Aloe Vera Farm - Katumba Humanist School

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Screen Shot 2018-07-11 at 8.29.36 PM.png
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Aloe Vera Farm - Katumba Humanist School

25.00

Project Name: Aloe Vera  Research Farm

Location: Katumba  Trading Centre , Kirumya  Sub County , Bundibugyo District

Project Leader:

Irumba Juma Siriwayo Tel: +256782872431 /+256705956122 

Email: katumbahumanistschool@gmail.com

Start-Up Funds Needed (Total Cost): just $75 more

Project Description: 

ALoevera is a stem less plant and is herbal specie found all over the world.

ALoevera is known for its pulpy thick leaves that are feet long.

The white or grey colour pulp inside the green leaves of the plant is known for its medicinal purpose.

ALoevera in recent days has become quite popular. 

Since the rise of Ayurveda and intake of herbal remedies.

ALoevera has also gained much importance. 

ALoevera has been found to be effective in many medicinal causes. Some of them are:

The Pulp is used to make ALoevera juices that are used for drinking Purpose. 

The ALoevera pulp is applied on skin as it removes dryness and irritation. 

It works well for the digestive system

  • ALoevera is detoxifying thus better for use.

  • When applied on skin it gives soothing touch and smoothens the skin.

  • It can be applied on hair as well. It smoothens the skin and reduces hair fall.

  • It is used in many Cosmetic products because of mineral values

Describe Local Competition (if any) :  

There is little competition

Why do you think this project will make money?

ALoevera is now in huge demand therefore the requirement is huge. 

ALoevera farming provides big return because of the numerous products produced from the plant. The other advantage is that you don’t need to do much on the land unlike other plants where watering, caring and fertilizing is required. 

EXPENSES

Cost of Items Needed for Project

1,000,000 UGX buying 500 ALoevera Suckers @ 2000

150,000 UGX buying 1 wheel barrow.

150,000 UGX buying 10 hoes.

400,000 UGX  Labor

200,000 UGX Transport.

Total : 1,900,000 UGX     =  500 USD at  an exchange rate of 3800

Additional Expenses

INCOME

(How much profit is estimated? What do you base those numbers on?)

An ALoevera leaf is at a cost of 1000 UGX and per harvest 100 leaves will be harvested. Estimated profit is 100$ a month. 

We base these figures after all operational expenses have been deducted from the estimated monthly income generated from the farm.

TIMELINE

(How long will it take to make a profit? How much money is expected monthly, annually, etc.?) 

Since the climatic condition is favorable after 2 months harvests will start.

100$ is expected monthly and annually 1200$

COMMUNITY BENEFIT

 (Describe how the profits will help the community)

The profits will help in buying building materials for an orphanage center at Katumba Parents Primary School (The Humanist School).

Secondly the garden will serve as a source of life saving medicinal plants for first Aid for both the school  and the Neighboring Community.

The garden will provide employment opportunities.

The garden will serve the purpose of tourism attraction for summer school students interested in the field of traditional medicine and those carrying research on antimalarial herbal therapies.

What did you learn from the Critical Thinking Workshop - that is valuable for your project’s success?

Magic and prayers do not work in a business - only personal commitment.

What did you learn from the Entrepreneur’s Workshop - that is valuable for your project’s success?

  • How to prioritize business products and services. 

  • How to keep proper records. 


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