LEFT TO RAISE
Sustainable Aquaculture System
Hope Loans’ mission is to eliminate poverty through the creation of sustainable and effective community development projects. Through our work with the poorest of the poor in rural Bangladesh (making less than $2 per day), we serve those facing high levels of food insecurity and malnutrition. According to the Food and Agriculture Organization (FAO) of the United Nations, one-third of households in the nation are affected by food insecurity, especially in rural areas such as those where Hope Loans works.
In the coasts and waters of South Asia and beyond, the scale of fish production required to meet the need using traditional methods has led to overfishing of oceans and rivers, further degrading the environment and depleting natural resources. Starting in Bangladesh, the location of some of the world’s highest malnutrition rates, Hope Loans is positioned to lead the sustainable development of inland aquaculture as an alternative to current unsustainable fishing practices.
Created in partnership with the Bangladesh Aquaculture Research Center (BARC), our Sustainable Aquaculture System (SAS) will produce 486,000 pounds of fish annually using only 864,000 gallons of water in 60 above-ground, closed loop, zero-discharge units. The innovative cultivation of fish, use of biofloc technology, and limited use of water, energy, and other resources will all be achieved with remarkable sustainability, profitability, and scalability. Our SAS yields ten times the production capacity (based on kg of fish/ha of land) of some of the current highest-yielding commercial aquaculture technologies in Bangladesh.
Long-term, Hope Loans plans to scale our SAS and facilitate its implementation throughout the developing world in order to address global issues of sustainability and fish supply. We have already created operating manuals for the purpose of sharing with partners at the finalization of our design. Our success depends upon careful testing and validation of our design, collaborative research, strategic partnerships, and information-sharing, all of which new funding will enable us to accomplish.
Each 30 x 40 ft fish tank unit costs $10,000 to build, and the investment is earned back within a year from the sale of fish. The Sustainable Aquaculture System provides both jobs and nutritious fish for a community in poverty – an ecologically and economically sustainable project changing lives for years to come!
Long-term, Hope Loans plans to scale our SAS and facilitate its implementation throughout the developing world in order to address global issues of sustainability and fish supply.
– Abraham Sarker