Raising money for a project, whether through donors or investors is never an easy process. We wanted you to know ahead of time, though exactly how your money is likely to be spent, as best as we can assess in a period of history where prices are fluctuating day by day.
This proposition is also unique, because through our actions this year we will be borrowing well over £100,000 of agricultural land, that would otherwise have to be purchased, so this bit comes free!
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The Chrysalis School - a specialist school for social entrepreneurs in Uganda, which can teach up to 80 students |
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The Chrysalis Centre – an open-house building, which provides activities for over 200 children in the slum district |
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School fees for 31 high-performing student for one year in addition to those educated at the Chrysalis School |
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Support for 48 social projects, run by the project members themselves |
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Establishment of trade routes into approximately 25 remote villages all over Uganda |
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The development of school businesses in liquid soap manufacture, chick-rearing and small farming |
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The instigation of a new business, which provides specialist poverty alleviation equipment to the 25 remote villages |
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The development of a profitable melon agriculture social enterprise, where the profit earned is dedicated to developing rural villages in perpetuity |
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A significant contribution to the economic redevelopment of Northern Uganda post war |
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The training of 60 young ethical and capable young social entrepreneurs, who can bring change to their villages in a range of crucial international issues – human rights, integrity, accountability |
So, let’s see how we think the project expenditure will break down (subject to change, of course):
(The return on your investment will be calculated by an independent auditor in Uganda.)
FORECAST INCOME:
Melon sales – whole, sliced, seeds or juiced £252,000
Transportation income from transport vehicles invested in £12,800
School Fee income £4,860
£269,660
FORECAST EXPENSES:
Vehicles – 4 motorcycles, 2 transportation vans (used) £12,000
Land for the school £7,500
Buildings and Equipment £52,000
School Expenses £18,560
Centre and HQ Expenses £37,960
Melon business expenses £14,700
Student participation expenses £9,225
£151,945
FORECAST PROFIT £117,715
WORKING OUT YOUR RETURN:
First £20,000 – to Social Enterprise Africa CIC, to ensure continuity of the project
Next £60,000 – 33.3% to Social Enterprise Africa CIC, 66.6% to shareholders
Next £120,000 – 40% to Social Enterprise Africa CIC, 60% to shareholders
Next £200,000 – 60% to Social Enterprise Africa CIC, 40% to shareholders
Thereafter – 80% to Social Enterprise Africa CIC, 20% to shareholders
In this above scenario
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Based on profit forecast £217,715 |
Social Enterprise Africa CIC |
Shareholder |
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First £20,000 |
100% to Social Enterprise Africa CIC |
£20,000 |
£20,000 |
0 |
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Next £60,000 |
33.3% to SEA, 66.6% to shareholders |
£60,000 |
£20,000 |
£40,000 |
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Next £120,000 |
40% to SEA, 60% to shareholders |
£120,000 |
£48,000 |
£72,000 |
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Next £200,000 |
60% to SEA, 40% to shareholders |
£17,715 |
£10,629 |
£7,086 |
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Thereafter |
80% to SEA, 20% to shareholders |
Nil |
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TOTAL |
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£108,529 |
£119,086 A 19.1% return in one year |