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One more initiative

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Catholics! Lets create wealth by rearing Indigenous Chicken
10
Catholics wealth creation for collective Investment CUEA - MARCH 2014
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Page 1: One more initiative

Catholics wealth creation for collective Investment

CUEA - MARCH 2014

Page 2: One more initiative

Principle of subsidiarity - Collective Investment

Lenten Campaign - It is not mandatory to “give up” something during lent doing nothing at all would be really tragic. ( One Initiative)

Small Christian Communities (Strengthening)

Number of malnourished children in Sub-Saharan would increase from 33 million to 49 million by 2020.

Page 3: One more initiative

One (Hen) Campaign shows how something very small – a loan, a hen, a child – can make a very big difference. This Campaign advocates for all Catholic faithful's to own and rear one more hen, and invest, share or give proceeds during Lenten season.

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Poultry Type No. (millions) Percent (%)

Indigenous 31.4 84.1

Layers 3.1 8.3

Broilers 2.1 5.7

Others 0.7 1.9

TOTAL 37.3 100

31.4 million Indigenous hens in Kenya amounts to KES 9.42 billion annually if a hen goes for KES 300.

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Family (Basic Church)

Small Christian Communities ( 35000)

Local Church/ out station

Zone

Parish (800)

Deanery

Diocese (20)

Ecclesiastical province

Kenya Conference of Catholic Bishops

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Almost Nine million Catholics in Kenya

More than 2,000 priests

90,000 Small Christian Communities (SCCs) in eight countries of Eastern Africa. Kenya alone has over 35,000 SCCs.

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1, 000, 000 Catholics X KES 300 per Hen

= KES 300, 000, 000 only.

The KES 300 million will be invested collectively ( Unit Trust)

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10% of Projected Revenue

Administration and Management resources including;

Project Personnel Remuneration –3% p.a.

Fund Consultants – 4% p.a.

Equipment's and Materials – 3% p.a.

Capacity Building (Small-scale Poultry Processing) and office expenses

Page 9: One more initiative

Waumini Sacco – Investment Committee (Equity Financing) & Unit Trust Management

CUEA Consultancy Services Limited - Unit Trust Administrator

CARITAS Kenya – Livelihood Program ( Chicken rearing), Unit Trust Custodian

Catholic peace & Justice Commission - Lenten Campaign, Unit Trust Trustee

Techno serve Kenya – Chicken marketing and Sales.

KENCHIC & GOK

Page 10: One more initiative

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