Sinigang and Pinakbet Production FS
Sinigang and Pinakbet Production FS
Sinigang and Pinakbet Production FS
Submitted By;
INTRODUCTION
In the year 2013, The vast majority of hungry and malnourished people live in
developing countries under sub-standard living conditions and over half a billion of the
global population suffer from chronic food insecurity. With the global population expected
to reach over 9 billion by 2050, there will be a continuous need to increase food
production and buffer stocks to meet the growing demand and efficiently cope with
volatilities in food production and prices. It has been projected that global food
production will need to increase by 70% in order to meet the average daily caloric
requirement of the world’s population in 2050b. Moreover, the need for interventions are
stressed as the resources available for food production.
With the global population expected to reach over 9 billion by 2050, there is a
continuous need to increase food production and buffer stocks. In this scenario,
countries around the world, especially developing countries where the pervasiveness of
hunger and food scarcity is more acute, are resorting to various counter strategies to
meet the growing demand and to avert food insecurity and famine. Over the recent years
there has been growing interest to strengthen and intensify local food production in order
to mitigate the adverse effect of global food shocks and food price volatilities.
THEORITICAL BACKGROUND
This article treats the principles and practices of vegetable farming. For a
discussion of the processing of vegetables.
RELATED LITERATURE
There is a vast body of literature presenting research and case studies focusing
on the role of vegetable gardening as agroforestry or food production systems, or a
combination of both. Gardening is ecologically divided into two categories: tropical and
temperate. Much of the literature focuses on vegetable gardens in the tropical areas.
Access to planting material and social capital are noted as important attributes to
species diversity in gardens. Collectively, the ecological potential, economic status, and
social elements influence the presence of food and non-food crops and animals in the
garden.
THE PROBLEM
The main objective of the study is to Enhance food and nutritional security in
many socio-economic and political situations, improving family health and human
capacity in Benito Soliven, Isabela.
Specifically, it will investigate feasibility of the project in terms of the following aspects;
First MANAGEMENT
Second MARKETING
Third TECHNICAL
Fourth FINANCING AND PROFITABILITY
Fifth SOCIO-ECONOMIC ASPECT OF THE STUDY
The study covers the data available which will be gathered in website and online
sources.
ASSUMPTION
The study is base on the assumption that it is feasible to establish an Sinigang and
pinakbet production in Benito Soliven, Isabela.
To the Proponent of the Study. It will serve as a guide for the viability of adopting
Vegetable Sinigang and Pinakbet Production. Study will serve as a guide on how to
start up the business on technical, management, financing, and marketing strategies to
apply.
To possible Investors. This study will minimize risk and maximize return. It is in
contrast with a speculator who is willing to invest in a risky asset with the hopes of
getting a higher profit.
To the future Researchers. The study will serve as reference material to improve its
competitiveness, trendential, optimistic and pessimistic in creating a positive impact on
the region as well as increasing its exports.
PROJECT BACKGROUND
PROJECT PROPONENT
Ms. Rose-Ann Dela Peña is the proponent of this project. She is a student in
Bachelor of Agricultural Technology at ISU-San Mariano Campus. As a student and an
entrepreneur, my knowledge and experiences are not enough as a guideline on that
supposed project so I search more data on website and internet.
BUSINESS NAME
The business will be named Sinigang and pinakbet production in Benito Soliven
Isabela. With an area of 2,000sqm. The main crop is eggplant and will be multi-cropped
with string beans, and winged bean.
BUSINESS LOCATION
The Sinigang and Pinakbet production will be located in Benito Soliven, Isabela.
It will be located at Purok 2, Gomez, Benito Soliven, Isabela at the total area of
2,000sqm.
MANAGEMENT ASPECT
ENTREPRENEUR
⤵️
DIRECT SELLING
⤵️
WHOLE SALER
⤵
RETAILER
⬇️
CUSTOMER
WHOLE SALER a person or company that sells goods in large quantities at low prices,
typically to retailers.
RETAILER is a person or business that you purchase goods from. Retailers typically
don't manufacture their own items. They purchase goods from a manufacturer or a
wholesaler and sell these goods to consumers in small quantities.
Marketing is the activity, make them more advantageous for different types of
producers. Volume of produce grown, location of the grower, time available for
marketing activities and quality of the produce are a few of the important factors to
consider when choosing a market or combination of markets to use.
MARKET DESCRIPTION
Since there are existing products in the market, the target markets are the
traders, supermarkets, vegetable vendors, groceries and sari-sari stores.
DEMAND ANALYSIS
The demand analysis will be done on the proposed product of the business.
Once the company has position itself in the market, several crops will also produce.
Initially, the crops that will be produced are eggplant, string bean and winged bean. The
initial allotted area for this crop is 2,000sqm
The target markets are the vegetable dealer, as well as supermarkets, sari-sari
store owners as well as processors. The data on the number of vegetable vendors,
supermarkets, sari-sari store owners and processors were collected from the office of
Business Permit and Licensing Office of Benito Soliven Isabela.
DEMAND PROJECTION
For the vegetable vendor, the projected annual demand will be based on the
result of the survey (survey was conducted). The vendors who specified that they will
buy vegetable, the frequency and quantity of purchase will be used in the computation of
demand projection. Below formula was used to compute the demand and its projection
for the next 5 years. Vegetable Vendors Demand = (Population of vegetable vendor) x
(% of patronage) x quantity x frequency
Vegetable Vendor Demand = (273) x (90%) x (50 tons) x (4 times per year)
The projected demand in five years of eggplant, winged bean and string bean
vegetable vendors, supermarkets and sari-sari stores. Survey was conducted to
determine the annual projected demand for vegetable vendors, supermarkets and sari-
sari stores. The vegetable vendors, supermarkets, and sari-sari stores who specified
that they will patronize the product, the frequency and quantity of purchase was used in
the computation of demand projection. Below formula was used to compute the demand
and its projection for the next 5 years.
SUPPLY ANALYSIS
In this section, the start year of selling eggplant, winged bean and string bean will
be determined from the market. The number of supplier or grower in Benito Soliven be
determined. Also, the researcher will get a historical record from Department of
Agriculture pertaining to the supply of the said crops for the past 4 years.
Based on the historical data collected, the annual average increase in supply of
eggplant, winged bean and string bean will be computed as follows:
Average increase in the Benito Soliven = 20.5%+18.4%+17.2%+16.2%+15.2%
5 years
The average increase in the entire province is 87.5%
The proposed project will assume to cater 50% market share considering the
current and projected supply as well as the production capacity and the financing from
the proponent.
Product. The frequency of planting shall be thrice a year preferably on the first, middle
and last
Quarter of the year. During these times of the year, there are sufficient amount of rainfall
for the vegetable to grow better.
Price. The current average selling price of eggplant in the market is P60/kg, string beans
is P50/kg and winged beans is P45/kg. The average price of the products was based on
the standard price and we can adjust depending on the prevailing market price. A survey
was conducted to assess the preferred amount from the target customer.
Place. The farm is located in Gomez, Benito Soliven Isabela. The farm is situated in the
said Barangay to cater for the possible expansion if the business becomes successful.
The proposed farm shall be placed in a good location wherein it is accessible to the
Benito town proper.
This study cover as an multi cropping which comprises different things in its small
area. It produces a variety of foods and agricultural products, including staple crops,
vegetables, and both for home consumption or use and for income.
PRODUCT DESCRIPTION
The initial crops will be eggplant, string beans and Cabbage. Crops are
considered as staple foods. The eggplant is rich in nutrients and comes with many
potential health benefits and high in natural plant chemicals. String beans a good source
of cholesterol-lowering fiber, but they’re an even better source of several vitamins that
contribute to healthy eyes and bones. Winged beans it has fairly good amounts of
phosphorus, iron, and vitamin B.
These crop offers a lot of benefits to consumers. These will be fresh to harvest
from the farm, and to be delivered to the consumers.
Land Preparation
Sowing
Transplanting
Weeding
Fertilizer Application
Spaying
Harvesting
Sorting/packaging
Selling
TECHNOLOGY AND TECHNICAL SUPPORT
The expertise of the Department of Agriculture will be tapped for the technical
assistance related in the adoption of vegetable production.
FINANCIAL ASPECT
A simple projected income statement for five (5) years was prepared.
SOCIO-ECONOMIC ASPECT
Once the vegetable gardening becomes operational, it will cater the demand of the
consumers that will give them quality produce. It will solve problems on insufficient
supply in the market. It is indeed a good contribution to the society in need of better
options when it comes to food consumption. It will help the current and incoming sellers
to gain additional source of income. In addition, people in the locality will be hired for the
successful operation of the farm and this will help decrease the number of unemployed
people. It will generate additional revenue for the government through taxes, licenses
and permits and this will help improve the economic situation in the country. These
earnings could help the local government for the betterment of the community. The
integrated farming system believes that it can help the community by welcoming new
business opportunities in the future. Therefore, the proposed project will be feasible
REFERENCES
Sinha, Nirmal; Hui, Y.H.; Evranuz, E. Özgül; Siddiq, Muhammad; Ahmed, Jasim (2010).
Handbook of Vegetables and Vegetable Processing. John Wiley & Sons. Pp. 192, 352.
ISBN 978-0-470-95844-5.
Vainio, Harri & Bianchini, Franca (2003). Fruits And Vegetables. IARC. P. 2. ISBN 978-
92-832-3008-3.
Portera, Claire C.; Marlowe, Frank W. (January 2007). “How marginal are forager
habitats?”. Journal of Archaeological Science. 34 (1): 59–68. Doi:10.1016/j.
Douglas John McConnell (1992). The forest-garden farms of Kandy, Sri Lanka. P. 1.
ISBN 978-92-5-102898-8.
Apel, Melanie Ann (2004). Land and Resources in Ancient Greece. Rosen Publishing
Group. P. 10. ISBN 978-0-8239-6769-8.
FAOSTAT”. Retrieved 2020-08-24. Aggregate data: may include official, semi-official or
estimated data
“Vegetable consumption per capita”. Our World in Data. Retrieved 5 March 2020
Rickman, Joy C.; Bruhn, Christine M.; Barrett, Diane M. (2007). “Nutritional comparison
of fresh, frozen, and canned fruits and vegetables II. Vitamin A and carotenoids, vitamin
E, minerals and fiber”. Journal of the Science of Food and Agriculture. 87 (7): 1185–96.
Doi:10.1002/jsfa.2824.
INPUTS
RETURN ON INVESMENT