Fish Farming for economic empowerment

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Fish Farming for economic empowerment

LUKMEF and OKF Fish centre Project

EARN MORE FROM FISH FARMING THAN IN A GOVERNMENT JOB!!( EXPANDING THE SUCCESS STORY TO RURAL COMMUNITIES)Cameroon imports about 180,000 Tonnes of Fish each year. Cameroon has the potential to actually produce more than 180,000 tonnes of fish yearly, if graduates, rural farmers and youths as a whole are empowered to engage in fish farming. To this end, LUKMEF and OKF united forces to start what has turned out to be a Mega Fish Farming Initiative with the first ever full cycle ( fish and fish feed) production center in Limbe-Cameroon. The center will now gain government support to produce 1913 tonnes of fish each year.We project to extend this success to rural areas and to reach a production capacity of 25000 tonnes in 5 years, Create over 300 direct jobs and 600 indirect jobs.If you love fish farming or want to support rural women to engage in fish farming, we are ready to work with you.How profitable is fish farming?1. it will cost about 4.5million Francs CFA to construct 3 ponds of 50m Cubes2. it cost 125Frs/Fingerling ( young Fish)3. 2500 Fingerling will go into each 50m cube pond4. it will take 5-7 months to grow the fish to 1kg/fish5. it will require 1kg of feed to grow the fish to 1kg/fish6. 1kg size fish is sold at 2200Frs7. the full cost of initial investment is recovered after 2 cycle of production8. The profit per cycle after full recovery is about 60%9. A fish farmer with 3 ponds can earn about 150% the salary of a well paid state employee10. FISH FARMING CAN BE DONE PRACTICALLY EVERYWHERE, WE ARE HERE WHEN YOU NEED TO STARTCALL 677947449

Posted by Martin Luther King Jr Memorial Foundation on Tuesday, October 20, 2015

EARN MORE FROM FISH FARMING THAN IN A GOVERNMENT JOB!!
( EXPANDING THE SUCCESS STORY TO RURAL COMMUNITIES)

Cameroon imports about 180,000 Tonnes of Fish each year. Cameroon has the potential to actually produce more than 180,000 tonnes of fish yearly, if graduates, rural farmers and youths as a whole are empowered to engage in fish farming. To this end, LUKMEF and OKF united forces to start what has turned out to be a Mega Fish Farming Initiative with the first ever full cycle ( fish and fish feed) production center in Limbe-Cameroon. The center will now gain government support to produce 1913 tonnes of fish each year.We project to extend this success to rural areas and to reach a production capacity of 25000 tonnes in 5 years, Create over 300 direct jobs and 600 indirect jobs.
If you love fish farming or want to support rural women to engage in fish farming, we are ready to work with you.

How profitable is fish farming?
1. it will cost about 4.5million Francs CFA to construct 3 ponds of 50m Cubes
2. it cost 125Frs/Fingerling ( young Fish)
3. 2500 Fingerling will go into each 50m cube pond
4. it will take 5-7 months to grow the fish to 1kg/fish
5. it will require 1kg of feed to grow the fish to 1kg/fish
6. 1kg size fish is sold at 2200Frs
7. the full cost of initial investment is recovered after 2 cycle of production
8. The profit per cycle after full recovery is about 60%
9. A fish farmer with 3 ponds can earn about 150% the salary of a well paid state employee
10. FISH FARMING CAN BE DONE PRACTICALLY EVERYWHERE, WE ARE HERE WHEN YOU NEED TO START

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