Great Lakes Feeds
Production of animal feeds, majorly fish feeds but also poultry, pig feeds and others.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $192k | Grant | |
| Total Funding | 000k | ||
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Great Lakes Feeds Ltd. operates as a social for-profit enterprise focused on agribusiness solutions in Kenya, particularly around the Lake Victoria region. Established to address local economic and food security challenges, the company engages in the manufacturing of high-quality, affordable animal feeds, with a primary focus on aquaculture. It also produces feeds for poultry and pigs.
The company's business model is vertically integrated, beginning with the aggregation of locally sourced raw materials, often in partnership with local women farmers. By using a high percentage of local ingredients, Great Lakes Feeds aims to reduce dependency on volatile import markets and maintain affordable pricing. Since its inception, the company reports having sold over 2,500 metric tons of fish feed and 50 metric tons of other animal feeds as of early 2024. The distribution strategy involves delivering bulk orders and establishing hubs near farming centers to ensure easy access for farmers.
Beyond feed production, Great Lakes Feeds has a strong community impact focus. The enterprise provides training in modern fish farming techniques to former fishermen, youth, and women, empowering them with skills for sustainable farming. This initiative is part of a broader mission to revitalize the local aquaculture industry and improve livelihoods in a region affected by poverty and high unemployment. The company also produces and sells high-quality tilapia and catfish fingerlings to farmers and offers market linkage support for those in remote areas. Additionally, Great Lakes Feeds is involved in renewable energy solutions, including the installation of solar power for fish ponds, crop irrigation, and domestic lighting, and produces solar-powered feeders for cage-fish farmers to minimize water pollution.
Keywords: animal feed production, aquaculture, fish feed, Kenya agribusiness, social enterprise, sustainable farming, poultry feed, pig feed, community empowerment, farmer training, local sourcing, market linkage, tilapia fingerlings, catfish fingerlings, Lake Victoria, solar energy for agriculture, rural development, food security