To transform the Nilphamari area of Bangladesh through social enterprise. £45, 207 of funding is required to cashflow the business through to profitability in 2012. Although the costs are in the region of £200k (detailed later), the balance of funding will come from secured investments and sales.
January 2008 - December 2011
Extreme poverty and unemployment leading to human trafficking and other poverty driven issues
By creating employment in a fair trade factory context, with indirect employment through the supply chain of bamboo culms
To create sustainable income for the community
Activities» Develop a market and produce bamboo products
» Bring the business into profit in 2012
Success will be...employing 50 people directly and 200 people indirectly through the supply chain. In addition success will be bringing the business into profit during 2012
To reduce poverty in the area
Activities» Create wealth through business training and dispersion of profits
Success will be...empowerment of the community to support and care for itself.
Create a self-sustainable and supportive community, demonstrated by the development of community led self - support group(s), including microfinance activities if appropriate.
Main risks would be:
> Lack of relationship with the community - mitigated by working in partnership with local charities involved in the community
> Lack of sales/demand for products - extensive market research and appointment of well known and experienced distributor(s) in the UK and Holland. Sales already exported early 2010.
> Strong business plan leading already to business investment and donations.
Quarterly report on key deliverables and financial business performance
Budget - Project Cost: £210,173Loading graph....
Amount Heading Description £45,351 Salaries Salary cost of support and direct management £18,738 Labour Salaries to local workers £43,674 Material Coss Raw material costs, including payments to local farmers £44,225 Loan Repayment Costs Social Enterprise Loans repayment of loans already secured £47,443 Office Costs Central costs £10,742 Other Costs Fixed asset purchases and sundriuies
Current Funding / Pledges
Source Amount Product Sales £134,084 Conditional Other income from services £12,882 Guaranteed Equity Investment £18,000 Guaranteed
This project is based in Nilphamari i n Bangladesh - about 400 km North of the capital city Dhaka.
This is in an extreme poverty rural area with the majority of the community living on less than $1 per day. By developing a fair trade factory, we are bringing wealth into the area, to kick start and syustain growth.
We have a robust Board based in Bangladesh as well as a UK holding Company governed by a Board of business people. In addition Oasis has a Busness Development Director focussed onto debveloping social enterprises. We are committed to bulding trade and transforming communities with business.
Read more about the Charity running this project.
Chair of Company and UK based investment
Managing Director of Company and overall responsibility for delivery of the project