We plan to raise a capital fund of R1 million Rand.
We believe that fund of this amount would be sustainable in the long term.
- An income return of 3,3% would be sufficient to meet the current school fees of R33 000.
- Whilst investment in blue chip shares would allow capital growth and an annual increase in income sufficient to meet future school fees.
To date, we have raised R387 501 and we have further commitments of R200 000.
We are rapidly approaching 50% of our fundraising target.
We currently have 20 people contributing.