Freshwater food supply

Mabel Mwanza

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Mabel Mwanza

Member since

March 2018

On-time repayments

142 installments  •  64%

About Me

My name is Mabel Majula and i am a hardworking mother of two children. I am a businesswoman and i trade mainly in fish products from the lake to the market. I have a business called Lake Farms where i sell mainly Tilapia Fish, Bream and Crayfish. In my country this business is mainly dominated by men but because of the perseverance i have managed to overcome some of the challenges i have faced when setting it up.

Every day i got out to the lake and welcome the wild catch of local, independent fishermen. My goal is to make their delicious, sustainably-caught and reared fish available to everyone. I have spent years developing relationships with fishermen and docks around Lake Kariba, and i support traditional fishing communities that take pride in feeding their fellow fish fans. My business is built upon transparency, so you always know where your fish comes from and the short trip it takes to your table. Almost as if you caught it yourself.

Lake farms is committed to the idea that we can, and should produce more fish in Zambia. This fish should be free of hormones, antibiotics, and industrial pollutants; it is our responsibility to provide the consumer with a healthy product. And this product should be produced in a way that does not do damage the local environment, respects our gift of water, and enhances the local social system that produces it. here the lake is vital to the local culture and economy, and we are committed to protecting marine biodiversity in ways that benefit coastal people for whom the lake is a source of livelihood and so we see a need to diversify traditional small-scale fisheries which are fundamental to the livelihoods and food security of many of the people around this area. Yet marine ecosystems and the fisheries they support are facing unprecedented pressures.

My Business

the primary product that i sell is Nile Tilapia and crayfish which is found in Lake Kariba and caught wild. I discovered the Crayfish was being caught in the fishing nets and cages with the fish but the fishermen and women were throwing it back into the water because they didn't know that it could be eaten or that there was a market for it and yet this is a delicacy in other countries that can earn up to $20 a kg, so i organised the women in the community to be collecting and harvesting the crayfish as another source of income. Bream fish, popularly known as tilapia, is one of the most known members of the tropical and subtropical freshwater fishes. It is recommended as a culture fish species because of its importance in aquaculture and its capability in contributing to the increased production of animal protein in the world. Tilapias are successful aquaculture fish because they are hardy and easy to grow, white-fleshed, mild-flavoured, and appeal to the palate of consumers.

Because of this business i am able to pay for a small oulet where i sell fresh fish and live crayfish to my customers. The crayfish is highly profitable and very much feasible for surrounding shrimp cultivation areas. Also, the market is very smooth and linked with international market. The project will support many households for the fishermen who harvest the tilapia crayfish. With Zidisha Lenders support we want to increase our sales of crayfish and set up a floating cage on the lake.

Loan Proposal

With this loan i will purchase more products to distribute to our customers ensuring food security for my community. We supply freshwater fish to families who are struggling with finding good sources of affordable proteins.

Income Source

We have customers who need our services and are willing to buy from us because food security is important for everyone in the family and community, this is the reason why we are still operating despite facing the current economic climate.

My Videos

Jan 29, 2021: To buy styrofoam boxes

Feedback

5

None

None

  • Ronald    Oct 27, 2021

    Good work! I wish you and your family a happy life :-)
    Never give up!
    Sincerly Ronald (Switzerland)

    Log in to reply • Share
  • Ed    Feb 26, 2021

    Glad to loan to Mabel, it was a pleasure, good luck in all your endeavors

    Log in to reply • Share
  • David    Jul 14, 2020

    Loan was originally scheduled to take two weeks. Comments explained a delay and a large sale resulted in the loan being paid off after about a month. Well done and good luck.

    Log in to reply • Share
  • Erik G    Jul 12, 2020

    Prompt repayment and in full... Thanks and well done Mabel!

    Log in to reply • Share
  • Eric Albert    Jul 12, 2020

    Well done!

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$362.03

Date disbursed

Feb 3, 2021

Repayment status

Late

Projected term

3 months

Cost to entrepreneur

Service fee: $20.41

Credit risk payment: $53.18

Optional expediting fee: $40.88

Lenders

Jeff and Marcie

Portland, OR, United States

JimVandegriff

Trinidad, California, United States

Cloudways

Malta, Malta

ads68

Melbourne, Australia

8

8chrono8

London, United Kingdom

Bobrm2k3

Charleston, United States

xtrahardware

Cazenovia, United States

S

Stephan

Netherlands

Dave Bogard

New York, United States

R

Robert

Berlin, Germany

PT

Paul T

Amsterdam, Netherlands

Ed

Howells, United States

L

Lucy

Australia

RS

Rich Stein

United States

CP

Colin Pardue

United States

D

Dave

Dropmore, Manitoba, Canada

Ronald

Dättwil, Switzerland

E

EJOBIV

United States

Richard Paulin

Melbourne, Australia

C

Camm

Australia

Dao Nguyen

austin, United States

MD

Mark Dunphy

United States

A

Anonymous

United States

R

Ru

New York, United States

LC

Laura Clause

United States

Babbitt Family Foundation

Sioux Falls, SD, United States

JI

James Innes

United Kingdom

Brian Herrmann

Chicago, United States

RA

Ray and Abram

Melbourne, Australia

Kurtis Miller

Kelowna, BC, Canada

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

Loading...

Loading...

Loading...