Académique Documents
Professionnel Documents
Culture Documents
b. Marketing strategies
We asked our project advisers help in promoting the product that we will produce.
Since he knows a lot of prospective costumer where we can deliver our fertilizer. And he
refer us to the taro farmer in Gumaca, Quezon. our product will be available after 1 and a
half months of production . This will cost P 250.00 per sack or P 5.00 per kg.
1. Project Description
Our project aimed to produce organic fertilizer that is chemical free, environment
friendly, effective yet affordable to the consumer. This also aims to produce
vermin-worm and vermin-tea.
2. Project size
Our project area is estimated for about with 14 total number of vermin bins. That
will consume move or less 5 kg. of earthworm (African night crawler).
3. Project Location
Our project is located at Brgy. Silangang Malicboy Pagbilao, Quezon inside the
campus of Quezon National Agricultural School. Vermi area I is situated
southwest of mens dormitory and northeast of tissue culture laboratory.
Delivering of our produce wont be a problem too since transportation is highly
accessible because its nearness to the main road.
4. Production Process
Preparing vermin-bin is the first activity we are going to do in operating our
project. Next is collecting of substrates like rice straw, animal manure and
chopped banana bracts. After that is putting substrates into the vermin-bin for predecomposition, then procurement of earthworm and putting it under the predecomposed substrates. Watering in 25 days is also one of the activities to be done
to keep the ideal moisture for faster decomposition of the substrates. This project
will tend to terminate after 45-50 days of operation.
5. Production Schedule
November
st
1
2nd 3rd 4th
Activities
wk wk wk wk
.
1. Gathering of substrates
2. Preparation of bins
3. Composting
December
1st
wk
.
2nd
wk
.
3rd
wk
.
4th
wk
.
January
1st
wk
.
2nd
wk
.
3rd
wk
.
4th
wk
.
4. Mixing compost
5. Watering
6.
Procurement
of
earthworm
7. putting earthworm into
the bin
8. Harvesting
9. Sieving
Qty.
Price/unit
Amount
5 kg.
50 sacks
20 sacks
P 2,500.00
P 2,500.00
P 100.00
Rice straw
100 sacks
Sacks
Straw
Sieve
Empty bottle
Molasses
45 pcs.
1 roll
6 yds.
10 pcs.
10 L
TOTAL
P 500.00/kg.
P 50.00/sack
P 5.00/sack (20 kg.
dried basis)
P 5.00/sack (15
kg./sack dried basis)
P 5.00/pc.
P 35.00/roll
P 150.00/yd.
P 2.00/pc.
P 15.00/L
P 500.00
P 225.00
P 35.00
P 900.00
P 20.00
P 150.00
P 6,930.00
Equipment
Vermi-separator P 200.00 Electric bill
7. Waste disposal
No waste disposal since material can be utilize for the next cycle.
8. Record keeping
Labor cost
Activities
Gathering of substrates
5 days @ 50/day x2 person
Composting
3 days @ 50/day x2 person
Mixing compost
3 days @ 50/day x2 person
Watering
15 days @ 30/day x2 person
Harvesting
10 days @ 50/day x2 person
Sieving
5 days @ 50/day x2 person
Expenses/Expenditures
Materials P 6,930.00
Expected sales:
42 sacks (Vermi-cast x 250/sack
7 kg. vermi-worm x 500/kg.
= P 10,500.00
= P 3,500.00
500
300
300
900
1,000
500
3,500
10 L Vermi-tea x 90/L
=P
900.00
P 14, 900.00
A. Investment requirement
a.1
a.2
a.3
a.4
Material cost
- P 6,930.00
Labor cost
- P 3,500.00
Transportation cost - P 1,000.00
Electric bill
- P 300.00
total - P 11,730.00
B. Source of fund
C. Technical Assumption
Expenses last cycle (November-January)
Material cost
- P 6,930.00
Labor cost
- P 3,500.00
Transportation cost - P 1,000.00
Electric bill
- P 300.00
total - P 11,730.00
D. Cost and return analysis
I.
Gross sales
- P 14,900.00
II.
- P 1,000.00
- P 300.00
total - P 13,000.00
III.
Total cost
P 11,730.00
IV.
Net income
P 3,170.00
V.
Return on investment
27.02%