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Team METEORS(sby 2015)
- 2. At present, in Bangladesh there are 5 lakh (approx) Bedeys(water gypsies). They cannot claim a right to land and are deprived of the right to vote, because they have no settled address. Although a moderately large community, Bedeys are still deprived of many basic needs and lead a miserable life. poverty Illiteracy Unhealthy environment No social idenity unemployment Lack of shelter malnutrition
- 3. Faced problems 98% of bedeys live under poverty line 95% of them are illiterate Their shelter and workplace is decreasing Coming to cities for job and shelter Getting involved in illegal activities SOCIAL PROBLEM
- 4. SOLUTION 1 2 Giving them a social identity
- 5. • To ensure a better and secure life for BEDEYS • To expand the business so that we can employ the whole BEDEY community of our country and creating a welfare fund for their betterment
- 6. Our Business Bedey Black Soldier Fly (BSF) Organic Waste Three Main Factors
- 7. WHY Working with these three factors ORGANIC WASTE – one of the main reasons of environment pollution. 12% of organic waste we burry. 12.6 million people of Dhaka produces 700 ton organic It can transform the organic waste faster than any other microorganism They are not disease carrier Odorless process. They have immense reproduction power 98% of Bedeys live under poverty 95% of them are illiterate They don’t have any social identity or secure job They have the potential to work but don’t get the opportunity ORGANIC WASTE BSF BEDEY
- 8. HOW Working with these three factors Farming BSF commercially Converting Waste into Fertilizer By BSF Using the larvas as the fish braid and poultry food Engaging BEDEYS in this whole process as the main workforce
- 9. Benefits of BSF One adult BSF lay 500- 600 eggs near waste Eggs hatches into larvae. 1 sq.m larvae can process 15kgs waste Compost by larvae contains 45% protein and 35% fat Larvae turns into pupae. This stage can be used as feeds. Pupae grows into adult BSF
- 10. FACTORY Setting Up the Factory • Location • Raw Materials • Bedeys • Machinery • Bipods
- 11. Location
- 12. Raw Materials • Will buy 2000 BSFL at 1500 TK from Khulna, Bangladesh at the initial stage of our business • Because of their rapid reproduction after few months we don’t need to buy BSFL. Raw materials Organic Wastes Black Soldier Fly Larva(BSFL) • will collect organic waste mainly from vegetable bazaars, slum areas and residents. • We will make a deal with municipality and buy waste from them at a yearly rate
- 13. Bedeys 5 Lakh Bdeys in 44 districts 98%Deprive d from all basic rights 83% don’t have any fixed job 100 Bedey will be our main work force initially • 100 Bedeys get job = 100 Bedey families will get better life
- 14. Roles of Bedeys • Maintaining the bin which will be used to breed BSF • Collecting the black shell of the larvas • Personal Selling • Processing the fertilizer and feeders • Doing the packaging • Word to Mouth Marketing
- 15. Biopod Bipod houses the colony of Black soldier Fly. The whole process of composting occurs in this. very cheap Durable Suitable for all season Easy to maintain 300-350 tk / biopod
- 17. demand, 3300 metric ton, 60% supply, 2221 metric ton, 40% demand supply Demand supply chart of organic fertilizer of Bangladesh
- 18. Factors cost salary 750000 tk/ month machineries 600000 tk transportation 100000 tk/month electricity 100000 tk/month Land rent 150000 tk/month Raw material 40000 tk/month biopods 50000 tk setup 200000 tk hygiene 10000 tk/month marketing 200000 tk/month Total cost 2200000 tk Security money 300000 tk Total capital 2500000 tk Budget
- 19. Fixed cost= 860000 tk Production cost= 790000 tk Source of capital Personal investment=1500000 tk Bank loan= 1000000 tk
- 20. Present market research 1sack organic fertilizer(50 kg)=2200 tk 1 sack feeds(50 kg)=2400 kg
- 21. Produced sack of fertilizer/ day= 13sack Cost/ sack= 1800 tk Produced sack of feeds/day=14 sack Cost/sack=1800 tk *1 sack = 50 kg
- 22. 1st year 2nd year 3rd year cost 17400000 tk 17450000tk 18000000 tk revenue 16536000 tk 18720720 tk 20120400 tk Profit/ loss Loss 864000 tk Profit 1270720 tk Profit 2120400 tk sum (1270720+2120400-864000) tk =2527120 tk Total investment= 2500000 tk; after 3 years Payback period will start.
- 23. Break Even PointProduction cost per unit= 19 tk 810000+(19*x)= (36*x) [x =units of production] =>810000= (36 - 19)x =>810000= 17x =>(810000/17)=x In 1st year our expected production is 40500 units/ month. We’ll Reach BEP when our units of production will be 47647 units
- 24. Marketing Steps For Effective Marketing •Designing the Communication & Selecting the Channels of communication •Measuring the results •Determining the objectives • Identifying the target customers Firstly Secondly ThirdlyFinally
- 25. Fish Farms Poultry Farm Agriculture farms Fertilizer market Feeders market Rural Farmers and Villagers Target Market
- 26. Advertising Sales Promotion Word to Mouth Marketing Event& Experience • Radio and News paper Advertisement • Game show for villagers • Snake charming & cultural shows • Door to door sell by Bedeys • Leaflet Distribution • telemarketing • Making in rural are Direct Marketin g • Giving free 10kgs trial packs • Buy 2 get 1 free offers • Treating customers as gold • Giving gifts to each months lucky customers IMC Channels of communication
- 27. Implementation Dr. Yunus’s Seven principles of social business remove poverty. secure an healthy, dignified life arrange funds. major part of our profit will be utilized investors will receive the invested amount only profit earned will be implemented for the betterment of our workers plan is to process waste for protecting the environment Workers will be given market wage continue the business with sincerity and joy