login using my credentials. Alright. Quickly. These people should have known you were on TV. They shouldn't be calling. They shouldn't be calling, right? So in this case after we've logged in successful, this area you can access all this for free. You can access all these items for free. So probably let me start with assuming this student is doing accounts because in this case we've also gone further and have an area of students who are in high schools. Oh, that was the thing. Is it for the high schools, university and college? Actually it has captured all areas. And more so for high school though you're doing a part of a trial of the same but you're going to roll it out fully probably in the next six months to come. But as of now which is purely ready and up and running, we have an area for CPA. So being a CPA student assuming I want to start the safe financial accounting, you'll just click financial accounting. And then clicking financial accounting, if you need to access the content provided, there's that aspect of now making the payment of which you can come and complete the payment. We have a procedure that we've given there which any person can follow. Then after you've done your payment, you can be able to have access for this content. Let me deal with financial accounting, that is a one unit of a CPA. So you just click financial accounting and on clicking financial accounting you'll see that it has been arranged on a topic wise. Say for example this student maybe want to study say like we can pick any topic assuming topic five. This today is going to select topic five which is financial statement of a sole trader. On the same topic it has been arranged subtopic wise. It has been arranged subtopic wise. So I'm having this student probably wants to study say like he wants to study the first subtopic which is income statement. So this student is going to click income statement, read the aspect of reading notes. So on the reading notes I'll be having the typed notes which the student can go through the typed notes at any given point whenever you want to go through the notes. And also we have our video classes. So this video class ideally is to give you that feeling of a physical classroom. How are the exams now? The aspect of exams. So like if you find a CPA basically this is a professional course. Being a professional course you have to first of all register with the examination body which is a cast name. Still online or do you work? For a cast name but they are all noise of doing the registration they can go to their offices and then do the registration. Then after registering now it's upon you as a student to look at sources or areas where you can do your studies. And that's why we came up with this solution because we noted most of the CPA students were usually very busy. Coming to class probably they can come late or even accessing materials. It was usually a challenge. So that's the gap that we saw and also try to solve that issue. So it's very convenient because on this you can watch the videos. Basically you can come watch the videos. And this is how we can go through the videos. In the interest of time I have studied in your app. There has come the time for my examination. Now these are latent physical. For examination because what normally happens with the professional courses is that the only time that maybe you are going to be engaged is that on area of doing the exam. Now how can I trust now whatever I learnt there because I haven't gone to an institution I chose to go the digital way. How can I verify that the information I have gotten from your internet from your web or your app is legit. Is very legit. How do I verify? You can verify because the content that we prepare you normally prepare using the syllabus the syllabus that has been provided with the examination body and also the tutors who are on the application these are the qualified tutors who normally teaches on the physical physical colleges. So basically to the legit of all the content that we provide we can confirm with the syllabus being provided by the cast name which is the examination body of a CPA and also an area whereby these tutors who are teaching on the app they are the same tutors who normally teaches on the physical classes. And now how are you relating with the Ministry of Education when it comes to this area because it's a digital institute how are you relating with the Ministry of Education? So relating with the Ministry of Education like when you will be going to NEC fully in that case you will find that you will be doing some partnership with some of the colleges around like has that now for trials we've started with a college in a town known as a regional centre of management college this college ideally is a centre for NEC and also TVET so coming up with these colleges in that they are providing the content on our application so basically you will find that they are pure judges and also us being given the tradition of offering the services in this case we will come together and offer the services to the students meaning that we are purely aligned with the Ministry of Education based on the partnership with the college which are registered and also us as a provider for this service. You recently won award as you finished you recently won award an award that is how it came about and by this so far how many people have been enrolled through your school Ya true Ya the award came as a surprise also to us and in that case it was as at now we have roughly like almost 2000 students on the application whom they are currently on the application doing their studies on the application so for CPA students we have roughly like 1200 for CPA students then the other courses like practical taxation and also offer CV services on the application that comprise the other percentage Alright Wow that's so wonderful As an institution you just mentioned something about tax Ya the practical taxation You paying tax because you have a school? On this case this is online Ya recently they introduced part of paying the online business to be paying tax and being an accountant also aligning with the laws we've also registered for the same we normally pay our taxes What's the business Tuesday here? We want to understand this should be the final thing How lucrative is this business? If I'm a 90 guy I can come up with a program I can come up with an say I'm innovative Ya How profitable is this? You just mentioned you have students already Ya I have students on this ya How can I sustain after reading them in the business How do I sustain customer satisfaction How are you marketing yourself? Okay So in that case being a digital form of business there are areas that we normally do our advert and that includes the aspect of we normally take an advantage for the online platforms that is Facebook and all other social media platforms and also as you mentioned term as a lucrative business ideally online is the way to go Online is the way to go because probably roughly like talk of the initial capital that's the amount that you're going to incur in those aspect of maintenance but at the end of the day when you are blessed and as long as you are persistent, as long as you don't give up as long as you keep your energy on the same you'll find that it's going to earn a lot and actually I believe the next millionaires will be created on online businesses or even if they have not been created this is the way to go We're having a public demand you're showing us about the phone How about now the web part Okay the web part we are doing a form of the web part and basically on the same we have one we have the web application which in that case you can get it if you go to www.mdrasa.com you're going to have an access of the web app the web application just like how the phone application works also exactly the same that's how the application works but ideally in this case you'll be using either your laptop at home or even you'll be using your computer but basically the concept on the phone application is the same concept on the on the web application and advantage you can also do assignments and also engage the lecturers in any area that you feel you need an assistance Are you providing software programs or topics if I don't want to stay online I just want to download a book and go read you also have that service you'll find that probably not all the students are the same this student maybe will not reach the cause that you're charging we have an area whereby these students can download the ebooks often these ebooks they can download on their phone application and also study at any given point in time and probably the beauty that part is that you not only download the books but instead you can engage a lecturer at any given point whenever you feel that you are not getting the concept correct many things for coming but I should have known who are these lecturers virtue or real these lecturers are real lecturers not really virtue taking advantage of AI right special intelligence so many things that's a good job you're doing we'll be having other young people joining you I'm hoping the competition will be steep and everything will be well thank you so much for coming and sharing this and teaching us something else it has been business Tuesday my name is Dereva Hila we have yourself a very very good night see you again on Monday