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Project Budget Form

Project Task Labor Hours Labor Cost ()

Your Organization Name Here

Material Cost Travel Cost Other Cost () () ()

1 1.1 1.2 1.3

Platform development

Implementation of new p2p microfinance sofware (myazimia) New design - professional Web Design agency Monthly maintenance fee/ Live chat customer service Subtotal

$0 $0 $0 $0

$20,040 $10,000 $5,000 $35,040

$0 $0 $0 $0

$0 $0 $0 $0

$0 $0 $0 $0

2 2.1 2.2 2.3 2.4 2.5

Advertising and promotional expenses Online marketing: SEO, SEM, Online PR (1) Conferences and fairs (2) Printing (Flyers, brochures, business cards) Travel Membership fees (SEA, EMN) Subtotal $0 $0 $0 $0 $0 $0 $45,000 $10,000 $1,000 $0 $0 $56,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $2,000 $0 $2,000 $0 $0 $0 $0 $2,000 $2,000

Project Budget Form Rev. 2.0, 09/07/2003

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Print Date: 7/21/2012

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Project Budget Form

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3 3.1 3.2 3.3 3.4

Office and administration expenses Office rent, utilities, insurance Legal and accounting fees Prepaid insurance Salaries (3) Subtotal $0 $0 $0 $0 $0 $0 $12,000 $0 $170,400 $182,400 $23,300 $0 $0 $0 $23,300 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

9 9.2 9.3 9.4 9.5

Program implementation (4) Foundation program Fellowship program: stipend, travel expenses Mobile application development, training Local travel to Africa (5) Subtotal $0 $0 $0 $0 $0 $0 $0 Sub-Totals: Risk (Contingency): TOTAL (scheduled): $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $273,440 $0 $273,440 $0 $0 $0 $0 $0 $0 $0 $23,300 $0 $23,300 $0 $0 $0 $10,080 $10,080 $0 $0 $12,080 $0 $12,080 $24,000 $6,000 $18,000 $0 $48,000 $0 $0 $50,000 $0 $50,000

10 - Other 11 - Other

Working capital

Comments:

(1) Online marketing: SEO, SEM, Online PR: Invest Africa will use an Internet Marketing agency services. SEO campaign (10 000), Pay per click advertising (20 000), Online media buying (10 000), social media marketing (5000), promotional videos (5000) (2) Conferences: Investment and innovation in microfinance: Africa, Social Enterprise World Forum, Impact investing summit, The African Diaspora Marketplace (3) Salaries: four full-time employees (CEO, Director of Marketing, Manager of local partnerships, Foundation Director) and one part-time employee (Fundraising/Development coordinator) (4) Program implementation/additional sources of funding: Invest Africa will seek additional sources of income through its foundation (40 000) :

Project Budget Form Rev. 2.0, 09/07/2003

Page 2 of 4

Print Date: 7/21/2012

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Project Budget Form

Your Organization Name Here

Total per Task

$20,040 $10,000 $5,000 $35,040

$45,000 $10,000 $1,000 $2,000 $2,000 $60,000

Project Budget Form Rev. 2.0, 09/07/2003

Page 3 of 4

Print Date: 7/21/2012

Put your logo here

Project Budget Form

Your Organization Name Here

$23,300 $12,000 $0 $170,400 $205,700

$24,000 $6,000 $18,000 $10,080 $58,080 $0 $0 $358,820 $0 $358,820

mpaign (10 000), Pay per click ideos (5000) g summit, The African Diaspora

or) and one part-time employee

rough its foundation (40 000) :

Project Budget Form Rev. 2.0, 09/07/2003

Page 4 of 4

Print Date: 7/21/2012