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Eden fish farming

My name is Benjamin founder of Eden fish farming. My project intends to provide employment opportunities to almost 10 youth around where I live. Eden fish farming is our proposed business idea where by we want to introduce fish farming in Morogoro Tanzania to help youth get income and also reduce unemployment. We have chosen to operate in Morogoro because it?s the only region in Tanzania with no big water bodies and therefore fish demand is very high. Our potential customers are hotels, schools, supermarkets, household consumers and butchers. To start with we are planning to start with 1000 fishes as a case study and also expands to 10000 fish production as time goes. This project is done by 5 young and energetic people and the estimated budget for this project is 370 USD.

The break down for this is as follows; Fish pond preparation 90 usd, Buying fish fingering and medicines 180 usd and Fish meals and management 100 usd. We expect the Project to start next month that is in March. We understand that fish farming is risky and needs intensive care and so in order to make sure that everything is under control then I personally will be supervising everything because I have undertaken fish training at Sokoine University of Agriculture for 3 months hence I have a good idea on how to manage everything.

Expected returns that is the future cash flow after 6 months is that we expect to harvest 800-1000 fish of 2 kg (catfish) 2 kg = 6 usd so 800 X 6usd = 4800 usd / 1000 x 6 = 6000 usd. This project will help almost 10 youth who will directly benefit from this project and in expansion many youth will get employment. The Project?s vision is to eliminate hunger (#zero hunger) and reduce poverty for youth.

Thanks a lot and please support us to make this a reality by donating for this project.

Please ask any questions to the creator of the project here:

$26 of 370 (3,123 of 44,578.31 HMQ)

Last donation: 108 days ago

Created February 22, 2019

@benja
Tanzania

Recent donations

15 HMQ

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1,093 HMQ

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Total donations: 5

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