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Adding Value to Aquaculture products

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

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Adding Value to Aquaculture products

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

  2. 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

  3. 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

  4. 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

  5. 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

  6. 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.

  7. Outlooks • 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

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

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