Through aquaculture, Edwin Lindo is slowly fulfilling his dream of retiring at 55-years-old.
“To do that, I need to find a good opportunity in the Philippines without working in a company. I want to enjoy the rest of my life before I grow old,” Lindo said.
Hailing from Davao, Lindo graduated from Ateneo de Davao with a degree in Industrial Engineering. His family relied on coconut farming as a source of income but instead of going down the same path, Lindo decided to invest in another form of farming: aquaculture.
ADAPTING TO THE MARKET
“When I bought the farm which measures 13 thousand square meters 10 years ago, there was an existing fish pond inside it.
It took me seven years to realize that I should revive the pond as my workers kept on pushing to utilize it. Then after a year, I realized that the area where my farm is located in the capital of hito (or catfish) growers in Davao City,” the OFW said.
Being surrounded by big catfish growers, Lindo decided to follow suit and make use of the situation that he found himself in. He then worked on expanding his farm so could generate more catfish.
In December of 2020, Lindo purchased his neighbor’s 3,400 square meter farm for ₱2 Million. The farm had two hatcheries and seven medium ponds, but this wasn’t enough for the OFW, who wanted to secure his future.
Lindo proceeded to invest in six more tabs for hatching, as well as installing a water supply which cost him about ₱350,000. All eight tabs are fully operational now, with six tabs currently booked by customers.
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Esta historia es de la edición May - June 2021 de Agriculture.
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