How to Start Your Fish Farming Business in Kenya

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

Talk of fish and you have the attention of almost every Kenyan.

Fish consumption has become a lifestyle for almost everyone in the country. 

Need I mention that it is a very delicious meal especially when consumed with ugali? Haha…

Don’t even get me started.

And if you’re thinking about pushing it, scroll back up and confirm my name. Haha…

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

Jokes aside,  millions of Kenyans love fish, and that is where fish delicacies gain their popularity. 

But, does the fish supply in the country meet the demand?

I doubt, and they is the number one reason why you need to get into the fish farming venture.

Best Location for a Fish Farming Business in Kenya.

You will need a location where there is a good supply of water.

If you can get a fresh supply of water in town areas, well and good. But I’d rather you set up in rural areas where freshwater supply is unlimited.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

Requirements for starting a fish farming business in Kenya.

What do you really require in order to successfully start and run a fish farm? Any skills, knowledge, equipment, or considerations? Let us find out:-

  1. Market research will always come first – get to the ground and know things about fish farming. Know the possible challenges and how much demand there is against the supply. If you find a gap to exploit and you are favored by the answers you get for other research questions, then proceed.
  2. Get the relevant skills and education – you can visit the ministry of agriculture for proper guidance on how fish farming needs to be done to profit maximally from it. There you can acquire all skills necessary for fish farming.
  3. To specialize or not – you can decide to specialize in raising a certain type of fish, several types, or just raise as many types as you can.
  4. Identify a hatchery/supplier for fingerlings – you need to spot a hatchery or a place where you will get a supply of your fingerlings. This should offer quality and relatively cheap fingerlings to increase your profit margin.
  5. Acquire a piece of land with sufficient water – you can hire a piece of land either in rural areas or close to town, provided there is a sufficient supply of water. This may cost you about Ksh.10,000.
  6. Assemble the following:

  • A huge polythene paper – Ksh.3,000
  • Digging tools – Jembes, forks, spades.
  • Water pump – hired at Ksh.500
  1. Dig a fish pond – you need to dig a fish pond according to the guidelines and skills you get from the ministry of agriculture pertaining to the depth, length, and width. The dimensions of the pond will also be informed by the number of fish you intend to raise.
  2. Fix the huge polythene paper – the huge polythene paper should cover both the bottom and sides of the fish pond to prevent water leakages. You can see that you won’t actually need to use ballast and concrete.
  3. Pump enough water into the fish pond – use the water pump to pump enough water into the pond in preparation to bring your baby fish.
  4. Bring your fingerlings or baby fish – from the hatchery you identified, purchase as many fingerlings as you had budgeted and as many as the fish pond can hold. Feed them regularly and provide the necessary conditions for growth. You can fence the farm to curb theft.
  5. Market your fish farming business – network with fish hawkers, hotels, restaurants and fish joints so that you can have a ready market as your fish matures.

How Much Capital do You Need to Start a Fish Farming Business?

Just how much will be required to set up the fish farm and kick off the business? Let us see:

  • Fingerlings –Ksh.1,000
  • Land – Ksh.10,000
  • Huge polythene paper – Ksh.3,000
  • Water pump hire – Ksh.500
  • Feed – Ksh.2,000

With Ksh.17,000 – Ksh.20,000, you can set up a fish farm.

If you want to operate on a large scale farm, invest in more fingerlings, their feed, and a larger pond.

How Profitable is this Business?

You can expect to sell 1Kg of raw fish at Ksh.350 – Ksh.400.

Just sell 100 fish at Ksh.350 each to make Ksh.35,000 and you have returned your invested amount a

Repeat with other fingerlings and continue raking in cash.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

Related Posts


Small Business Ideas

15 Great Small Business Ideas to Start in 2021

How would you like to start a small business in 2021? In today’s post, we share 15 great small business ideas to start in 2021 to start making profits. Some word of advice though,  Not ....

41 Small Business Ideas for Beginners in 2021

Which small business ideas would you recommend for beginners in 2021? I recently got this question from a reader of this blog. And I thought, why not write a whole post around it and give ....

Farming businesses

15 Agricultural Businesses To Start In 2021

As they say, farming is the backbone of an economy. Thinking about it makes more sense and gets you thinking maybe the farmer is under-appreciated. Or are they? I mean, every day we see local ....

How to Start a Landscaping and Lawn Care Business.

How to Start a Landscaping and Lawn Care Business.

Basic trimming, mowing, and landscape design is a whole business to venture into. As more and more people continue to build homes, real estates, and commercial buildings, the demand for landscaping and lawn care rises. ....

Top 50 Online Shopping Sites in India.

Top 50 Online Shopping Sites in India.

You must have found yourself ordering a thing or two from an online store and they delivered to your preferred address, right? Now that is the new fashion of doing business. India has got a ....

Snacks business in Kenya

How to Start a Profitable Snacks Business in Kenya.

Eating is inevitable, especially snaking, Kenyans really love that. Talk of samosas, mandazis, boiled eggs, smokies, soft chapatis, and some cakes and you have all the attention of Kenyans. On the streets, in public places, ....

Fish farming business in Kenya

How to Start Your Fish Farming Business in Kenya

Talk of fish and you have the attention of almost every Kenyan. Fish consumption has become a lifestyle for almost everyone in the country.  Need I mention that it is a very delicious meal especially ....

Small business ideas in Narok town, Kenya

Small Business Ideas in Narok Town | 19 of Them!

Would you like to start a small business in Kenya but don’t know where to start? Have you considered setting up your business in a fast-growing town like Narok? Narok Town, also known as the ....

19 Best Small Business Ideas to Pursue In Kisumu

Kisumu is the third largest city in Kenya, and like Nairobi and Mombasa, it has thousands of small business ideas that have been tried, tested and are just as profitable as Kenya Power and Safaricom ....

Food Blogs on Instagram

Top 5 Instagram Businesses to Start in 2020

Instagram is an amazing photo and video sharing app that we use to connect to friends and family online. Interestingly, Instagram is as much a great place to start your small business as it is ....

How to Start a Bottled Water Business in Kenya

Retailing bottled water is among the most low-capital businesses that one can start in Kenya. There is so much flexibility in how to set up your bottled water business that makes it easy for entrepreneurs ....

How to Start a Mitumba Retail Business in Kenya

What Are Mitumba Clothes? Mitumba generally refers to clothes that get into the country as donations. They are not always secondhand clothes. Some are actually new clothes purchased for donations while some are surplus stock ....

Gas cylinder business in Kenya

How to start a LPG (Gas) Retail Business in Kenya.

In 2018, the World Bank concluded after a study done in Kenya that about 84 percent of Kenyans use solid fuels such as wood, charcoal, and agricultural residue. 2 percent of the population was estimated ....

How to Start a Car Hire Business in Kenya Without a Car

Capital is no longer a deterrent to young, aggressive entrepreneurs who genuinely want to start small businesses in Kenya. Perhaps because all genuine investors are willing to fund any viable businesses without hesitation. Or because ....

Read More
 
Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.
If you participated in the Joon Online February Contest and your Olymp Trade Trading ID is-

1. 65088443 (from the United Arab Emirates) you are the winner of our brand new PS5

2. 71239571 (from Mexico) - you are the first runners up and you win $500
3. 42372579 (from India) - you win $100
4. 70050992 (from Benin) - you win $100
5. 66245309 (from the United Arab Emirates) - you win $100
6. 65522959 (from India) - you win $100
7. 71249170 (from Colombia) - you win $100

contact us via email - info@joon.co.ke to collect your prizes


Don't have an Olymp Trade Account? Register Here.


Comment on this post