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Fish Farming Investment
Stine
#1 Posted : Friday, May 04, 2012 12:00:45 PM
Rank: Member

Joined: 7/2/2009
Posts: 12
Anyone heard of Joy fish farming or Integrated Farming Solutions Ltd? They have large scale fish ponds in ruai and Kikuyu and the deal with mad fish. You put in 120K per pond, each pond has 1000 fingerlings, then after 10 months you get 70% return on investment. Looking to invest there soon and would like a wazuarians success story before I do.... Anyone here who has a success story on this investment?
Elder
#2 Posted : Friday, May 04, 2012 5:44:11 PM
Rank: Elder

Joined: 9/7/2010
Posts: 2,148
Location: elderville
Stine wrote:
Anyone heard of Joy fish farming or Integrated Farming Solutions Ltd? They have large scale fish ponds in ruai and Kikuyu and the deal with mad fish. You put in 120K per pond, each pond has 1000 fingerlings, then after 10 months you get 70% return on investment. Looking to invest there soon and would like a wazuarians success story before I do.... Anyone here who has a success story on this investment?

Gani hiyo. What are the terms and conditions?
He who can express in words the ardour of his love, has but little love to express. - Petrach, Son. (That men by various ways arrive at the same end. - Montaigne, The Essays of.)
Stine
#3 Posted : Monday, May 07, 2012 2:34:41 PM
Rank: Member

Joined: 7/2/2009
Posts: 12
They have a fish farming site at Ruai and Kikuyu. I have only visited the one at Ruai and it's a huge project. The terms are you pay 120k then your given a fish pond which holds about 1000-1500 cat fish. The fish weigh btwn 1-1.4kg each when they are ready for sale. The company Joy fish farm buys the fish at 140Ksh or is it 150Ksh per Kg. Alternatively they come and set up the fish pond in your land you pay the 120K and they train your caretaker when the fish areready for harvesting which is btwn 9-10mths you can decide to sell to them or find your own market. Was actually surprised most of the fillet Kenyans eat is cat fish....
Assuming after the fish rearing period you get 1000 fish from your pond weighing 1.4kg average.
You get 1000*1.4*140 = Ksh 196000
I'm working with minimum, it could be more. I'm actually surprised wazuarians don know abt it.
Gathige
#4 Posted : Monday, May 07, 2012 4:16:39 PM
Rank: Elder

Joined: 3/29/2011
Posts: 2,242
@Stine,
There is an oversupply of fish after fish ponds were done all over the country through Economic Stimulus Plans. I hear in Central Kenya there ponds all over and people are not eating enough of the fish. Try buying what is there already and sell at a premium if you can get the market.
"Things that matter most must never be at the mercy of things that matter least." Goethe
mungaits
#5 Posted : Monday, May 07, 2012 11:08:07 PM
Rank: Member

Joined: 9/20/2007
Posts: 252
I have been to the Kikuyu farm, amazing stuff. You have to see to believe! The ponds are done in a greenhouse to ensure early maturity. Am also planning to give it a try later in the year.

They also sell finger-lings, fish food, fillets plus offer training sessions.

I can link you with them if you need more info or a tour/visit.

Follow link below.
http://www.the-star.co.k...ouses-for-fish-farming-

Asanteni
Chaka
#6 Posted : Tuesday, May 08, 2012 11:02:27 AM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
@mungaits,
What do they feed the fish with and is the tour free?
Having read the fish farming story in the link,I wonder whether the economic stimulus thing was well though out?i.e the government was busy dishing out cash without any technical support and thus the beneficiaries had to learn the hard way..quite wasteful I must say.
Stine
#7 Posted : Tuesday, May 08, 2012 12:22:47 PM
Rank: Member

Joined: 7/2/2009
Posts: 12
@Gathige
The problem is I don't have the time to look for the market myself.
I know there is alot of fish farming but you need to find a mkt. These guys can't meet the demand for cat fish both locally and internationally so I guess thez lots of demand out there. I guess I'll jump in n see if mine will be a success story.

@Mungaits
Before the tour was free now pple pay 1000.
The fish feed on some stuff that has omena in it plus I think algae.
mwendiuthaka
#8 Posted : Tuesday, May 08, 2012 12:26:03 PM
Rank: New-farer

Joined: 10/6/2011
Posts: 38
Location: usa
joyfish has a ksh 10,000 charge for their one hour training visit at the ruai farm for a party of up to 10 persons(whether 1 or 10)If interested they can set up your fish operation for ksh 100,000 per pond with a minimum of 5 ponds if within nairobi(500,000minimum)which includes construction,fingerlings and feed for the 8months it takes to harvest.they will also visit bi-weekly to give input where needed.Its contractual so they will buy your fish when ready for market-gauranteed.again minimum investment is 500,000ksh plus the 10,000 for training.just talked to them for info.
Chaka
#9 Posted : Tuesday, May 08, 2012 12:47:00 PM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
How high is the raised 4 x 2 metre pond so as to hold 1000 fish and what is it made of?
I personally find the 8 months for the fish to mature too long.Does anyone know if the raised ponds can be used to rear say prawns ?
Does anyone here have a photo of this pond?
matata
#10 Posted : Monday, May 14, 2012 10:41:20 AM
Rank: Member

Joined: 11/7/2011
Posts: 410
This is very interesting. I have constructed 10 fish ponds in Western Kenya, Webuye, I want to try it out but am yet to get the fingerling. I should check with those Kikuyu guys if they could do that for me but at a cheaper price coz the fish ponds r ready. Am not sure about the market in Western Kenya. I had done some research, and found out that I need to get Market for me to sell in large quantities.With this thread am encouraged to carry on.
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