Catfish farming equipment for feed production

Naver Chayelela

Lusaka, Zambia

Funds disbursed

$0 to go

100% funded of $196 goal

0

days left

Entrepreneur

Name

Naver Chayelela

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 use this loan to purchase catfish feed production equipment to use in manufacturing my own feed using Soya Bean Cake and other ingredients. The equipment will include cottage machinery for pressing the Soya bean cake and a mixer for combining/mixing the ingredients for the feed. Other things I will use the loan for are packaging material for the catfish feed as well as for the packaging of the soya beans when harvesting.

Income Source

I will use part of my savings and my revenues from my other consultancy engagements to pay for the loan.

My Videos

Mar 5, 2021: Catfish feed production project

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$196.02

Date disbursed

Mar 8, 2021

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: $12.24

Credit risk payment: $39.28

Optional expediting fee: $24.55

Lenders

B

Bpryse

Long beach, United States

M

mkfiddler

Santa Barbara, United States

M

Marko

Helsinki, Finland

Tanner Schachtel

Victoria, Canada

M

mariamfula

United States

Carlo Cruz

Cincinnati, OH, United States

JA

Jason and Sandra

Toronto, Canada

H

Hans

Czech Republic

Shane Bugeja

Mankato, Minnesota, United States

Paul Thompson

York, United Kingdom

D

David

United States

Paul Buchheit

Mountain View, United States

WV

Wouter van Buizen

Amsterdam, Netherlands

R

Roman

Slovakia

Jeanette

Fort Worth, Texas, United States

World Centric

Sonoma County, California, United States

GH

Gary Horneman

United States

MB

Meg Brigman

United States

M

Melissa

United States

AB

Andrew Bake

United States

Dhiraj Dwarapudi

Redwood City, United States

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