Cassava Business Proposal LBP

PROVINCE OF SOUTHERN LEYTE
MUNICIPALITY OF SILAGO
BUSINESS PROPOSAL
A. 1.0 PROJECT TITLE: Cassava Production
2.0 Scale : 2 Hectares Cassava Production
3.0 START UP PLAN :
Cassava is one of the most important crops in our Country. Aside from
climate resilient crop, not only for foods, feeds ingredient, it is now
discovered as a source in the production of ethanol. The purpose of this
project is intended for feed ingredient.
Marketing is not a problem, our Silago Multi Purpose Coop is the main
buyer of our produce. The fresh tubers is being sold at Silago Multi Purpose
Coop, for them to process to dry and further treatment prior for its volume
delivery at Feed mill Warehouse in Ormoc City. It is expected that this project
will start this coming October 2019..
4.0 BRIEF HISTORY OF PROJECT :
Our municipality is a typhoon visited area. More than 10 typhoon to

pass across the Leyte island every year. The remarkable indication to this is,
most of the idle upland area has no planted crops. Cassava is being chosen,
aside from its high market demand, this crop is climate friendly no matter
what. It can sustain its growth and production, even long drought, long wet
season and even in the occurrence of typhoon..
Cassava is a long term gestation crop, however less care and low
maintenance cost. In this project, crop will be harvested one at a time, and
sold at Silago Multi Purpose Coop as fresh. Production yield may vary
according to its planting density. The average yiled to harvest per hectare
ranger from 50,000 to 0,000 kilos per hectare. Cassava is a promising crop to
grow with. Technology of growing this kind of crop is very easy and has hi
tolerance in whatever soil varieties.
B. PROFILE OF PROJECT :
1. Name of Proponent : Deopolo E.. Hermoso

2. Home Address : Barangay Balagawan, Silago, Southern Leyte
3. Business Address: Poblacion District 1, Silago, Southern Leyte
4. Contact Number : 09654881367
5. Nos. of Years Experience in Cassava Farming: More than 10 years
6. Records of Pending Court Cases: None
7. Records of unpaid or Default Loan: None, no Loan
C. MARKET ASPECT :
Cassava can be harvested at the age of 8- 12 months from planting, at this

stage, cassava is in good eating quality. In this project, produce is design for feeds
ingredient. The target market back up is the San Miguel Corporation through its
business partner the Fatima Cooperative which is the main consolidator in whole
Region 8. In our town, the Silago Multi Purpose Cooperative is our direct buyer, as
the main consolidator here in Silago, not only limiting its market coverage, even to
other Municipality.
Harvesting in every farm location is harvested one at a time. Fresh harvested

cassava is sold to our target buyer @ Php 3.00 per kilo.
D. TECHNICAL ASPECT :
Prior for project implementation, necessary documentary requirement will be

accomplished, this includes: barangay Clearance of the applicant, barangay
clearance of the Project itself, if this conform to the sanitation standard sets by the
barangay and or local ordinance. If in case the beneficiary is not the owner of the
area occupied for Farming, they are required to execute the Special Power of
Attorney from the owner Or LeaseHold Contract Agreement to have tenurial security
of the project.
The beneficiary has already attended Trainings on the Technology of

Cassava Production conducted by the Department of Agriculture..
E. MANAGEMENT:
This project will be primarily managed by the recipient. His long experience
and exposure in Cassava Farming is of great advantage. The recipient knowledge
gained from attending Trainings and seminars related to cassava farming particularly
in pest and fertilization requirement may help him to achieve a good harvest.
F. FINANCIAL ASPECT :
FOR 2 HAS.
Total Project Cost : Php 152,357.57

Budgetary Equity :
90% LBP Financing : Php 131,116.50
10 % Borrower’s Equity : Php 13,111.65
Free ( PCIC Insurance Premium ) : Php 8,129.42
Note : The amount accrued for Insurance Premium is not included in the
computation for the Total Project Cost.
Estimated Cost & Return for 2- Hectare Cassava Production
FINANCING MIX:
I.PRODUCTION COST : Quantity UNIT UNIT BUDGETARY EQUITY TOTAL
(FOR 2 HAS.) PRICE 10% 90% Free Insurance
Borrower Landbank PCIC
A. PRODUCTION COST
MATERIALS AND INPUTS
1. planting materials-stalks 240 BDLS 30.00 7,200.00 7,200.00
2. Herbicides
3. Fertilizer
- organic fertilizer 100 bags 250.00 25,000.00 25,000.00
- 14-14-14 ( 50 kg. per bag) 8 bags 1280 10,240.00 10,240.00
- 0-0-60 (50 kg. per bag) 4 bags 1380 5,520.00 5,520.00
- 46-0-0 ( 50 kg per bag) 4 bags 1300 5,200.00 5,200.00
LABOR AND FIELD OPERATION
1. Land preparation
- underbrushing 16 MD 350 5,600.00 5,600.00
- plowing 4 pass 5000 20,000.00 20,000.00
- Harrowing 2 pass 5000 10,000.00 10,000.00
- Furrowing 2 pass 5000 10,000.00 10,000.00
2. planting
- stalks cuttig 4 MD 350 1,400.00 1,400.00
-planting 10 MD 350 3,500.00 3,500.00
3. fertilizer Application 8 MD 350 2,800.00 2,800.00
4. weeding operation 20 MD 350 7,000.00 7,000.00
5. off baring 4 MAD 600 2,400.00 2,400.00
6. hilling up 4 MAD 600 2,400.00 2,400.00
HARVESTING, HAULING, UNLOADING 12,856.50 12,856.50
OF PRODUCE
Land Rental: 2,000/ HECTARE 4,000.00 4,000.00
Hauling of Inputs 9,111.65 9,111.65
Insurance Premium 8,129.42 8,129.42
SUBTOTAL 13,111.65 131,116.50 8,129.42 152,357.57
II.SALES/ INCOME STATEMENT SALES
Sales 2- HECTARE production : 51,426 kilos X2 @ P3.00 per kilo buying price 308,556.00
Net Income : ( Gross Income- Total Project Cost ) ( 308,556 - 152,357.57 ) 161,111.43
ROI ( NET INCOME/ TOTAL PROJECT COST ) ( 161,111.43 / 152,357.57 ) 105.75%
Profitability Rate ( NET INCOME/ GROSS SALES X 100 52.21
ASSUMPTION :
PROJECTED REVENUES FOR 1 HAS. FOR 2 HAS
number of hils per hectares 14285 28,570
LESS: 20% mortality : 14,285 ( 20% ) 11,428 22856
yeild per hectare-cassava tuber (kls) 4.5 9
total number of klos per hectare 51,426.00 102,852
FARMER LEVEL- sales fresh tuber to coop
YEILD 51426 102,852
coop buying price 3.00 3
gross revnue 154,278.00 308,556
production cost: 83,249.86 152,357.57
projected net income 71,028.14 161,111.43

INCOME STATEMENT
Period Covered - October 1, 2019 to Oct 1, 2020
INCOME
Sales from Cassava ( 2 hectare) 308,556.00
Less: Production cost 152,357.57
TOTAL INCOME: 156,198.43
EXPENSES
Interest payment @ 2% p.a.) ( 0.17% x 131,116.50 x 12mos. ) 2,674.78
Miscellaneous expenses (10% of total income) 15,619.84
P 18,294.62
NET INCOME P 137,903.81
CASH FLOW STATEMENT
Period Covered - October 1, 2019 to October 1, 2020
SOURCES
Net Income P 137,903.81
Sweldo 45,000.00
Remittance
Loans Proceeds 131,116.50
P 314,020.31
USES
Loan payment (principal and interest) P 133,791.28
Bayad sa kuryente 18,000.00
Bayad sa tubig 1,000.00
Fare/fuel budget ( 2,000/ month ) 24,000.00
Groceries 48,000.00
Clothing 24,000.00
Others 30,000.00
P 278,791.28
FUND SURPLUS P 35,229.03
PREPARED:
DEOPOLO E. HERMOSO REVIEWED BY :
Farmer/ Borrower JUNIE T. ELMIDO
Municipal Agriculture Officer
BUSINESS PROPOSAL
3.0 START UP PLAN :

according to its planting density. The average yield to harvest per hectare
1. Name of Proponent : Marilyn P. Lucero

2. Home Address : Poblacion District 1, Silago, Southern Leyte
C. MARKET ASPECT :

other Municipality.


of the project.

E. MANAGEMENT:
FOR 1 HAS.

Budgetary Equity :
FINANCING MIX:
(FOR 1-HAS.) PRICE 10% 90% Free Insurance
A. PRODUCTION COST
2. Herbicides
3. Fertilizer
- 14-14-14 ( 50 kg. per bag) 4 bags 1280 5,120.00 5,120.00
- 0-0-60 (50 kg. per bag) 2 bags 1380 2,760.00 2,760.00
- 46-0-0 ( 50 kg per bag) 2 bags 1300 2,600.00 2,600.00
1. Land preparation
- plowing 2 pass 5000 10,000.00 10,000.00
- Harrowing 1 pass 5000 5,000.00 5,000.00
- Furrowing 1 pass 5000 5,000.00 5,000.00
2. planting
- stalks cuttig 2 MD 350 700.00 700.00
-planting 5 MD 350 1,750.00 1,750.00
5. off baring 2 MAD 600 1,200.00 1,200.00
6. hilling up 2 MAD 600 1,200.00 1,200.00
OF PRODUCE
SUBTOTAL 6,555.82 65,558.25 4,064.71 76,178.78
II.SALES/ INCOME STATEMENT
Sales 1- HECTARE production : 51,426 kilos @ P3.00 per kilo buying price 154,278.00
Net Income : ( Gross Income- Total Project Cost ) ( 154,278.00 - 76,178.78 ) 78,099.22
ASSUMPTION :
PROJECTED REVENUES FOR 1 HAS.
number of hils per hectares 14285
LESS: 20% mortality : 14,285 ( 20% ) 11,428
yeild per hectare-cassava tuber (kls) 4.5
total number of klos per hectare 51,426.00

YEILD 51426
coop buying price 3.00
gross revnue 154,278.00
production cost: 76,178.78
projected net income 78,099.22

INCOME STATEMENT
INCOME
EXPENSES
P 9,147.31
CASH FLOW STATEMENT
SOURCES
Income from Sari Sari Store 36,000.00
Remittance
P 170,510.16
USES
Groceries 25,000.00
Clothing 10,000.00
Others 20,000.00
P 146,895.25
PREPARED:
MARILYN P. LUCERO REVIEWED BY :
BUSINESS PROPOSAL
3.0 START UP PLAN :

according to its planting density. The average yiled to harvest per hectare
1. Name of Proponent : Benjamin A. Menil

2. Home Address : Barangay Mercedes, Silago, Southern Leyte
C. MARKET ASPECT :

other Municipality.


of the project.

E. MANAGEMENT:
FOR 2 HAS.

Budgetary Equity :
FINANCING MIX:
(FOR 2 HAS.) PRICE 10% 90% Free Insurance
A. PRODUCTION COST
2. Herbicides
3. Fertilizer
- 14-14-14 ( 50 kg. per bag) 8 bags 1280 10,240.00 10,240.00
- 0-0-60 (50 kg. per bag) 4 bags 1380 5,520.00 5,520.00
- 46-0-0 ( 50 kg per bag) 4 bags 1300 5,200.00 5,200.00
1. Land preparation
- plowing 4 pass 5000 20,000.00 20,000.00
- Harrowing 2 pass 5000 10,000.00 10,000.00
- Furrowing 2 pass 5000 10,000.00 10,000.00
2. planting
- stalks cuttig 4 MD 350 1,400.00 1,400.00
-planting 10 MD 350 3,500.00 3,500.00
5. off baring 4 MAD 600 2,400.00 2,400.00
6. hilling up 4 MAD 600 2,400.00 2,400.00
OF PRODUCE
SUBTOTAL 13,111.65 131,116.50 8,129.42 152,357.57
II.SALES/ INCOME STATEMENT SALES
Sales 2- HECTARE production : 51,426 kilos X2 @ P3.00 per kilo buying price 308,556.00
Net Income : ( Gross Income- Total Project Cost ) ( 308,556 - 152,357.57 ) 161,111.43
ASSUMPTION :
PROJECTED REVENUES FOR 1 HAS. FOR 2 HAS
number of hils per hectares 14285 28,570
LESS: 20% mortality : 14,285 ( 20% ) 11,428 22856
yeild per hectare-cassava tuber (kls) 4.5 9
total number of klos per hectare 51,426.00 102,852
YEILD 51426 102,852
coop buying price 3.00 3
gross revnue 154,278.00 308,556
production cost: 83,249.86 152,357.57
projected net income 71,028.14 161,111.43

INCOME STATEMENT
INCOME
EXPENSES
P 18,294.62
CASH FLOW STATEMENT

SOURCES
Sweldo 45,000.00
Remittance
P 314,020.31
USES
Groceries 48,000.00
Clothing 24,000.00
Others 30,000.00
P 278,791.28
PREPARED:
BENJAMIN A. MENIL REVIEWED BY :

Cassava Business Proposal LBP

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PROVINCE OF SOUTHERN LEYTE

2.0 Scale : 2 Hectares Cassava Production

3.0 START UP PLAN :

4.0 BRIEF HISTORY OF PROJECT :

Our municipality is a typhoon visited area. More than 10 typhoon to

1. Name of Proponent : Deopolo E.. Hermoso

Cassava can be harvested at the age of 8- 12 months from planting, at this

Harvesting in every farm location is harvested one at a time. Fresh harvested

Prior for project implementation, necessary documentary requirement will be

The beneficiary has already attended Trainings on the Technology of

Total Project Cost : Php 152,357.57

PROJECTED REVENUES FOR 1 HAS. FOR 2 HAS

number of hils per hectares 14285 28,570

LESS: 20% mortality : 14,285 ( 20% ) 11,428 22856

yeild per hectare-cassava tuber (kls) 4.5 9

total number of klos per hectare 51,426.00 102,852

FARMER LEVEL- sales fresh tuber to coop

YEILD 51426 102,852

coop buying price 3.00 3

gross revnue 154,278.00 308,556

production cost: 83,249.86 152,357.57

projected net income 71,028.14 161,111.43

2.0 Scale : 1 Hectares Cassava Production

3.0 START UP PLAN :

4.0 BRIEF HISTORY OF PROJECT :

Our municipality is a typhoon visited area. More than 10 typhoon to

1. Name of Proponent : Marilyn P. Lucero

Cassava can be harvested at the age of 8- 12 months from planting, at this

Harvesting in every farm location is harvested one at a time. Fresh harvested

Prior for project implementation, necessary documentary requirement will be

The beneficiary has already attended Trainings on the Technology of

Total Project Cost : Php 76,178.78

FARMER LEVEL- sales fresh tuber to coop

coop buying price 3.00

gross revnue 154,278.00

production cost: 76,178.78

projected net income 78,099.22

2.0 Scale : 2 Hectares Cassava Production

3.0 START UP PLAN :

4.0 BRIEF HISTORY OF PROJECT :

Our municipality is a typhoon visited area. More than 10 typhoon to

1. Name of Proponent : Benjamin A. Menil

Cassava can be harvested at the age of 8- 12 months from planting, at this

Harvesting in every farm location is harvested one at a time. Fresh harvested

Prior for project implementation, necessary documentary requirement will be

The beneficiary has already attended Trainings on the Technology of

Total Project Cost : Php 152,357.57

PROJECTED REVENUES FOR 1 HAS. FOR 2 HAS

number of hils per hectares 14285 28,570

LESS: 20% mortality : 14,285 ( 20% ) 11,428 22856

yeild per hectare-cassava tuber (kls) 4.5 9

total number of klos per hectare 51,426.00 102,852

FARMER LEVEL- sales fresh tuber to coop

YEILD 51426 102,852

coop buying price 3.00 3

gross revnue 154,278.00 308,556

production cost: 83,249.86 152,357.57

projected net income 71,028.14 161,111.43

CASH FLOW STATEMENT

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