Rio Fish is a social enterprise providing sustainable livelihoods and increasing food security by strengthening aquaculture market systems in Lake Victoria.
Market Opportunity/ Problem
Many small-scale farmers do not make profits due to inefficient operations, poor quality inputs & aquaculture practices, and lack of sound financial management. The lack of a structured market for the fish, poor physical infrastructure & inadequate cold chain facilities hinders the market. As a result, demand and supply cannot be effectively matched, causing shortages, post-harvest loss, and price disparities. Rio Fish addresses all these issues and creates an efficient market.
Years of operation
Type of organization
Stage of the business
Agriculture value chain(s) focus?
Primary country of operation
Other country(ies) of operation
How many employees does your business have?
Does the business have more than 30% women ownership?
Does the business have more than 30% youth ownership (under 35 years)?
Financing and expansion overview
How much capital is the company currently fundraising (US$)?
What is the split between equity and debt?
50% equity, 50% debt