FISH FARMING AND TRAINING PROGRAM

This program borne with an impulse to help has made tremendous progress since onset.Although on a small scale but families have been blessed

Photo of Festus Adeosun
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I confirm that I am fully aware of the eligibility criteria, and based on its description, I am eligible to apply to the CSV Prize 2017.

  • Yes, I'm eligible

Preferred language

  • English

Year founded

2011

Initiative stage

  • Established (the solution has passed the previous stages and demonstrated success)

Number of beneficiaries impacted so far

  • 10 - 50

Organization type

  • Nonprofit, NGO, or citizen sector

Secondary Focus Area

  • Nutrition

Headquarters location: Country

  • Nigeria

Headquarters location: City

ABEOKUTA

Location(s) of impact

Nigeria: Abeokuta, Ijebu, SSagamu

Problem: What problem is this initiative trying to address?

Nigeria, is faced with problems ranging from unemployment, poverty and malnutrition. However, On a narrow scale, this project was borne out of the mind to in its small way tackle the problems of
unemployment,
Empty experiences
environmental problems associated with Aquaculture
problems associated with sustainability of Aquaculture
low standard of living of the average Nigerian
this aspect is vital as a man who is able to feed well can think

Solution Summary: What is the proposed solution? What do you see as its most promising aspects for creating shared value?

unemployment: the initiative equip young men and women in fish farming and also provide start-off capital to keep them employed and be able to fend for themselves and families
empty experiences: A lot of similar training programs had been organised by NGO's, institutions, etc however, the participants who are poor go home with empty experiences with no fund to bring the knowledge to bear thereby remaining on same spot.
environmental challenges associated with aquaculture: participants are exposed to organic aquaculture to curb the traditional problems resulting from use of chemicals in aquaculture
sustainability: in the course of this program over the years we have seen many participants who were into fish farming in the past but ran out of business because of lack of knowledge, poor funding, etc. however, one of such persons has been in the business since 2012
low standard of living

Impact: What is the impact of the work to date? Specify both the social and the environmental impact of your work

With the equipping youths and women with the knowledge of fish farming, fish feed production and providing the some fixed and operational cost for start-off has in its little way reduced the number of unemployed in the streets of the city.
Fish feed takes 50-70% of production cost. 15kg of a bag of feed cost an average of 7,300 naira however, with this initiative, participants are equipped with the knowledge of formulating and compounding local fish feed which cost 4,000 naira/15kg bag thereby reducing feeding cost to about 60% of its original cost.
Also, knowledge of organic farming has reduced environmental problems associated with traditional aquaculture. participants are exposed to use of natural antibiotics (medicated plants) and other plants and animal waste that can be use in place of chemicals normally used in aquaculture thereby curbing the loss of useful biota in the environ.

Financial sustainability plan: How is this initiative financially supported? How will you ensure its financial sustainability long-term?

At the start-up of this initiative, it was solely supported by my monthly income as a lecturer, however, as the initiative gained more popularity with more people indicating interest and with incessant increase in material input, I began to source help and load from other bodies such as:
1. Monthly income = 50 % of financial support for the initiative
2. Friends and family = 25 %
3. Soft loans from cooperative societies within my place of work = 25 %

Unique value proposition: What makes your initiative innovative? How does your project differ from other organizations working in the same field?

This initiative differ from others in this field in that it trains and provide trainees with fund.

Founding story: Share a story about the "Aha!" moment that sparked the beginning of this initiative.

Born into a poor family, I know first hand what it means not to be able to eat at least twice daily. I went for a fish training program as a resource person and at the end of the training, one of the participants asked and I quote "those of us that do not have land space nor money to start off this project you have taught us, what will be our lot as we have gone for various training like this with the promise of start-off capital but to nought"?
There and then I knew I have an opening to help, not just giving a man fish but also teaching him to fish and providing the means for successful fishing. Since then, it has been a success with the help of God and others who share my idea.

Where did you hear about the Nestlé Creating Shared Value Prize?

  • Upon recommendation from others

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