Farming as a business is quite big and the beauty of it is
that – all profits, at times, are abnormal.
Assuming you don’t have land, for now, we would encourage you
to lease for a start. A lease is an agreement that permits you to use a piece of land owned by someone else at a certain period of time in
exchange for a fee.
Leasing of land in Kenya, more so in Uasin Gishu, is quite
affordable. It can range to as high as Sh50,000 but standard price is usually
around Sh10,000, depending on the location of the land.
If you’re still not sure whether leasing land for agricultural
purposes in Uasin Gishu is profitable – rethink your position.
Lease just an acre and then plant garlic – ‘Kutunguu Saumu’,
you will make an abnormal profit. Here is a quick estate of costs and profits;
- Leasing - 50,000
-
Seeds- 120,000 (200kgs)
-
Water - 100,000
-
Labour - 30,000
-
Manure - 10,000
-
Fertilizer - 20,000
-
Foliar- 15,000
-
Chemicals - 30,000 (including selective
herbicides to save on weeding)
-
Management - 60,000
Total - 435,000
You expect to harvest your garlic after 4½ months which will
be around 8,000kgs. Give the harvested garlic a month to dry (curing) and another
month to sell – making it a total of about 6 months from planting your garlic
to when it is ready for sell.
The minimum market price for Garlic is Sh150 per kilogram:
8,000kgsxSh150 = Sh1.2 million
Quick math indicates that you are likely to make a profit
of over Sh0.7 million from leasing just an acre of land to plant garlic.
Sh1, 200,000 (what you get from selling garlic) – 435,000 (cost of production) = 765,000 (profit).
Plant again for a second time and you will be guaranteed
more profit as the costs would have reduced down.
PS: The above-listed figures for expenses and profits are
based on estimates and previous projects. Things on the ground might be a
little bit different.
For all your Agricultural consultancy services, feel free to
reach me on Mobile Phone Number 0748323628. At my company, we also help people
from set-up, management to connecting you to the market.
To learn more about buying a property in Eldoret,
Call 0721-554937
WhatsApp https://wa.me/0721-554937
Email evekibet@gmail.com or
Visit us at Juma Hajee Building room number 16, Eldoret town
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