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FOR
FISH (POND) FARMING
BY
BUKKU MULTI-PURPOSE
COOPORATIVE
SOCIETY
Name of cooperative society:
Year established:
July, 2008
Membership strength:
10 members
Gender:
Male/female
Contact Address:
G.R.A.,
Telephone:
08034019001
Project type:
Fish Farming
M.M.C.
Type of registration:
Cooperative Society
Experience:
New
Indebtedness:
Nil
Duration of project:
10 years
OUR FISH FARMING BUSINESS PLAN
Agriculture is very key to the economic development of
the people and
also very important for poverty alleviation and human s
urvival.
d. Product quality
a. Place/location
The farm will be located at No. 10 Ramat street,
G.R.A. Damboa
road, Maiduguri, in M.M.C. L.G.A. site is located
because of the
availability of land, access road network leading
straight to the
farm, short deepness to stinking a bore-hole
without much
difficulties.
b. Promotion
Sign board will be erected to show direction t
o farm and its
activities, posters
ecessary during
will
be
pasted
where
Stage No. 1
This involves construction of concrete ponds and
also piping and
fencing the ponds.
Stage No. 2
When all is set and water available, the fingerlings
are brought in
so that feeding and other activities can go in the fa
rm.
Stage no. 3
Provision of water and other condition that can co
ntribute to the
growth of the fish.
Stage No. 4
Harvesting of the matured fish for sales to the gen
eral public and
retrieve after which day old fingerlings are brou
ght in to start
another cycles.
COST PRODUCTION ANALYSIS
Sn Labour cost
personnel
Salary monthly
Total
No. of
N30,000
N15,000
N15,000
N60,00
Total
2,000,000
Construction
of
2,000,000 10
concrete ponds
Wiring
of
wat500,000
er
system
Construction
of
350,000
350,000
office
Store
500,000
500,000
Generator/wiring
200,000
To
e
Freezers
200,000
ponds
th200,000
entire farm
2
dee200,000
p
freezers
7
8
Stinking of borehole
Fishing kits
350,000
350,000
50,000
Complete
50,000
Complete
100,000
10 ponds
750,000
The
e
whol 650,000
work
1 month
2
nd
300,000
month
3 month
rd
th
th
4 month
5 month
th
6 month
10,000
Fueling of Generator
250,000
Total
1,687,500
THE ESTIMATE PROFIT OF RAISING 10,000 FISHES E
VERY 6 MONTHS
At the end of production period that is 6 months, fish
is expected to
attain 1kg body weight.
The moderate market price per 1 kg is N500. Sinc
e we are raising
10,000 fishes we are expecting 75% of 10,000 fingerlin
gs to attain 1kg,
while 25% might not attain the required body weight, d
ue to risk of: 10% mortality: this is the number of deaths due to
diseases.
10% cannibalism: this is the act by which bigge
r fishes eats the
nd
st
0.
Profit after two (2) harvest
st
1 harvest = N2,002,500
2
nd
st
harvest = N2,002,500
1 harvest + 2
nd
harvest
Profit = 4,005,000.
We can now observe
dually rising up
that
the
profit
is
gra