Katumba Mushroom Farm FULLY FUNDED!

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Katumba Mushroom Farm FULLY FUNDED!

25.00

THIS PROJECT IS FULLY FUNDED — THANKS!

Info on the Mushroom Farm is below:

Project Name: Katumba Mushroom Farm

Location: Katumba Humanist Primary School

Katumba Trading Centre, Kirumya Subcounty, Bundibugyo District, Rwenzori Sub Region

Project Leaders:

Irumba Juma Siriwayo- Project Coordinator and principal signatory to the account Tel: +256782872431 Email: katumbahumanistshool@gmail.com

Ssebadu Elisha – Project Treasurer and signatory to the account Tel: +256782024046 Email: katumbahumanistschool@gmail.com

Maate Hassan – Chairperson and second signatory to the account Tel : +256785121963 Email: katumbahumanistschool@gmail.com

Start-Up Funds Needed: $275

Project Description:

This project seeks to share knowledge on the modern art and science of indoor mushroom cultivation to a group of 120 community members including school staff, neighboring community, and school children. It is a profitable agribusiness venture capable of improving livelihoods and diets, reducing waste, empowering women and youth, boosting micro enterprises and conserving natural resources. Participants will gain a good source of food that tastes better than meat.

Describe Local Competition (if any)

There is no competition at all at the moment.

Why do you think this project will make money?

Because in a period of 20 days, product reaches maturity and is ready for harvest. During harvest times, each room produces an average of 12-15 Kilograms on a daily basis for a period of about 4 months and more. Each kilogram selling at an average farm price of 5000 Uganda shillings. Products will be packed and sold to local markets.

EXPENSES

ITEM QTY UNIT COSTS TOTAL UGX PCS black polythene bags (size 22) 10 5000 50,000

Cotton wastes 10 20000 200,000

Building lime 15 10,000 150,000

Spawns 100 3000 300,000

Tapelines 2 80000 160,000

Papyrus Mats 15 5000 75,000

Stainless steel drums 2 100,000 200,000

Watering cans 2 10,000 20,000

Heat Thermometers 5 40,000 200,000

Jerry cans 4 10,000 40,000

Transport 1 100,000 100,000

Admininstrative costs

Technical Assistance 3 150,000 450.000

Additional Expenses

Labor for construction of mushroom House 1 140,000 140,000

Total 2,083,000 UGX $575.61 US

($575 has already been donated, just needs $25 more for wiring costs)

INCOME

A profit of 50$ or more is estimated per harvest every week when mushrooms are ready after 3 weeks. The project is self sustainable as mushrooms have a very fast growing rate (7-18 days) and harvesting time lasts for 2 months and more continuing on a daily basis. A Kilogram of mushrooms sells at an average price of 5000 shs Per Kilogram. Harvest is expected to be at least 10 Kilograms per day for the entire harvest

TIMELINE

By one month we will have started making profit.

200$ monthly is expected to be earned monthly, 2400$ annually.

COMMUNITY BENEFIT

The profits will help to buy building materials for the school which will later result into permanent buildings from semi permanent buildings.

WHAT DID YOU LEARN FROM THE CRITICAL THINKING WORKSHOP?

Teaching with creativity and variety. I have been keen and studying from the internet Humanism and free thinking.

WHAT DID YOU LEARN FROM THE ENTREPRENEUR’S WORKSHOP?

Practice, patience, Persistence.

Having talent is not enough, be willing to work to make it very far.

If you don’t adopt, you lose.

Entrepreneurs Experience – Do it and learn it.

Please email comments to brighterbrainsinstitute@gmail.com

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