Adding Value to Aquaculture products

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Presentation transcript:

Adding Value to Aquaculture products Add value and make farming profitable and attractive for present and generations to come

Background In 2008 as a fresh graduate joined a fish farmers cooperative- WAFICOS Was surprised to find that it had only 34 members Production of farmed fish was very low and not popular Even with low production, market access was an issue As an administrator; our team worked had to increase membership to 1037 members This challenged me to think of what I can do to add value and increase market access hence formation of Kati farms Uganda Ltd

Kati Farms Uganda Ltd  Kati Farms is an agro fish-processing enterprise founded in 2011 that sells new fish products including fish sausage and samosas Sources fish from small holder fish farmers, trains farmers, sells processed products in Uganda and neighboring countries. Customers include hotels, supermarkets & restaurants (both domestically and internationally), as well as the informal market  Despite vast fish resources in Uganda, the country has not utilized these resources well, resulting in limited fish production

Kati Farms Uganda Ltd cont’d Fish farmers in Uganda have trouble finding market outlets for their fresh farmed fish, despite representing a healthy food alternative To address this, Kati Farms adds value to fish through the production of processed fish products, such as fish sausages or samosas

Publicity & connections to new markets Key success factors Venturing in innovative fish products fit for present generation Sausages Samosas Fillets Powders Snacks Customizing products to customers’ different tastes Prestigious awards boosted our confidence Trust of the 1037 fish farmers that accepted to supplying fish on credit to KATI FARMS Solved initial capitalization problem Participating in local and international trade shows increased exposure Publicity & connections to new markets

What we have achieved sofar New innovative products in market Buying 15000 kg per week Employing 38 staff PPP with Government A Company worth half million USD in a space of 4 years.

Outlooks Grow farmer sourcing network to <2,000 The company is looking to raise ~$450K which will be used to acquire A private production facility, 2 refrigeration trucks, rooms power generators, patent & manufacturing rights highly certified quality products Grow farmer sourcing network to <2,000 Continue improvements in production process to improve supply reliability

Thank you for Listening You can choose to remain traditional or go modern Lovin Kobusingye Team leader, www.katifarms.org