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Vermicast Production for

Supporting Plant Growth


Organically
Part I Introduction
A. Overview
Vermicomposting is the process of decomposting different organic matter through
the help of an earthworm called African Night Crawler. This activity is very helpful in the
community not only in terms of reducing agricultural waste materials but either in
producing fertilizer that is chemical free, environment friendly and affective yet
affordable.
B. Importance
Vermicast is the product of vermicomposting and since it is produce naturally
organic. The consumer can rest assured that this kind of fertilizer is chemical free and
safe to use in producing organically grown commodities. Which on the other hand is safe
to consume and unrisky to humans health.
C. Objective
a. General
To produce organic fertilizer
To introduce using organically produce fertilizer to the farmers.
To help reducing waste
To earn money
b. Specific
To help us familiarize the different methodology of doing project proposal
that we can use when we are already in the industry
To enhance our knowledge and skills in conducting different agricultural
project either assigned to us or the one we choose.
To help us make a right decision when problems are at hand during
operation.
To develop our skills as a young entrepreneur.
To comply with the practicum requirements as a graduating students od
Diploma in Agricultural Technology.

Part II Marketing Aspect


a. Simple market analysis
There are many farmers in every municipality of Quezon. Yet there are only few
individual producing this kind of product. So we decided to choose this project
because aside from the fact that we dont have much competitors in our business.
Many farmers are also starting to look for affordable fertilizer to less their

production expenses. We also have prospective buyer already so we are certain


that this project will be profitable.

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.

Part III technical Aspect


A. Production Description

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

6. Materials, supplies, tools and equipment


Item

Qty.

Price/unit

Amount

African night crawler


Chicken manure
Banana bracts

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

Part IV Financial Aspect

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

Project loan from QNAS

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.

Variable and fixed cost


a. Variable
a.1 Material cost
- P 6,930.00
a.2 Labor
- P 3,500.00
Total variable cost- P 10, 430.00
b. Fixed cost
b.1 Transportation
b.2 Electric bill

- 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%

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