Social Business Pedia

SKS Social Business Project

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This project focuses on employment and income Generation (EIG) through contract farming by sheep rearing.
Ownership and Management
Grameen Telecom Trust (GTT) will participate in the SKS Social Business Project in the capacity of providing equity. The project will have SKS Foundation (a renowned NGO and MFI of Gaibandha district) as the knowledge and implementation partner. SKS specializes in working with the ultra poor. It received the award for ‘Best Micro Finance Institution’ in 2009 from the Citi Foundation and as the ‘Best Partner Organization’ in 2005 from PKSF. The partner will bear all operational (training and other overhead) costs of the project. SKS Foundation has previously piloted similar projects. The Chief Executive of the foundation Mr. Rasel Ahmed Liton may act as the Chief Operating Officer of the project.

MOU has already been signed to commence the project.
Location and Socio Economic Scenario
The project will be run in the northern district of Gaibandha. It will have sheep rearers from 3 unions (Shaghata, Muktinagor and Bharatkhali) under Shaghata Upazila. These areas are marked by:

Extreme poverty
River erosion
Absence of adequate provisions for education and healthcare
Methodology
The local community usually rears cows, goats, sheep etc. following the traditional concept of sharing the cost and output

The sheep that will be provided for rearing will be of improved breed (as endorsed by livestock authorities)
In this project 750 sheep will be transferred to 150 households for rearing from SKS Foundation breeding center and other sources (if required)
Sheep will be provided to women who are already members for micro credit programs of SKS Foundation and have received training on sheep rearing
4-female and 1-male sheep will be provided to each of the selected households for rearing. The project partner will help set up the basic infrastructure (Bamboo MACHA) for rearing and provide ancillary services such as:

The activities for de-worming, vaccination and animal health services
Development of market linkage. Existing market linkage lies with local butchers, traders, government programs, and other buyers. Efforts will be made to provide the sheep rearers the opportunity to get the best price for their sheep.

3500 kids of sheep will be generated by project period of 4-years
23 sheep kids will be generated in each households in 4-years
Each household will earn at between BDT 14,000 to BDT 20,000 over the project period depending on the rearing.
The key earning of the project will be through the sharing and sales of the expected kids of the sheep born after rearing.
In future, the byproducts (wool) of the sheep may be used

Impact
Household income of the sheep rearers will rise by BDT 4000 to BDT 5000 every year by selling sheep kids
The improved breed of the sheep will be conserved
Self employment is created and this may lead to scopes of creation of breeding centers
Local market system in relation to sheep rearing will be developed and supply chain of protein demand will be enhanced
Local rural people will be able to afford the lamb/mutton, as the price will be comparatively less
Value chain of lamb/mutton will be developed

Investment and Pay Back
GTT will have to invest an amount of approximately BDT 1.5 million (for purchasing 750 sheep). The investment has been planned to be recouped over a period of 4 years.
Focus Items

Direct impact on employment generation and increase in household incomes
Development of a new industry
Experience of project partner in the locality

Way Forward
Once investment is recouped, project will be converted to a Social Business Company.

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SKS Social Business Project

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