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Lake View Fisheries Limited
Funding Required: Seeking an investment of KES. 24M
Use of Proceeds:
- Production Capacity
- Business Expansion
- Equipment and Machinery
Number of Employees: 32
- Doesn’t need dietary additives
- Captures different income brackets
- Hon. Gilbert Ochieng Mbeo Snr.
- Michelle Adhiambo Mbeo
- Gilbert Ochieng Mbeo Jnr.
- Loise Dianne Akoth Mbeo
- John Joseph Onyango Mbeo
Lake View Fisheries (LVF) Limited is a privately owned company founded in 2013. It has built Kenya’s first women and youth owned, vertically integrated, sustainable commercial tilapia cage aquaculture operation. The mission of LVF is to create a unique multi-faceted development project that will improve the availability of sustainably farmed affordable tilapia in Kenya, thereby increasing per capita fish consumption, reducing malnutrition, creating rural jobs, transferring skills, improving rural livelihoods and reducing poverty.
LVF has custom designed and piloted locally fabricated small-holder fish cages. This is in line with the company’s focus on rural job creation, poverty eradication, capacity building and technology transfer
Lake View Fisheries core commodity is a premium lake raised tilapia and tilapia fillets. It is distinguished from any other farmed tilapia because of its sustainable production and superior flavour and texture. This is attributable to the fact that the fish is sustainably raised in a pristine part of Lake Victoria within fresh water.
LVF produces different sizes of fish targeting different consumers’ financial ability. Among them is the whole Tilapia which weighs between 400g-800g. The 400g fish is aimed at supplying restaurants/hotels. The larger 800g is used for fillet production, supplying supermarkets and home delivery.
Unlike its competitors, LVF utilizes a
Business Model and Distribution Channels
LVF’s business model components include customers, resources, value proposition, partners, channels and activities. It generates income by selling the tilapia fish and tilapia fillets. To acquire more customers, the product is sold in weight so that even those with
Traction to Date
Some of the key achievements of the company include: Built Kenya’s most advanced vertically integrated tilapia cage farm with an installed capacity of 300 metric tons per annum, Key personnel and have been hired and trained on farm duties (32 permanent jobs), successfully started to sell tilapia and has begun limited processing to include freezing and gutting.
LAKE VIEW fisheries’ story