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Thursday, May 17, 2012

A number of things

I want to apologize for being gone for so long but our internet has been down for the past week! I keep thinking of things I need to get done but cant because the Internet is not working.

I want to update you on the status of everything around here!

First of all Joseph is doing alright, he is in much pain, and the last 3 days developed yet another pocket of pus that we drained. I am hoping the leg is going through the process that the Dr's are wanting it to. We drive out there everyday to clean and dress his wound, and I have to admit for a teenage boy he is doing quite well at keeping it clean and dry, I am very proud of him.

Our new HCU MTN Shop seems to be doing quite well for its first month in operation, please pray blessings over the shop, so that HCU can earn some income from it.

Our next self sustaining adventure begun today, well, actually it began weeks ago, but this week contracts were signed and we are officially signed on as Nokia wholesale dealer for the Mityana/Mubende Districts!!!! Today we found the PERFECT shop for the business. We are so very thrilled! Now comes the hard part that Randy and I do not do very well at all. We need your help! Would each one of you please pray about donating to this business? If you do decide to give for the business please write in the memo Nokia shop

Here is the breakdown of what is needed.

$600.00 for one years rent
$800.00 for painting and cabinets
$400.00 for desk and furniture
$800.00 for phone stock
$1200.00 for mobile money capital. (for those of you who do not know what mobile money is, it is the way most Ugandans send money to each other via their phones, all 1200 would just be money for floating funds, not used ever, just capital to be able to provide the service properly)
$2000.00 for drawer money. We will be taking orders from retailers and sending the orders to Nokia and this would just be money that once again is float money. When Nokia arrives with our orders, we pay them, and then when the retailer comes to pick their order we will receive our money back.

Grand total of $4600.00

The monthly expenses would just be rent and employee wage, (anyone want to come and volunteer to work in our shop?) around 350,000 shillings

The income potential, (keep in mind all of Uganda works off prepaid cell phones)

Selling phones to retailers plus our own retail as well.

the average profit is 10,000 per phone as a wholesaler
this means that 1 order of 35 phones pays all the bills!
The rest would be completely profit!
Plus with MTN mobile money and selling MTN airtime etc. We here at HCU feel this will be quite profitable!

Please prayerfully consider helping this ministry in this way

Blessings
Angie

PS
The land purchase was finalized and HCU is the very excited owner of land in Motimbojje

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