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Loan To Finance My Fish Farming - Business - Nairaland

Nairaland Forum › Nairaland General › Business › Loan To Finance My Fish Farming (651 Views)

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Loan To Finance My Fish Farming by solablings(op): 1:53pm On May 14, 2018
I have a great business proposal for anyone that might be interested in lending out 1,500,000 to get 2,500,000 within the next 2 year.

Here are the breakdown to the way it'll be implemented.
1,000 pieces of Juvenile Fishes @ 35 each = 35,000
Pond rentage : 80,000
Pond treatment + netting : 20,000
200 Fish feeds that guarantee maximum production @ 6,000 each = 1,200,000
24 sachets of Organic feeds @ 4,000 each = 96,000
Security + water @ 10,000 for 12 months = 120,000

TOTAL EXPENSIS FOR 6 MONTHS : 35,000 + 80,000 + 20,000 + 1,200,000 + 96,000 + 120,000 = 1,551,000

AVERAGE WEIGHT OF A FISH AT TIME OF HAVEST: 3 - 5kg
LOWEST COST OF SELLING A KG OF FISH NOW: 700

NOW TAKING THE LOWEST KG EXPECTED FOR THE PURPOSE OF CALCULATING PROFIT : 1000 Fishes X 3kg X 700 naira = 2,100,1000

Total income = 2,100,000

Profit = total income - total expenses
Profit = 2,100,000 - 1,551,000 = 549,000

So our profit will be 549,000+ after 6 months

Then I'll start paying back the loan gotten at 500,000 repayment every 6 months for 5 consecutive times.

My email is solablings@gmail.com and I can be contacted thru WhatsApp in my signature.

Very strong lawyer aggrement + any other things that can guarantee your assurance will all be taken into consideration.

God bless as you help a fellow brethren.

MY LOCATION IS OSHOGBO IN OSUN STATE

Re: Loan To Finance My Fish Farming by Bakerdav: 2:12pm On May 14, 2018
R u sure d lowest cost of selling kg of fish is #700?bcs as at last month I sell 6month fish kg is 600
Re: Loan To Finance My Fish Farming by solablings(op): 4:26pm On May 14, 2018
Bakerdav:
R u sure d lowest cost of selling kg of fish is #700?bcs as at last month I sell 6month fish kg is 600
Yes it is even in Oshogbo here its sold between 750-850 that's if your fish weigh 2k and above.

But if its below 1 kg the pricing most times are very ridiculous.
Re: Loan To Finance My Fish Farming by Bakerdav: 5:01pm On May 14, 2018
solablings:
Yes it is even in Oshogbo here its sold between 750-850 that's if your fish weigh 2k and above.

But if its below 1 kg the pricing most times are very ridiculous.
can you introduce me to the buyers?
Re: Loan To Finance My Fish Farming by solablings(op): 7:17pm On May 14, 2018
Bakerdav:
can you introduce me to the buyers?
Why not ? You can contact me thru WhatsApp number in my signature.
Re: Loan To Finance My Fish Farming by Bakerdav: 8:38pm On May 14, 2018
solablings:
Why not ? You can contact me thru WhatsApp number in my signature.
can't get ur watapp number
1 Reply

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