International Needs Canada is embarking on a challenging initiative that ensures its school in Solwezi, Zambia continues to operate thanks to the development of a poultry plant. Income generated from chickens and eggs will benefit staff and students at ZACTS School, eventually contributing 40% of income and relieving the pressure on tuition and donation income.
|Project Name:||School Poultry Enterprise (Solwezi, Zambia)|
|Purpose of Investment:||To invest in the construction of a 3,617 square foot chicken coop and poultry enterprise to provide an ongoing sustainable income stream for a school in Zambia.|
|Participating Grantmakers:||Acts of Grace Foundation, Bridgeway Foundation, John & Rebecca Horwood, Mitchell Family Foundation|
- 3,617 square foot state-of-the-art chicken coop that meets livestock standards and can accommodate up to 2,000 chickens per batch consistently is constructed in first quarter of project.
- Project is 100% self sufficient & profitable in year 1.
- Project yields in year 2:
– gross margin: 51.12%
– mark up: 104.59%
– gross profit: $30,673.18
– school budget subsidized by 40.4%