Financial analysis of small-scale fish farming enterprises to alleviate poverty in homestead

Aiyedun, J.A. (2005) Financial analysis of small-scale fish farming enterprises to alleviate poverty in homestead. In: 19th Annual Conference of the Fisheries Society of Nigeria (FISON) , 29 Nov - 03 Dec 2004 ,Ilorin, Nigeria, pp. 745-749.

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Abstract

This paper focuses on the financial analysis involved in setting up of fish farming on a small-scale in a homestead. About 0.5 acres of land was used for the construction of pond which as a stock of Clarias spp/ Heterobranchus spp and Tilapia spp at the ratio of one to three for a period of 12 months. The land/land development cost is N26,500.00, pond construction cost, N35,700.00, equipment cost, N2,650.00 and stock/Input requirement cost N155,727.00 while the revenue from sales is N376,000.00. A cash flow analysis is also calculated for the fish farm, which is N155,423.00 for first year cash flow, and appropriate profit/mosses were calculated for five-year production cycle of N1,036,515.00 million. At the end appreciable profit is realized from the enterprises. This type of enterprises is viable for small-scale farmers to practices and adopted for financial support for their family

Item Type: Conference or Workshop Item
Title: Financial analysis of small-scale fish farming enterprises to alleviate poverty in homestead
Personal Creator/Author:
CreatorsEmail
Aiyedun, J.A.
Page Range: pp. 745-749
Date: 2005
Event Title: 19th Annual Conference of the Fisheries Society of Nigeria (FISON)
Event Type: Conference
Event Location: Ilorin, Nigeria
Event Dates: 29 Nov - 03 Dec 2004
Issuing Agency: Fisheries Society of Nigeria
Uncontrolled Keywords: Nigeria; aquaculture economics; aquaculture enterprises; costs; financing; fish culture; fish ponds
Subjects:
Aquaculture
Item ID: 4107
Depositing User: Ms Maria Kalentsits
Date Deposited: 31 Aug 2010 13:12
Last Modified: 29 Sep 2011 16:32
Related URLs:
URI: http://aquaticcommons.org/id/eprint/4107

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