Nigeria - Business creation project

Describe your project or startup in a few words

FISH FARMING; I have fish farm that raise catfish from 10weeks old (juvenile) to 6-9 month (table size) depending on the available market demand currently I raise about 1,500 catfish but I still need more support to increase my capacity to meet my market

01.01 Describe your project in more detail

I raise catfish for smoking and for sales to the hospitality sectors (hotel, bars eatery) our average size is between 2.5kg to 4kg depending on the month we crop.

01.02 What is the main problem you are trying to solve?

Recently the cost of production has increase greatly because of the constant increase in the bags of feed so I need Capital to continuing the business in a bigger size

01.03 Tell us the major benefits and/or advantages of using the product/service that your project intends to provide (at least 3).

Catfish as a source of protein: among catfish serves as a source protein to the body which is also easily and readily available. It also cheep to buy Catfish as a source of foreign exchange: smoked fish are package and send outside the boundaries of countries which promote foreign exchange among countries Aquaculture as one of the major industry in livestock farm due to it lager annual turn over in our country and even in the world in general and catfish serves as on of the major aspect of the aquaculture industry for the revenue it generate regularly Fish farm especially catfish creates employment which am example

01.04 Please describe who exactly your project is aimed at serving. Who are the targeted beneficiaries?

Households Hospitality business like hotel, bars, eatery and so on

01.05 When did you start working on your project?

2020-03-01

01.06 How many other partners are associated with your business venture?

1

01.07 Among the other partners, how many are female?

1

01.08 Please describe the profile of each of the other partners (skills, experience, etc.)

BOLANLE JANET: She help with smoking and marketing our smoked fish And she as experience with it and also has been working with me since last year

01.09 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link here:

01.10 Which industry best describes your project?

b) Materials (agriculture, fishing, chemical products, construction materials, containers and packaging, metals and mining, paper and forest products)

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

Catfish farm as employ me for starters and which has save me from hunger not only me but all in business directly or indirectly employed by catfish farming

02.02.01 My project contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification

Catfish is a source of protein and it relatively cheep which made it avoidable by everyone and when smoked it can last longer

02.03.01 My project contributes to the Good health and well-being goal

7 - Strongly Agree

02.03.02 Good health and well-being - Justification

Protein Is one of the major classes of food and catfish provide abundant protein

02.04.01 My project contributes to the Quality education goal

2

02.04.02 Quality education - Justification

02.05.01 My project contributes to the Gender equality goal

1 - Strongly Disagree

02.05.02 Gender equality - Justification

02.06.01 My project contributes to the Clean water and sanitation goal

1 - Strongly Disagree

02.06.02 Clean water and sanitation - Justification

02.07.01 My project contributes to the Affordable and clean energy goal

1 - Strongly Disagree

02.07.02 Affordable and clean energy - Justification

02.08.01 My project contributes to the Decent work and economic growth

4

02.08.02 Decent work and economic growth - Justification

02.09.01 My project contributes to the Industry innovation and infrastructure

1 - Strongly Disagree

02.09.02 Industry innovation and infrastructure - Justification

02.10.01 My project contributes to the Reduced inequalities goal

2

02.10.02 Reduced inequalities - Justification

02.11.01 My project contributes to the Sustainable cities and communities goal

4

02.11.02 Sustainable cities and communities - Justification

02.12.01 My project contributes to the Responsible consumption and production goal

4

02.12.02 Responsible consumption and production - Justification

02.13.01 My project contributes to the Climate action goal

2

02.13.02 Climate action - Justification

02.14.01 My project contributes to the Life below water goal

2

02.14.02 Life below water - Justification

02.15.01 My project contributes to the Life on land goal

1 - Strongly Disagree

02.15.02 Life on land - Justification

02.16.01 My project contributes to the Peace justice and strong institutions goal

1 - Strongly Disagree

02.16.02 Peace justice and strong institutions - Justification

02.17.01 My project contributes to the Partnerships for the goal

4

02.17.02 Partnerships for the goal - Justification

05.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

6

05.02 The product/service we envision creating represents an entirely new type of product/service.

4

05.03 The product/service we envision creating could be described as a new technology.

2

05.04 The product/service we envision creating is an improvement on an existing product or service.

7 - Strongly Agree

05.05 The product/service we envision creating could be described as an extension of a range of products or services.

2

05.06 The product/service we envision creating responds to a demand or need that has not been satisfied by other products/services.

7 - Strongly Agree

05.07 The product/service we envision creating is a new version of an old product/service.

6

05.08 Justification

05.09 Who are your main potential competitors and what makes you stand out from them?

Nibalola farm Aramide farm

10.06 Are you initiating actions within your community to promote the role of female entrepreneurs?

No