Goat farming project report for 100 Does +5 Bucks
India has a very large and diverse genetic resource of goats. Goat plays a significant role in economic upliftment of rural poor . Consumption of goat meat (chevon) is increasing rapidly due to its social acceptability. This sector has tremendous potential in employment generation & poverty reduction. Before starting a Goat farm the entrepreneurs/ farmers are advised to under go training on goat farming. They can contact Local Animal Husbandry Department staffs/Veterinary College/agriculture University etc. for the purpose. They should also visit progressive Goat farmers and government/ agricultural university goat farm in the locality. They must check the following points before starting a dairy farm.
- Availability of good quality Parent stock in the locality
- Marketing facility for goat & goat meat
- Nearness of farm to veterinary hospital/Livestock Aid center
- Availability of concentrates ,fodder & medicine in that locality.
Government subsidy available for these types of project– Back ended capital subsidy 25% for general category (33.33% for SC/ST/BPL beneficiaries) is available under government of India scheme Integrated Development of Small Ruminants and Rabbits (IDSRR-EDEG). Subsidy ceiling is Rs250000/- for goat farm with 100+5 animals.
Avail Bank loan and subsidy– In order to avail bank loan & subsidy under IDSRR-EDEG the entrepreneur/farmers are advised to contact local animal husbandry/veterinary officer. Animal resources development department is the facilitator deportment for above schemes.
This project report is based on following assumption:-
1- Adult healthy Does & bucks of black Bengal breed within 2 years of age will be purchased
2- Manure produced in the farm will be utilized for fodder cultivation
3- In case of death of adult goats new animal will be purchased from insurance claim money
4- The above project will be economically viable under proper care & attention of the entrepreneur.
entrepreneur.
Techno-economic parameters | |
Breed of Goat | Black Bengal |
System of rearing | Semi intensive |
No. of Bucks | 5 |
No. of Does | 100 |
Age at Maturity (Months) | 10-12 |
Kidding/ interval (Months) | 8 |
No of kidding/year | 1.5 |
Kidding percentage | 90 |
Average litter size (average of single, twinning, Triplet, quadruplet) | 2 |
Sex ratio | 1:1 |
Mortality(%) Kids | 15 |
Saleable age of kids (months) | 11 |
Expenditure norms | |
Space requirement sqft.per head for Buck | 15 , |
Space requirement sqft.per head for doe | 10 |
Space requirement sqft.per head/kid | 4 |
Cost of construction (Rs.persft) Doe, Bucks ,Kids | 200 |
Cost of equipment (Rs.per adult animal) | 20 |
Cost of green fodder cultivation (Rs./acre/season) | 6000 |
Concentrate feed : Adult does (one month before breeding and one month after kidding i.e. per kidding) | 6.75 kg per month |
Concentrate feed for Bucks (two months per breeding season) | 7.5 kg per month |
Concentrate feed for Kids (for 30 days) | 3.75 kg per kid |
Cost of conc. feed (Rs./kg) | 18 |
Labour (No.) | 1 |
Labour wages (Rs.per month) | 6000 |
Purchase price of buck | 7000/buck |
Purchase price of doe | 4500/doe |
Insurance (as percentage of the cost of breeding stock) | 4 |
Veterinary aid (Rs./adult/year) | 50 |
Income norms : | |
Sale price of Buck/(11month) | 3200 |
Sale price of Doe/(11month) | 3000 |
Income from manure is not assumed as it is used on the own farm for fodder cultivation. | |
Sale of Gunny bags (Rs./bag) | 10 |
Repayment norms: | |
Repayment period (years) | 6 |
Grace Period (years) | 1 |
Interest rate(%) | 12 |
Flock projection chat for Black Bengal Breed Goats | ||||||
Year | 1st | 2nd | 3rd | 4th | 5th | 6th |
No. of does purchased | 100 | |||||
No. of bucks purchased | 5 | |||||
No. of kidding/year | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 |
No. of kids born male | 135 | 135 | 135 | 135 | 135 | 135 |
No. of kids born female | 135 | 135 | 135 | 135 | 135 | 135 |
No of kids died male 15% | 20 | 20 | 20 | 20 | 20 | 20 |
No of kids died female 15% | 20 | 20 | 20 | 20 | 20 | 20 |
No. of male kids available for sale | Kids produced in first year will be sold in second year & so on | 115 | 115 | 115 | 115 | 115 |
No. of female kids available for sale | 115 | 115 | 115 | 115 | 115 |
A-Capital cost | (Amount in Rs.) |
Construction low cost Shed for 100does @ 10sq.ft/adult Doe(Rs.200/sq.ft | 200000 |
Construction of Shed for 5 bucks@15sq.ft/buck (Rs.200sq.ft buck shed ) | 15000 |
Construction of Shed for230 kids @4 sq.ft./ kids (920sq.ft)@(Rs200./-sqft | 184000 |
Equipment feeding trough buckets etc | 20000 |
Cost of 100 does@ 4500/doe | 450000 |
Cost of 5 bucks@7000/buck | 35000 |
Bore well with pump set | 800000 |
TOTAL CAPITAL COST | 949000 |
Working Capital | |
Wages for one labour @6000/month for 1 year | 72000 |
Cost of insurance 4% of animal cost | 19400 |
Cost of concentrate feed for 100 does @6.75kg/month/doe for two months i.e kg@18/kg | 24750 |
Cost of concentrate feed for 5bucks @7.5kg/adult animal for two months @ 18/kg | 1350 |
Cost of concentrate feed for 230 kids@3.75 kg/kid /month i.e 900kg for one month @18/kg | 16200 |
Fodder cultivation in 4 acres of land@6000/acre/season | 24000 |
Misc, expenditure i.e. vaccine medicine and veterinary aid and electricity | 20000 |
Contingency | 9650 |
Total Working Capital | 186000 |
TOTAL PROJECT COST | 1135000 |
Margin money @25% of project cost | 283750 |
Bank loan@75% of project cost | 851250 |
CASH FLOW | Project period (year) Amount in Rs. | |||||
i | ii | iii | iv | v | Vi | |
Wages for labour @100/day for 1 year | 72000 | 72000 | 72000 | 72000 | 72000 | 72000 |
Cost of insurance 4% of animal cost | 19400 | 19400 | 19400 | 19400 | 19400 | 19400 |
Cost of concentrate feed for buck does and kids | 40950 | 40950 | 40950 | 40950 | 40950 | 40950 |
Fodder cultivation of land@6000/acre/crop | 48000 | 48000 | 48000 | 48000 | 48000 | 48000 |
Misc, expenditure i.e. vaccine medicine and veterinary aid | 20000 | 20000 | 20000 | 20000 | 20000 | 20000 |
Total expenditure | 200350 | 200350 | 200350 | 200350 | 200350 | 200350 |
Sale price of male goats @3200/buckling | 368000 | 368000 | 368000 | 368000 | 368000 | |
Sale price of female goats @3000/doeling | – | 345000 | 345000 | 345000 | 345000 | 345000 |
Sale price of gunny bag | 460 | 460 | 460 | 460 | 460 | 460 |
Value of closing stock 100 doe, 5buck, @ average 2500/adult & 230 kids @ 1500/kid | 607500 | |||||
Value of shed (10% depreciation/year | 159600 | |||||
Value of equipment (20% depreciation /year) | – | |||||
Total | 460 | 713460 | 713460 | 713460 | 713460 | 1480560 |
Gross profit | -199890 | 513110 | 513110 | 513110 | 513110 | 1280210 |
Calculation of BCR and IRR
1 | 2 | 3 | 4 | 5 | 6 | |
Capital Costs | 949000 | |||||
Recurring Cost | 200350 | 200350 | 200350 | 200350 | 200350 | 200350 |
Total Costs | 1149350 | 200350 | 200350 | 200350 | 200350 | 200350 |
Benefit | 460 | 713460 | 713460 | 713460 | 713460 | 1480560 |
Net Benefit | -1148890 | 513110 | 513110 | 513110 | 513110 | 1280210 |
Sl no | Financial indicators | Estimated value | Preferred value |
1 | Net Present Worth (NPW) @15% DF | 828277.02 | Should be +ve |
2 | Benefit Cost Ratio(BCR)@15% DF | 1.52:1 | >1 |
3 | Internal Rate of return (IRR) | 29.57 | >15% |
4 | Debt Service Credit Ratio (DSCR) | 2.48 | >1.5 |
Bank loan=851250
Interest =12% Grace period- 1 year
Total loan at the end of grace period =851250+102150=953400.00
Repayment schedule
S.No | Monthly Installment | Interest | Principal | Balance |
0 | 953400 | |||
1 | 18639 | 9534 | 9105 | 944295 |
2 | 18639 | 9443 | 9196 | 935099 |
3 | 18639 | 9351 | 9288 | 925810 |
4 | 18639 | 9258 | 9381 | 916429 |
5 | 18639 | 9164 | 9475 | 906955 |
6 | 18639 | 9070 | 9570 | 897385 |
7 | 18639 | 8974 | 9665 | 887720 |
8 | 18639 | 8877 | 9762 | 877958 |
9 | 18639 | 8780 | 9860 | 868098 |
10 | 18639 | 8681 | 9958 | 858140 |
11 | 18639 | 8581 | 10058 | 848082 |
12 | 18639 | 8481 | 10158 | 837924 |
13 | 18639 | 8379 | 10260 | 827664 |
14 | 18639 | 8277 | 10363 | 817301 |
15 | 18639 | 8173 | 10466 | 806835 |
16 | 18639 | 8068 | 10571 | 796264 |
17 | 18639 | 7963 | 10677 | 785588 |
18 | 18639 | 7856 | 10783 | 774805 |
19 | 18639 | 7748 | 10891 | 763914 |
20 | 18639 | 7639 | 11000 | 752914 |
21 | 18639 | 7529 | 11110 | 741804 |
22 | 18639 | 7418 | 11221 | 730582 |
23 | 18639 | 7306 | 11333 | 719249 |
24 | 18639 | 7192 | 11447 | 707802 |
25 | 18639 | 7078 | 11561 | 696241 |
26 | 18639 | 6962 | 11677 | 684565 |
27 | 18639 | 6846 | 11794 | 672771 |
28 | 18639 | 6728 | 11911 | 660860 |
29 | 18639 | 6609 | 12031 | 648829 |
30 | 18639 | 6488 | 12151 | 636678 |
31 | 18639 | 6367 | 12272 | 624406 |
32 | 18639 | 6244 | 12395 | 612011 |
33 | 18639 | 6120 | 12519 | 599492 |
34 | 18639 | 5995 | 12644 | 586847 |
35 | 18639 | 5868 | 12771 | 574077 |
36 | 18639 | 5741 | 12898 | 561178 |
37 | 18639 | 5612 | 13027 | 548151 |
38 | 18639 | 5482 | 13158 | 534993 |
39 | 18639 | 5350 | 13289 | 521704 |
40 | 18639 | 5217 | 13422 | 508282 |
41 | 18639 | 5083 | 13556 | 494726 |
42 | 18639 | 4947 | 13692 | 481034 |
43 | 18639 | 4810 | 13829 | 467205 |
44 | 18639 | 4672 | 13967 | 453238 |
45 | 18639 | 4532 | 14107 | 439131 |
46 | 18639 | 4391 | 14248 | 424883 |
47 | 18639 | 4249 | 14390 | 410493 |
48 | 18639 | 4105 | 14534 | 395959 |
49 | 18639 | 3960 | 14680 | 381279 |
50 | 18639 | 3813 | 14826 | 366453 |
51 | 18639 | 3665 | 14975 | 351478 |
52 | 18639 | 3515 | 15124 | 336354 |
53 | 18639 | 3364 | 15276 | 321078 |
54 | 18639 | 3211 | 15428 | 305650 |
55 | 18639 | 3056 | 15583 | 290067 |
56 | 18639 | 2901 | 15738 | 274329 |
57 | 18639 | 2743 | 15896 | 258433 |
58 | 18639 | 2584 | 16055 | 242378 |
59 | 18639 | 2424 | 16215 | 226163 |
60 | 18639 | 2262 | 16378 | 209785 |
61 | 18639 | 2098 | 16541 | 193244 |
62 | 18639 | 1932 | 16707 | 176537 |
63 | 18639 | 1765 | 16874 | 159663 |
64 | 18639 | 1597 | 17043 | 142621 |
65 | 18639 | 1426 | 17213 | 125408 |
66 | 18639 | 1254 | 17385 | 108023 |
67 | 18639 | 1080 | 17559 | 90464 |
68 | 18639 | 905 | 17735 | 72729 |
69 | 18639 | 727 | 17912 | 54817 |
70 | 18639 | 548 | 18091 | 36726 |
71 | 18639 | 367 | 18272 | 18455 |
72 | 18639 | 185 | 18455 | 0 |
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