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Catfish Farm by Theophilus

Theophilus Mogyabiyedom Pitch Video

Catfish farming is done in tarpaulin and concrete ponds size: 15ft. X 15ft. X 4ft. located near the house where close monitoring is possible. This is in partnership with an organization called, Heaven Is Our Goal. They were hired by a pharmaceutical company to supply catfish fingerlings and feed at no cost. After 6 months when the fishes are mature, they buy them back to extract Omega 3 oil for food supplements. Then the fish are sold for food. This contract of supplying me with fingerlings and feeds is for five years. So there is a ready market for my business. In my own part, I am to provide ponds and a good environment, and take care of the fishes till six months when they reach maturity. Each and every creation cycle, I will get $ 2,219.50 for each 1,000 mature fish in the pond. The supplier even visits the ponds weekly to test water quality and the health of the fish.

Theophilus will generate an impressive 92% return on investment!

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