SUB-PROJECT PROPOSAL

I. Project Title: Tilapia Fixed-Type Cage Culture

II. Name of Proponent: Casulongan Farmers and Fisherfolks Association
(CAFFA)
III. Total Project Cost: P
IV. Name of Authorized Representative: Zenaida B. Adezas
V. Contact Detail: 09183510450
VI. Profile of Proponent
A. General Information
1. Business Address: Brgy. Casulongan Javier, Leyte
2. Form of Organization: People’s Organization
3. Date of Registration: January 14, 2014
4. Membership Profile
4.1 Number of Members:
4.2 Member Composition
Men:
Women:
Youth:
4.3 Member Occupational Class:
Fishers
Traders
Farmers
Vendors
Others (please specify)
4.4 Members’ Range of Household Income:
4.5 Members’ Main Source of Income:
Fishing
4.6 Members’ Other Source of Income:
Farming
 B. Capital Formation Mechanism
1. Capital Build-Up Schemes
2. Individual Saving Scheme
Monthly Due: P

VII. Project Overview:

A. Tilapia fixed-type cage culture of Casulongan Farmers and Fisherfolks
Association (CAFFA) is an alternative livelihood that will focus on the
production and distribution of high quality, marketable size of tilapia in
brackish water located at Sabang, Brgy. Casulongan, Javier, Leyte. This
start-up business will get raw materials from its selected suppliers, hire
first laborers to be assigned in the overall production process, and identify
its potential market. This will be managed and owned by Casulongan
Farmers and Fisherfolks Association (CAFFA) and the FishCORAL Project
of BFAR Region 8 in partnership with IFAD will serve as its main financing
agency. Through this proposed livelihood, the fisherfolks beneficiaries will
have alternative source of income for their respective households, and
thus, achieve the project’s goals of alleviating poverty in coastal
communities.
B. Objectives:
1. Produce and distribute high quality, marketable size of tilapia fish;
2. Become the most in demand supplier of marketable tilapia in Abuyog
and Javier, Leyte;
3. Increased revenues and incomes of the beneficiaries through tilapia
fixed-type cage culture as improved and sustainable livelihood sub-
projects for the coastal communities;
4. Increased women participation.
C. Expected outputs and results:
1. Harvest approximately 3,400 kg of tilapia per cropping in the first year;
2. 25% increase in tilapia fish production and target expansion of 5mx5m
developed and utilized after one year of implementation;
3. Generate a total revenue of P340,000 every cropping and 5% increase
in income of 69 fisherfolks, particularly the members of the association;
4. Increase in tilapia production in Region VIII;
 5. 50% of the ________________ are women.

VIII. Project Description

A. Technical Aspect
1. Site Selection
The tilapia fixed-type cage will be strategically placed at Sabang, Brgy.
Casulongan, Javier, Leyte. This location was chosen because it is a
brackish water suitable for tilapia culture and is accessible to the
association members.
2. Project Components/Activities
2.1 Training requirements
 Key Service – assist with the establishment of a common
marine aquaculture project to culture tilapia, through the
provision of materials inputs and tools.
 Support Services – training on culture of tilapia in cage or
pen and Social Preparation and Entrepreneurship
Appreciation course.
2.2 Procurement
 Transport of fingerlings - from BFAR regional office
(Babatngon, Leyte Hatchery) to Brgy. Casulongan,
Javier, Leyte.
 Stocking of fingerlings - by the beneficiaries (Casulongan
Farmers and Fisherfolks Association/ CAFFA) assisted
by the Municipal Agriculture Office and the FishCORAL
Community Facilitators.
 Cage Management - includes feeding, net/ cage
maintenance, water quality monitoring, fish sampling and
record keeping.
 Harvesting - Sorting/ according to size.
 Marketing – Handling
2.2.1 Budgetary Requirements

 Materials for the 20mx20mx5m fixed-type cage

 MATERIALS QTY UNIT COST ESTIMATED
COST
Bamboo pole (Tangnan) 200 Pcs P150.00 P30,000.00
Mono Nylon, 2mm dia. #20 12 Rolls 300.00 3,600.00
P.E. Rope #18 – 9mm 4 Rolls 2,500.00 10,000.00
P.E. Rope #12 – 6mm 10 Rolls 530.00 5,300.00
P.E. Net #14 400/12 – 100md 2 Bundle 6,000.00 12,000.00
s
P.E. Net #17 400/12 – 200md 2 Bundle 7,500.00 15,000.00
s
B Net #108 2 Bundle 3,500.00 7,000.00
s
Knitting Needles #7 10 Pcs 50.00 500.00
Knitting Twine P.E. Rope #2 20 coils 60.00 1,200.00
Sub total P84,600.00

 Operating Expenses
ESTIMATED
MATERIALS QTY UNIT COST
COST
Fingerlings 20,000 pcs P0.50 P10,000.00
Fry Mash 8 bags 880.00 7,040.00
Pre-Starter Pellet 18 bags 950.00 17,100.00
(floater feeds)
Grower Pellet 75 bags 930.00 69,750.00
(floater feeds)
Finisher Pellet 59 bags 890.00 52,510.00
(floater feeds)
Subtotal P156,400.00

 Materials for Guard House

UNIT ESTIMATED
MATERIALS QTY
COST COST
Bamboo Poles 20 Pcs. P120.00 P2,400.00
(Tangnan)
Nipa shingles 100 Pcs. 7.00 700.00
CWN 4” 2 Kg 65.00 130.00
CWN 3” 2 Kg 65.00 130.00
 Rattan (Oway) 2 Blds. 100.00 200.00
Plywood ¼” 6 Sheets 350.00 1,750.00
Lumber 20 Pcs. 120.00 2,400.00
Subtotal P7,710.00

 Training for Tilapia Fixed-Type Cage Culture

ESTIMATED
MATERIALS QTY UNIT COST
COST
Food 36 members 250 x 2days P22,000.00
(Breakfast, lunch dinner, 2 4 BFAR staff
snacks) 4 MAO staff
Notebook 36 10 360.00
Ballpen 36 5 180.00
Handouts 36 100 3,600.00
Venue 1 3,000 3,000.00
Speakers’ Accommodation 4 500 2,000.00
(LGU Counterpart)
Subtotal P31,140.00

 Total Project Cost

ITEM AMOUNT
A. Cage P84,600.00
B. Operating Expenses 156,400.00
C. Guard House 7,710.00
D. Training 31,140.00
TOTAL COST
P279,850.00

2.3 Installment
The installment will be done on the last day of the training. Labor
on the installment management, maintenance and harvesting
will be provided by the fisherfolk beneficiaries themselves.

3. Operations
 Technology is adopted to marine culture of tilapia in brackish water
cage made of bamboo frame and net measuring 20mx20m x5m. The
cage will be divided at the center into two smaller cages measuring
10mx10mx5m respectively. Each will be stocked with 20,000 pcs. Of
fingerlings measuring 14 to 17 mm. Feeding shall be done manually by
broadcasting method utilizing formulated feeds. For the entire 4 months’
culture or 120 days, stocks shall utilize eighty-two (82) bags of feeds.
4.1 Feeding Management
4.1.1 Feeding management will be using formulated
feeds. Feeding will be manual broadcasting.
The following feeding schedule will be used:
Days of culture Types of feeds Feed rate (% of TBW)
Days 1-30 Fry Mash 10-9% of TBW
Days 31-60 Pre-Starter Pellet (floater feeds) 8-7% of TBW
Days 61-105 Grower Pellet (floater feeds) 6-5% of TBW
Days 105-120 Finisher Pellet (floater feeds) 4% of TBW
TBW = Total Body Weight
4.1.2 Feeding will be done from 8:00 AM to 5:00 PM,
divided equally into 4. Recommended feeding
time is 8:00 AM, 11:00 AM 3:00 PM and 5:00
PM.
4.1.3 Other consideration in feeding/feed
management:
 Feed the fish regularly. Fish confined in cages
have limited access to natural food and need a
nutritionally complete diet
 Feeding trays may be built inside cages or placed
on the cage floor to retain floating pellets. Feeds
should be used/consumed within 4-6 weeks of its
manufacture date.
 Feed only as much as the fish will consume within
15 minutes. Reduce or stop feeding until fish
respond eagerly to the feed.
 4.2 Monitoring/ Stock Sampling
4.2.1 Daily monitoring of nets will be done.
4.2.2 Stock sampling will be done fifteen (15) days to
determine the ABW for feed adjustment and to
compute feed adjustment.
4.2.3 Record mortality, if any and adjust amount of
feeds accordingly.
4.2.4 Feeding will be done by broadcasting evenly
throughout the cage.
4.2.5 Feeding consumption: 1,000 tilapia in 120
days.
4.2.6 Feeds conversion ratio is computed at the end
of the culture period, with the formula as
follows:
FCR = Total Feeds Consumed
Total Weight Gained
4.2.7 A fine mesh net will be attached at the bottom
of the net cage to monitor unconsumed feeds
and waste accumulation. Removal of the
accumulated waste from the cage will be one of
the mitigating measures done to sustain
integrity of the environment.

B. Marketing Aspect
The tilapia will be marketed fresh for P 100.00 per kilo in retail and P 90.00
in large volume. The main market will be the Abuyog Public Market.
Ancillary buyers are seafood restaurants, food/meat shops and
groceries/malls and nearby municipalities. Location of market are highly
accessible, commercial size and quality and price conscious.

C. Financial Aspect

Assumptions:
 20,000 pcs stocking density
 5% mortality rate
20,000 pcs x .05 = 19,000 pcs
 80% survival
19,000 pcs x .80 = 15,200 pcs
 1 pc = ¼ kg
15,200 pcs x ¼ kg/pc = 3,800 kg
 P90.00/kg market price
3,800 kg x P90.00/kg = P342,000
 1. Projected Income Statement

1st Cropping 2nd Cropping 3rd Cropping

Gross sales P 342,000.00 P 342,000.00 P 342,000.00
Less
: Costs of Sales
Labor P 12,565.50 P 12,565.50 P 12,565.50
Training P 31,140.00 P 0.00 P 0.00
Depreciation P 9,601.66 P 9,601.66 P 9,601.66
Total P 53,307.16 P 22,167.16 P 22,167.16
Gross Income P 288,692.84 P 319,832.84 P 319,832.84
Less
: Operating Expense P 156,400.00 P 156,400.00 P 156,400.00
NET INCOME P 132,292.84 P 163,432.84 P 163,432.84

2. Cash Flow Statement

Pre-Operating 1st cropping 2nd cropping 3rd cropping
CASH BALANCE - beginning 279,850 156,300 329,335 502,639
CASH INFLOWS
Sales Income - 342,000 342,000 342,000
TOTAL CASH INFLOWS - 342,000 342,000 342,000
CASH OUTFLOWS
Permit 100
Labor - 12,565.50 12,565.50 12,565.50
Supplies and Materials 92,310 156,400 156,400 156,400
Training 31,140 - - -
TOTAL CASH OUTFLOWS 123,550 168,966 168,966 168,966
CASH BALANCE - ending 156,300 329,355 502,369 844,369
 3. Balance Sheet
4. Return of Investment (ROI)
Net Income 459,158.52
ROI= ×100= ×100=98 %
Total Operating Cost 469,200.00

IX. Organizational and Management Aspect

CAFFA will appoint a Project Manager who shall oversee all the activities
related to tilapia fixed-type cage culture. The association will also appoint two
(2) caretakers who shall take charge on the feeding management. The
treasurer shall collect the income generated. The bookkeeper shall make and
keep all the financial records/statements.

X. Socio-Economic Aspect
The project aims to reduce the poverty incidence among the most vulnerable
and the poorest sector in country, the fisherfolks, by giving them a sustainable
livelihood that generates additional income.

XI. Environmental Aspect

Overfishing is one of the problems faced by the fishery sector in our country.
One of the several consequential innovations to help minimize this problem is
to do away with capture fishing. Displaced fisherfolks from capture fishing can
be absorbed in culture fishing like bangus and tilapia culture.

XII. Sustainability Mechanism

Sixty percent (60%) of the net income generated from the tilapia fixed-type
cage culture will be divided by the members, ten percent (10%) will go to the
caretaker while the remaining thirty percent (30%) will go to the association.
The association’s fund shall be used for the expansion of the livelihood in
order to further increase revenues and incomes of the beneficiaries.

XIII. Risk Management

XIV. Project Implementation Plan

Timeframe/ Resource Cost Estimates

Project Activities Schedule Expected Outputs Requirements IFAD GOP LGU PO Total
Prepared and requested by:

Zenaida B. Adezas
PO President

Assisted by:

Marjorie M. Risos Jayson D. Laurente Xandrix P. Pantin

Community Facilitator Community Facilitator Community Facilitator

Endorsed by: Approved by:

Yolanda P. Colaban RPMO

MAO-OIC