Everybody funds software companies and such startups, hope people start funding farmers. Save our farmers, help by funding them. I want to be an example. Just think, can you eat software ?? If farmers do not work hard in the fields, what would you do !!!!
I am from Kerala, India working for a BPO. I have been planning to start a small business of my own. Agriculture is what comes first in my mind. My motto being, a country is self sufficient if is agricultural sector and farmers are doing good. Though it is a highly risky venture, but for me agriculture is the most satisfying.
My plan is start pomegranate farming, which is quite expensive and would take at least 4-5 years for harvesting, so the funds needed are high and reaping benefits would take a long time.
To reach there, I am planning to start ginger cultivation (harvest time 8 - 10 months), which will help me raise funds for my dream project. I plan to start in a very modest way, with a 1-acre land for ginger cultivation, for which my budget is 4 lacs INR ($6500). I have 1 lac in my hand and I need 3 lacs ($5000) more to fund my project of ginger cultivation. Here is the break-up.
Land rent - Rs. 40,000 - 60,000 per acre.
Land tilting and creating beds - Rs. 50,0000 - 60,000
Ginger seeds - 25 - 30 bags per acre (1 bag Rs. 3500) = Rs. 100,000.
Sprinklers and pipes = 25,000
Fertilizers + manure + mulching + labor (sowing) = 50,000
Employing skilled farmer to take care for a year, 15,000 x 10 = 150,000
Monthly twice deweeding and fertilizers = 10,000 x 10 = 100,000 (borne by myself).
From a 1-acre plot, we can expect a yield of 300 bags (60 kgs per
bag). Average price Rs. 25 - 30 per kg (may go up to 50-60 per kg if
The benefit actually starts when we continue to
do ginger farming the subsequent year as we will have our own ginger
seeds for cultivation and wont need to buy from outside, i.e., Rs.
RISKS: It is a highly risky farming as
ginger cultivation is very sensitive. If affected by disease (bacterial
wilt, root borer, etc.), the whole field is damaged within a matter of
days. Ginger cultivation is like a patient in ICU. Utmost care has to
be given. Lot of factors are included; weather, water, air borne
diseases, water borne diseases, etc.