Aquaculture Businesses Seeking Loan in Balasore

Newly established business involved in Shrimp farming. - Have leased 14.25 acres of land on which 6 ponds have been prepared. - Shrimp seeds and aqua-feed will be procured from hatcheries in Andhra Pradesh. - We will grow the shrimp and sell them in 2 cycles each year. Each cycle lasts for 4.5 months. - Our ponds have a maximum production capacity of 60 metric tonnes per cycle. Initially, we will be operating at 50% capacity only. - Yields will be sold to exporters in Odisha and we currently have contacts with 3 exporters. - Promoter was an export analyst and has over 5 years of experience in the industry. - Business owned assets include the facility setup, equipment, and machines.

Newly established business involved in Shrimp farming. - Have leased 14.25 acres of land on which 6 ponds have been prepared. - Shrimp seeds and aqua-feed will be procured from hatcheries in Andhra Pradesh. - We will grow the shrimp and sell them in 2 cycles each year. Each cycle lasts for 4.5 months. - Our ponds have a maximum production capacity of 60 metric tonnes per cycle. Initially, we will be operating at 50% capacity only. - Yields will be sold to exporters in Odisha and we currently have contacts with 3 exporters. - Promoter was an export analyst and has over 5 years of experience in the industry. - Business owned assets include the facility setup, equipment, and machines.