Introduction

Mr Hakeem Ariori, Social Worker at Ebunoluwa Foundation and Children Academic and Vocational Support Initiatives.

 

"Dear family friends,

"A friend in need is a friend indeed"
Life cannot be lived without people around you.We learn,grow,flow from interactions with each other over a period of time as long as the relationship is sustained.

It's a blessing and honour for my friends to make huge sacrifices and to go extra mile for my sake.

The casual friendship arising from work related relationship has turned out to be a great association of committed friends seeking the best for their friend in need.

NIgeriaNEtherlands(NINE) acronym has become a very special symbol for me that truly,we are yoked together with love, for a purpose.

I lack the right words to use in expressing my gratitude for this great unimaginable intervention at a time like this.

It is a call to be more and to do more to keep moving to make a sustainable difference in life as a fish farmer and more.

I plan to go all the way to make best use of this special opportunity to make it work by working at it. I shall give updates from time to time.

I appreciate each and every one that has made it possible, thank you so very much.

Lots of love,
Hakeem
Oldest adopted child"

Business Plan      

       I started breeding catfish from 550 fingerlings last year September with two fairly used 2000 liters plastic ponds in my house.It was during one of CAVSI outreach days hence the children were taken through how to breed/farm and how they grow. The first season was a learning experience hence no obvious profit was made.

       I was able to get 700 fingerlings at #12ea for the second season,that was when I found out that they can be oven baked.40kg of the fresh catfish out of 248.5kg were baked, packed and sold to individuals.The balance of 208.5kg were sold at between #700/kg & #1,000/kg. The feed,logistics, energy, packaging nylon was #157,550. One of the customers introduced a wholesaler who is ready to buy and resell the baked fish.Part of the profit from this experience was used to build two additional tarpaulin ponds to give room for better growth.

       Now in third season,I got 400 fingerlings and 300 post fingerlings.The feeds until they are fully grown to be sold is ready.There is the potential for possible export of the baked catfish.The third season is sold out too. 

One of the fairly used plastic pond I started with is giving signs of weakness with little leakages and torn edges. A new one of same size was #67,000, logistics to get it home,get net cover and install is about #29,500.

Specified breakdown of the donated money

 

My expansion plan:

# 1extra water tank@       #77,500

# Concrete Pedestal for the water tank.(iron rods, cement,sand, planks & labour)        #68,500

# 2 extra fish ponds @#74,000each.               #148,000

# 2 pond covers@4000ea #8,000

# charcoal oven.                 #80,000

# Swapping of old generator with a 8kva to support energy supply   #157,000

# stock of post fingerlings (2,000)@#35ea                    #70,000

# stock of fish feed(52bags)#468,000

# Delivery service.                #57,000

# plumbing materials.          #13,760

# plumber service charge.   #16,500

# Charcoal and fire wood.    #18,000

# package/Label.                   #17,500

# Registration with Government     agencies                                  #

 

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