Innovative Solution: Turning Biodegradable Waste into Compost for Sustainable Agriculture
"Jared Chahala's project focuses on converting biodegradable waste into high-quality compost to benefit farmers in Kisumu. The initiative aims to address environmental issues, reduce costs of farming, and enhance food production while creating employment opportunities and promoting a cleaner environment. With a strategic business plan and a dedicated team, this venture aims to make a significant impact on agriculture and sustainability in the region."
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TURNING BIODEGRADABLE WASTE INTO COMPOST BY JARED CHAHALA M MBULIKA
SOLUTION PROBLEM SOLUTION 1. High cost 2. Environmental pollution 3. Low yielding 1. Low cost 2. Environmental friendly 3. High yielding
UNIQUE VALUE PROPOSITION We want to produce low cost, high yielding and environment friendly compost to Kisumu farmers.
Key Activities Receiving and sorting the wastes Composting Laboratory testing Packing Marketing Extension services Key partners Waste collectors/ Waste sellers Waste transporters Sales agents Key Resources Biodegradable wastes Manpower Land Finances Laboratory Equipment
CUSTOMERS TARGET CUSTOMERS Small scale crop farmers Urban-agricultures Agro foresters Large scale farmers Landscapers CHANNEL Sales agents Extension officers Advertisements in the social & print media News letters & flyers
CUSTOMER RELATIONSHIP Extension services Transport services Discounts Demonstration plot
IMPACT High food production Low soil and water pollution Low cost of farming Employment creation Clean Kisumu
BUSINESS CASE PROFIT AND LOSS STATEMENT YEAR 1(KSHS) YEAR 2(KSHS) YEAR 3(KSHS) INCOME Sales 5,200,000.00 10,000,000.00 13,000,000.00 Cost of sales gross margin Gross margin % 1,360,000.00 3,840,000.00 1,500,000.00 8,500,000.00 1,600,000.00 11,400,000.00 73.85% 85.00% 87.69% EXPENDITURE Stock purchase Licences Marketing costs Travel costs Wages Office costs Equipment Insurance TOTAL EXPENSES 1,000,000.00 50,000.00 240,000.00 120,000.00 480,000.00 420,000.00 900,000.00 360,000.00 3,570,000.00 1,000,000.00 50,000.00 80,000.00 70,000.00 480,000.00 450,000.00 400,000.00 120,000.00 1,650,000.00 1,200,000.00 50,000.00 145,000.00 150,000.00 600,000.00 800,000.00 120,000.00 200,000.00 3,265,000.00 Gross profit before tax Taxes(30%) NET PROFIT 270,000.00 81,000.00 189,000.00 6,850,000.00 2,055,000.00 4,795,000.00 8,135,000.00 2,440,500.00 5,694,500.00
TEAM Jared Chahala- Horticultural Expert Robert Ongoye- Programme associate Madris Kadenge- Environment Expert Brian Isabwa- Business Administrator Alphas Masolia- Head of Marketing
Agriculture is not crop production as popular belief holds. It is the production of food and fiber from the world s land and waters. Without agriculture, it is not possible to have a city, stock, market, bank, university, church or army. Agriculture is the foundation of civilization and any stable economy. Allan Savory