We've Launched AquaFedha: Africa's First Credit Finance Product. AquaFedha is bridging the critical financing gap for small and medium-sized fish farmers to transition them from subsistence to profitable, commercial scale production. Why AquaFedha is a Game Changer for African Aquaculture 1. Solving the "Unbankable" Challenge Many small scale fish farmers lack collateral, formal records, or large enough operations to qualify for traditional loans. AquaFedha’s tailored credit model (backed by AquaRech LTD & Equity Bank) assesses farmers based on production potential, not just conventional banking metrics. 2. Fueling Commercial Transition Subsistence → Commercial Farming: Credit allows farmers to: ✔️ Buy high-quality fingerlings & feed in bulk (lowering costs). ✔️Invest in HDPE cages and Large scale ponds to increase yield ✔️Adopt technology & Data (Mobile app). ✔️Meet market demand consistently (supply local fish traders). 3. Strengthening Africa’s Food Systems Small/medium fish farmers produce ~60% of Africa’s aquaculture output but remain trapped in poverty due to lack of capital. AquaFedha aligns with the African Food Systems by ensuring: ✔️Nutrition security (affordable protein for local communities). ✔️Job creation (women & youth in fish farming & processing). ✔️Climate resilience (funds for sustainable practices ) 4. Partnership Power: AquaRech LTD + Equity Bank Limited + TechnoServe AquaRech LTD’s expertise in aquaculture training & technology ensures farmers use loans effectively. Equity Bank Limited's financial inclusion model adapts to smallholder needs (flexible repayment, digital lending). TechnoServe's CASA program supporting the Blended Finance Product Key Features of AquaFedha for Farmers Low Interest Loans – Affordable capital for feed, equipment, and expansion. Technical Support – AquaRech provides training on best practices, disease control Market Access – Links to farmers to processors, retailers, and consumers. Digital Integration – Mobile-based loan applications, repayments, and advisory services. Key Take Aways on AquaFedha a) "AquaFedha is farmers gateway to profitable fish farming! Get loans for feed, cages, and technology plus expert training from AquaRech. Move from struggling to thriving with Africa’s first credit product made for fish farmers." b) "Supporting AquaFedha means investing in food security, jobs, and climate-smart aquaculture. Partner with us to scale up Africa’s smallholder fish farmers." c) "AquaFedha tackles a $5 billion credit gap in African aquaculture. Back a sustainable, high-impact model that lifts farmers out of poverty while boosting local economies." "AquaFedha isn’t just about loans—it’s about transforming Africa’s aquaculture into an engine of growth, food security, and prosperity for millions of small-scale farmers." Equity Bank Limited TechnoServe Acumen Aqua-Spark Katapult Mercy Corps Ventures African Food Fellowship Farm Africa
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