AFMAT Financial Plan
- AFMAT will have two forms of operations. As a whole, the organization operates as a charitable organization according to Tanzanian law.
- However, part of the organization is a for-profit entity in which revenue is generated with the proceeds being used to support general operations.
- Following the three stages of development, in Stage One, Two and Three, AFMAT will largely depend on In-kind Donations and Grants from various Donors/Sponsors.
- For Stage one to be completed, 70,000 USD must be raised. For Stage two, to complete the remaining buildings, another 80,000 USD is required. Stage three will require 45,000 USD to implement and scale sustainability projects.
- After this point, AFMAT projects will be sustainable in daily operations and additional funding will only be needed for large expansion projects.
- For Poultry Business we are planning to have 800 Broiler Chickens and 400 Layer chickens. Our projection assumes a minimum rate of 3,200 broiler chickens per year, and 200 eggs per layer chicken per year at 400 chickens i.e 80,000 eggs per year. Layer chickens are then sold for a profit.
Primary Revenue Sources
1. In-kind Donations
2. Fundraising
3. Sustainability Projects; and
4. Bank Loans.
2. Fundraising
3. Sustainability Projects; and
4. Bank Loans.
