Wednesday 20 July 2011

Additional investments

Overview of main Investments required to build up CBSM:

Feeding Program (2 yrs): 12'500 Euros
Land (20 plots): 47'000 Euros
Classrooms (10): 51'500 Euros
TOTAL: 111'000 Euros

More details on the individual investments below:

Feeding program:

Due to the enduring drought in Kenya, prices for food have been gone up to a level, where many schools cannot afford the feeding program anymore. The CBSM school is also affected, facing the severe challenge to lacking the financials to buy the daily food required for the children.

As a short term remediation, some of the CBSM members offered to renounce part of their salaries to ensure the continuity of the school. However, given the low salaries of the members, this is not a sustainable solution.

The daily costs to feed our 250 kids are as little as 26 Euros per day:

Maize: 15.30 Euros
Beans: 8.60 Euros
Fat: 0.60 Euros
Fire wood: 0.80 Euros
Salt: 0.40 Euros
Tomatoes & Onions: 0.40 Euros

TOTAL: 26.10Euros per day / 520 Euros per month
   
Experts estimate (please see here or here) no relieve till 2012. To secure the nutrition program for two years, additional 12'500 Euros are required.
For the long-term solution, please see "Land".

Land:

Long term, additional land is required to cultivate own crops to feed the students over lunch. The option of the CBSM youth groups to take care of the fields and keep a small portion as gratitude needs to be further evaluated.
There is plenty of land for sale available around the school. One additional plot of 100x50 feet (30x15 meters) of land is around 300'000 KSH (2'350 Euros). 20 additional pieces of land would provide a solid basis for feeding the kids. This equals a total investment of 47'000 Euros

School building:

To ensure long term sustainability, it is of vital importance to replace the temporary mud and wood structure with a permanent building made of bricks and cement. For one classroom, below costs are estimated:

Substructures:   1'700 Euros
Walling and Frame: 1'000 Euros
Openings: 450 Euros
Roofing: 1'050 Euros
Finishes: 950 Euros

TOTAL: 5'150 Euros per classroom
Eight classrooms are required as well as an office and a recreation room for teachers. This would total an investment of around 51'500 Euros

Kitchen:
No investment details yet, but a kitchen is needed to prepare lunch for the kitchen

If you have any questions, please feel free to contact us.
Regards,
Alex & Agnes

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