FINANCIAL FEASIBILITY ANALYSIS OF SMALL-SCALE FOREST HONEYBEES IN INDONESIAN TROPICAL ISLAND

Abstract

This study aims to analyze the cost of production and the financial feasibility of a forest honeybee business in the Kupang Regency. Research respondents are forest bee seekers with a 51-100 trees ownership scale. The sampling of respondents was determined by purposive sampling as many as 60 farmers. The data collection method is a survey to collect primary data from respondents and secondary data from related agencies. Financial feasibility analysis uses the criteria of net present value (NPV), benefit-cost ratio (BCR), internal rate of return (IRR), the payback period of credit (PPC), followed by a break event point (BEP). The results showed that the cost of production was Rp. 44,827/kg with an NPV value of Rp 20,905,525 (NPV > 0), an IRR of 74% (IRR > 24%), a Net B/C ratio of 1.1 (B/C ratio > 1), a BEP of 2,438 kg and Payback period for 10.8 months.

Keywords

• forest honey
• cost of production
• financial feasibility
• small scale