Catfish farming

Naver

Lusaka, Zambia

100% repaid

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Entrepreneur

Name

Naver

Member since

November 2020

On-time repayments

27 installments  •  37%

About Me

I am a Zambian citizen who has always been interested in entrepreneurship in addition to my profession as a Development Consultant and a SRHR and GBV Advocate working with Community based organizations. I believe in the power of people coming together to achieve common goals and objectives by pooling resources and skills and helping those who are marginalized or disadvantaged. Working with ordinary hardworking people community livelihoods improvement programs encouraged me to venture into aquaculture as a small business project which I intend to scale up.

My Business

I am currently setting up an Aquaculture Integrated Project that has began with the production of Catfish, first for local consumption and when the business grows I intend to begin exporting to neighbouring countries starting with DRC where demand for Catfish is very high. I started with 1 pond and wish to expand to as many as 10 ponds to produce enough Catfish for export.

Loan Proposal

I intend to buy equipment for use in the catfish pond such as nets for harvesting the fish, scale for weighing the fish, buckets, plumbing and pipes for the water reticulation system, gum boots, note books for record keeping.

Income Source

With the many risks that businesses face in this climate, I intend to go an extra mile in attracting and retaining customers by being more innovative and creative than my competitors. For instance, I will offer the product in different forms: live in improvised tanks, fresh or frozen, dried, smoked, filleted and sold in labeled packets. A home delivery service within a certain radius will be offered.

My Videos

Mar 5, 2021: Catfish feed production project

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Nov 19, 2020

Repayment status

On Time

Projected term

6 weeks

Other loans

Dec 2020:  $152

Mar 2021:  $196

Lenders

Dipsius

London, United Kingdom

Stefano Bertolo

Luxembourg, Luxembourg

Donald Major

United States

CN

Craig Newmark

United States

MD

Mark Dunphy

United States

KL

Kerry Lane

United States

A

Anonymous

United States

Ask Naver a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Maimbolwa    Jul 4, 2021

    i called mr naver using my phone the call went through,he said has.been battling with corona and before that he lost two family members from covid once he is well he will make a full payment

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  • Naver    May 23, 2021

    Late payment by my customer of supplied product leading to delays in settling my obligations.

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  • Naver    Apr 13, 2021

    Increasing cost of aquafeed due to riaing exchange rate and late payments by wholesale customers.

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  • Naver    Mar 8, 2021

    Thank you to all of you my lenders! As indicated earlier, I will use this loan to order catfish feed making equipment to produce feed for my catfish farm. Thank you once again.

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  • Naver    Mar 5, 2021

    I wish to thank all my lenders for their support in my catfish farming project. The loan I have just completed went to the expansion of the catfish ponds and purchase of more catfish fingerlings an some equipment. I look forward to begin manufacturing my own feed in a cost effective manner and cut down on the huge cost on feed. Once the feed production is developed to a level where I can produce more than I need, then I can begin supplying the excess production to raise more revenue and make more profits.

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  • Salome    Feb 11, 2021

    He says he was away but now he's back and that he will settle the whole full amount on Monday..

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  • Naver    Jan 29, 2021

    The reason for adjusting the loan is due to restricted movements to tend to the business and low number of clients due to the escalating cases of the 2nd wave of the COVID-19 pandemic.

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  • Naver    Dec 28, 2020

    Dear lenders,
    I wish to thank you once again for the loan you extended to me in the amount of K2,326.

    I have since bought sein nets, plumbing and other equipment for the 2nd catfish pond which is being shaped in readiness for fitting and stocking of catfish fingerlings.

    I am very grateful for this opportunity to access the loan and expand my agribusiness project. Thank you so very much!

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  • Naver    Dec 24, 2020

    I wish to thank all of you my lenders and reassure you that I will buy equipment and other items i.e catfish fingerlings for my second catfish pond. The loan will help me grow my business further and ensure that I raise more revenue and profits to repay my loan in time. Thank you very much once again!

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  • Naver    Nov 23, 2020

    I received your loan after deductions amounting to 1,277 ZMW.
    With this loan I bought equipment for my Catfish Farming pond such as 2 buckets, scale, nets, Note Books for record keeping, Plumbing pipes.
    I really thank you very much for providing the funds for this loan.

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  • Naver    Nov 19, 2020

    Thank you very much for this loan!
    I will use it to buy some equipment for my Catfish Farming project. These will include nets, scale, some plumbing pieces, buckets, note books for record keeping.

    This will help me ensure the pond is kept in optimum condition for producing healthy and big catfish for the market.

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