Kenya - Business creation project

Describe your project or startup in a few words

Fishing is one of the economic activities that can generate income within a short period of time unlike fishing on the lake which is quite harzadious, these one does not endanger loss of human life as a result of sandstorm and attacks from sea animals

01.01 Describe your project in more detail

The reason as to why I inspire to venture into rearing of fish it's due to the landscape of our home land. It usually floods therefore no farming can be done since the place becomes swampy. Demand of fish have been a motivation towards that business which is lucrative creating a ready market

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

Maximum utilization of the swampy land since there's no economic activity taking place at the moment. By doing this I could have prevented the outbreak of waterborne diseases and destroying breeding zones of mosquitos that causes malaria

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

Employment opportunities would have been created since I need manpower to feed the fingernails and also during the fishing process therefore creating a source of revenue

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

Feeding the citizens within the place with fish. Unemployed youths will be absorbed in providing labour and transportation services on delivering the fish to market

01.05 When did you start working on your project?

2023-08-27

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

7

01.07 Among the other partners, how many are female?

3

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

Fish mongers in different markets who were initially based at the shores of the lake and therefore they have experience in preserving the fish

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

Employment creation hence reducing unemployment rate

02.02.01 My project contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification

After every four months fish will be available reducing hunger

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

All the breeding zones for waterborne diseases, improving the health status of residents

02.04.01 My project contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification

Many students who did agriculture in both secondary and tertiary institution will be absorbed since they poses knowledge and skills in fish learned in school

02.05.01 My project contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification

Women and girls are always attractive which will aid in marketing of the fish

02.06.01 My project contributes to the Clean water and sanitation goal

7 - Strongly Agree

02.06.02 Clean water and sanitation - Justification

The ponds will have both inlets and outlets drainage system that will be channelled to the farm for irrigation purposes

02.07.01 My project contributes to the Affordable and clean energy goal

7 - Strongly Agree

02.07.02 Affordable and clean energy - Justification

Through the use of electricity as the power to pump water into the ponds

02.08.01 My project contributes to the Decent work and economic growth

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification

Revenue will be generated through the employment opportunities created improving the living standards of residents

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

Industries processing and manufacturing food pellets to feed the fish. Roads linking between the ponds and market will be put in place for easy transportation since fish is highly perishable

02.10.01 My project contributes to the Reduced inequalities goal

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification

Over Reliability of fish from the lake region will be reduced

02.11.01 My project contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification

Housing will be required for residents working on that project resulting to settlement within that area

02.12.01 My project contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification

Only matured fish will be harvested reducing wasting

02.13.01 My project contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification

Evaporation during sunshine from the ponds will result to rainfall and the excess water will be absorbed in the ponds

02.14.01 My project contributes to the Life below water goal

7 - Strongly Agree

02.14.02 Life below water - Justification

This will be achieved through the maximum utilization of the water

02.15.01 My project contributes to the Life on land goal

7 - Strongly Agree

02.15.02 Life on land - Justification

Vegetation will be improved through the outlets which will be used in farming

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

7 - Strongly Agree

02.16.02 Peace justice and strong institutions - Justification

Interaction between the residents will enhance unity and harmony in market places

02.17.01 My project contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

Both local and foreign partners will be attracted which will bring in foreign exchange and market

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

7 - Strongly Agree

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

7 - Strongly Agree

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

3

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.

4

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

1 - Strongly Disagree

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

5

05.08 Justification

After visiting several fishing zones, the observation that I got will enable myself to come up with a modernized fishing ponds equipped with modern parameters to increase the breeding of fish

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

Fish breeders. I have researched and found out another breed of fish which no one currently breeds due to its size and special attention needed for them to breed

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

Through the formation of women groups for instance Imarisha Sacco