Financial analysis of curly red papper (Capsicum annum L) farming in Lawalutolus Village, West Tasifeto District, Belu Regency (Case study at Tunas Muda farmer women's group)

  • Serfandus Bria Bria Faculty of Agriculture, Timor University
  • Adeline Norawati Hutapea Faculty of Agriculture, Timor University
  • Umbu Joka Faculty of Agriculture, Timor University
Keywords: Curly Red Papper, Financial Feasibility

Abstract

The purpose aims to determine the financial feasibility of curly red papper farming in the Tunas Muda Farmers Women's Group with an area of ​​30 acres. Data analysis methods used include qualitative descriptive analysis to find out the general picture of curly red papper farming while to know the financial feasibility analysis using quantitative descriptive analysis including R/C Ratio, NPV, IRR, Break Event Point, and Payback Period. The results showed that the Tunas Muda Farmer Women Group in conducting curly chilli farming with an area of ​​30 acres had a farming cost of Rp 4.584.000; while the total revenue was Rp 14.014.000; The results of the financial feasibility analysis show that: 1). R/C Ratio value of 3,06; 2). NPV with a rate of 4.25% amounting to Rp 6,894,278. 3). IRR of Rp 36%. 4). BEP, the break even point for curly red papper farming at a production volume of 213 kg, at the reception and cost of Rp 4,584,000. 5). Payback Period as big as 3.64. So it can be said that the Financial Analysis of Curly red papper Farming in Lawalutolus Village, West Tasifeto District, Belu Regency is feasible to be carried out.

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Published
2020-04-30
How to Cite
Bria, S. B., Hutapea, A., & Joka, U. (2020). Financial analysis of curly red papper (Capsicum annum L) farming in Lawalutolus Village, West Tasifeto District, Belu Regency (Case study at Tunas Muda farmer women’s group). AGRIMOR, 5(2), 32-35. https://doi.org/https://doi.org/10.32938/ag.v5i2.1026
Section
Original research article