In February 2016 we constructed a fish pond and put in 1500 fingerlings of catfish. Nine months later we harvested the fish and made a total of kshs.235,000 ($2,350 USD). We bought the fingerlings at shs.10,000 ($100 USD) and used shs.20,000 ($200 USD) to buy feeds for the whole period, leaving a profit of $2,050 USD to cover farm expenses.
In April 2016 we planted 300 banana trees, we did irrigation for nine months before we started harvesting our bananas in December 2016. We shall continue to harvest the bananas for a long time.
Other than bananas, we plant and harvest various vegetables from time to time. We finished harvesting our last bunch of kale in December 2016, and we are starting to harvest other vegetables and tomatoes this January 2017.
Our main aim for doing fish farming was to make sure that the farm is able to sustain itself, and we have gone a long way in making sure it happens. We have an undeveloped portion of land which we would like to develop in order to accommodate more families in the program. That is the reason we are looking forward to adopting the most modern way of fish farming, (Tilapia fish caging), which will enable us to make more money, thus enabling us to develop and sustain both the farms.
As follows is the breakdown of costs and expected income for fish caging system:
COSTS Kenyan shs USD
Licences(for two years) 100,000 $1,000
Cage 320,000 3,200
Fingerlings 75,000 750
Canoe 95,000 950
Engine 120,000 1,200
Feeds 30,000 300
Fuel (for 6months) 24,000 240
TOTAL 764,000 $7,640
One fish after six months sells for not less than Shs.120 ($1.20 USD)
Therefore, 5000 x120 = 600,000 ($6,000 USD)
After harvesting we will need to buy fingerlings, fuel and feeds only at a total cost of Kshs.129,000 ($1,290 USD), leaving a projected profit of Kshs. 471,000 ($4,710 USD).
In one year, with 2 harvests, we estimate a profit of Kshs 942,000 ($9,420 USD).