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Livestock

Establish a small-scale fish farm

John DoeJ
EntrepreneurKenLocationMalindi, Kenya
Project status
100%funded
$2,311raised
54%paid forward

I have grown up in Coastal Kenya.I have graduated recently from Egerton University with B.Sc (Horticulture). Due to the lack of jobs, I have over 500 mango seedlings which I plan to graft soon, though I wish to expand the nursery to include ornamental plants. I also make soap-less detergent that I sell to car wash businesses. These ventures have been started with a small amount I had saved.

The recent G.E.S summit was very inspiring and acts as my source of motivation. I also plan to venture into farming both in crops and livestock.

My business is mainly poultry farming whereby we are involved in selling both eggs and meat. I also invest in small scale cattle and goat farming. The rest of the farm area is covered in agroforestry whereby we grow crops and trees for sustainability.

The trees are sometimes harvested for timber and firewood. This helps to boost the financial status especially for home use. There is also a small tree nursery whereby seedlings are sold at affordable prices.

I intend to use the loan to carry out all the activities for the establishment of the fish farm.

Well (water source) = $700

Pumb (solar) = $700

Pond

Excavation = $200

Liner (plastic) = $150

Fingerlings (2000) = $200

Feed = $300

Miscellaneous = $250.

Total expenses are estimated at $2,500.

The fish are expected to mature in six months after which they will be sold at a market price of $3.

Returns

2000*$3 = $6,000.

Less petty expenses and other losses total earnings are estimated at $5,000.

The water from the well will also be sold to neighbors and other users at a small fee.

This will be used to substitute other domestic needs.