Article Sidebar

Download
PDF
Statistic
Read Counter : 776 Download : 201

Downloads

Download data is not yet available.

Main Article Content

Abstract

This research aims to analyse financial feasibility of red chili peppers (Capsicum annum L.) seedling business conducted at Karanganyar, Poncokusumo, Malang. The respondents were farmers who breed red chili peppers and the data collected from March to April 2018. The primary data was collected through interviews based on structure questionnaire to obtain information from selected farmers in the study area. The qualitative study is utilized to analyse the financial feasibility based from Net Present Value (NPV), Internal Rate of Return (IRR), Net Benefit-Cost Ratio (BCR), and Payback Period (PP). This study findings showed a positive NPV (IDR 15403419), IRR is 23.19%, Gross B/C is 1.05, Nett B/C is 1.13, BCR > 1 (1.05), and PP as 19 months. Despite the costly investment and development, the red chili peppers seedling business is financially feasible

Article Details

How to Cite
Widyastuti, D. E., Ibrahim, J. T., Winaya, A., & Sukorini, H. (2019). Financial Feasibility Analysis of Red Chili Pepper Seedling at Karanganyar, Poncokusumo, Malang. International Series on Interdisciplinary Science and Technology, 4(1), 188–190. https://doi.org/10.23960/ins.v4i1.188
Download Citation
Endnote/Zotero/Mendeley (RIS)
BibTeX

References

  1. TPID P. RELEASE NOTE INFLASI FEBRUARI 2017. 2017.
  2. (TPI) TP dan PI. Analisis Inflasi Maret 2016. 2016.
  3. Bank Indonesia. Skema Pembiayaan Pertanian dengan Pendekatan Konsep Rantai Nilai (Value Chain Financing). Bank Indonesia; 2015. 246 p.
  4. Widisatriani GAYU, Widyantara IW, Angreni IGAAL. Manajemen Rantai Pasok Benih Cabai Rawit ( Kasus di Yayasan Idep , Desa Batuan Kaler , Kecamatan. 2015;4(4):289–97.
  5. Pusdatin. Outlook Cabai: Komoditas Pertanian Sub Sektor Hortikultura tahun 2015. Pusat Data dan Informasi Pertanian, Sekretariat Jenderal Kementerian Pertanian; 2016.
  6. Guleria A, Tiwari P, Sharma R. Cost of Cultivation and Economic Feasibility of Grafted Harar ( Terminalia chebula ) In Himachal Pradesh. 2017;5(2):1005–11.
  7. Yaseer Suhaimi Mohd, Adzemi Mat Arshad, Nur Farah Hani Muhamad and NJS. Potential and Viability of Chilli Cultivation Using Fertigation Technology in Malaysia. Int J Innov Appl Stud. 2016;17(4 Sep. 2016):4 Sep. 2016.
  8. Suhaimi MY, Mohammad AM, Hani MNF. Potential and viability analysis for ginger cultivation using fertigation technology in Malaysia. Int J Innov Appl Sci [Internet]. 2014;9(1):421–7. Available from: http://www.ijias.issr-journals.org/abstract.php?article=ijias-14-251-28
  9. Pradesh A. AN ECONOMIC ANALYSIS OF CHILLIES PRODUCTION IN GUNTUR DISTRICT OF Scenario in Andhra Pradesh. 2015;5(9):43–9.
  10. Triani HDP. Studi Kelayakan Bisnis. Yogyakarta: Graha Ilmu; 2009.
  11. Harun R, Suhaimee S, Zaffrie M, Amin M, Sulaiman NH. Benchmarking and prospecting of technological practices in rice production. Econ Technol Manag Rev. 2015;10b:77–88.
  12. Karneta R. Analisis Kelayakan Usahatani Cabe Merah Keriting ( Capsicum annum L ) dan Kacang Panjang ( Vigna sinensis L ) Secara Rotasi Menggunakan Teknologi Olah Limbah pada Lahan Sub Optimal Feasibility Analysis Farming Curly Red Chilli ( Capsicum annum L ) and Lon. 2015;
  13. Mohammed B, Abdulsalam Z, Ahmed B. Profitability in Chilli Pepper Production in Kaduna State, Nigeria. Br J Appl Sci Technol [Internet]. 2016;12(3):1–9. Available from:
  14. http://sciencedomain.org/abstract/11656