Pearl Women's Group - Humanist Handicrafts

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Screen Shot 2018-04-19 at 2.39.32 PM.png
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Pearl Women's Group - Humanist Handicrafts

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PROJECT NAME:  PEARL WOMEN’S  HAND CRAFT PROJECT

Pearl Women Group has 42 members, 25 - 80 years old.

Nassaka Margret (Project Leader) +256 757 54 51 22

Sumin Namudu (Group Administrator) +256 753 60 98

LOCATION: Pearl Vocational Training College, in Tagga, NAKATOOKE Village , Kiingo Subcounty, Lwengo district.


Start-Up Funds Needed: UGX 1,910,000 ($522 US)

PROJECT DESCRIPTION:

The project will make hand bags, big bags for shopping, bracelets and hats
Pearl women have been making these products for the last two years. They will now make more products and find ways of supplying them to markets in Kampala and Masaka.

DESCRIBE LOCAL COMPETITION:

There is no serious competition of people making these products in Kasaana  parish. Our group is women from 11 villages within the Kasaana parish, our products are unique with a humanist symbol, and are customized.

WHY THE PROJECT WILL MAKE MONEY

Our products are unique and customized and the market is available especially of foreigners who enjoy buying our products as souvenirs to be taken back home. Once our products are exposed to tourists, we are sure they will make us good profits. Also, Uganda is going green and our products will help people avoid using polythen bags.

Cost of the Items Needed for the Project:
a.      Beads  100,000/-
b.      Obutiti 30,000/-
c.      Hard Papers 60,000/-
d.      Varnish 200,000/-
e.      Office Glue 30,000/-
f.      GATTER  40,000/
g.      Guase Wire 50,000/-
h.      Back Cloth 300,000/-
i.      Amaliba 150,000/
j.      Ensasa 100,000/=
k.      Enjulu. 50,000/-
l.      Wood Beads. 200,000/-
m.      Paper Cutter. 150,000/=
n.      Hooks. 35,000/=
o.      Stoppers. 25,000/=
p.      Olukoba ( Measure). 10,000/
q.      Zipu (zippers) 150,000/-
r.      Obuso 50,000/=
s.      Transport to Market 160,000/=

More Photos can be seen HERE

INCOME
We shall produce 100 small bags, 100 big bags , 100 bracelets and 100
hats in the first three months. The small bags will be sold at 15,000, big bags will be sold at 25,000 and hats will be sold at 8000/ each and bracelets will be sold at 1000 each. A total of UGX will be earned  4,900,000/= and the total profit earned will be 2,100,000/= after three months of working on this project. The project will make an overall profit of  UGX 8,400,000/= ANNUALLY.  $2,227 US

TIME LINE

It will take us only three  months to start making profits and in the fourth month after starting this project with your financial support we project to be having at least UGX 2,100,000/= in profits.

COMMUNITY  BENEFITS

The community will get free training as we do our work, we have already done so by training and welcoming all other individuals who want to join us do this work. We also buy our materials mostly from local women who sell them to us hence we shall be buying more materials from them.

LESSONS FROM CRITICAL THINKING

We learnt the need to think critically in all things we do especially to ask WHY, WHEN, WHO of things.

LESSONS FROM ENTREPREUR’S WORKSHOP

We learnt the need to keep investing profits in business until it can fully make big profits. We learnt to avoid donating project money to gods because a
business needs people not gods to prosper. We learnt the importance of book keeping so all our expenses and income will be fully recorded in pearl record keeping books from the start

DISTRIBUTION OF PROFITS

a.  40% of the profits will be reinvested back into the project at the end of each month after all costs have been deducted.


b.  40% of the profits will be given to members as loans at an interest
of 5 % each month after a grace period of one month of taking the
loan. The loan should be fully paid back after 8 Months (which includes one month of Grace Period) of taking it and a member will be entitled to get another loan after making full loan re payments


c.  20% of the profits will be shared by the members every after end of the month.
 

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