Challenges

Fish farmers in Nepal continue to rely on traditional farming methods that have been passed down through the generations. Access to innovative services and technologies (i.e., quality fish feed, optimized supply chains, improved farming practices, access to financing and insurance) remains limited for many farmers, hindering their ability to adopt new techniques. For small-scale farmers, the cost of quality fish feed and/or modern equipment may be too expensive. Additionally, the limited infrastructure and transportation networks can prevent product distribution in remote areas. 

Part of the reason that farmers continue to rely on outdated farming practices is due to a lack of education and awareness about modern farming practices and the availability of new. 

For farmers who are aware of new technologies and best practices, limited access to financing options and/or credit facilities makes it challenging for farmers to invest in the new solutions.

Solutions

Shreenagar Agritech Industries Ltd has several solutions to address these challenges, including low-cost floating fish feed to improve the quality and quantity of feed production. They also developed a low-cost aerator equipped with Internet of Things (IoT) technology for farm monitoring. To further support farmers, the company is recruiting and training Village Aqua Promoters (VAP), a group of young individuals who will serve as local aquaculture resources.