Making more money through farming is sometimes seen by many as an old-fashioned way of doing things. However, in the real world out of fantasy, agriculture is one of the core sectors in the world and especially Kenya where it amounts to more than 30% of the gross domestic product.
For you to succeed in this sector, it is crucial to get some entrepreneurial skills. Agribusiness is no longer considered as an art or a science; its passion and a way of making money. Below are some of the tips to help you in this field;
- Value addition: to attract higher returns, think about value addition and agro-processing
- Technology: To expand your scope of information and market your products, embrace technology
- Avoid Middlemen – Approach the market head-on and avoid middlemen who at times eat farmer’s sweat
- Borrow Loans: Rome was not built in one day, partner with microfinances and banks and grow with them.
- Attend trainings: no one has monopoly to ideas, always engage others in trainings and you might learn one or two things.
Well, if you do that you can rest be assured you can’t fail in agribusiness. Here are some of the few agribusiness ideas you can start in 2018/19 and make money.
Hass Avocado Farming
Hass avocado at Mkulima Wa Nyeri Farm
Hass Avocado business is booming day in day out in Kenya. Hass avocado takes about 2-3 years to mature and has a lifespan of more than 50 years. You can start with one care or a few seedlings and expand later. Currently big companies such as kakuzi are buying a single fruit not less than Kshs15 from small scale farmers. Below is break down of what you expect from hass avocado investment depending on the care given. With our package, you can sit back and watch us do the work for you. For only 40K you can join the millionaires club within no time. here is the package.
Irish Potato farming
With less than seventy thousand shillings you can grow irish potatoes in one acre of land. In areas such as Kinangop or Molo one acre of land can produce a minimum of 90 bags which retails not less than Ksh 2000. To invest in this type of farming you will require; a piece of land in a good area, the best seed tuber variety and DAP fertilizer (200 kgs per acre) and fungicides. For you to know the best tubers for your area, consult your local agricultural experts.
Although cassava is an indigenous crop, it is a fast growing and well adapted to dry areas and is currently picking up as people in Kenya and beyond try to eat heathy. Having said that, you can never go wrong with this investment in areas such as Taita Taveta, Baringo, Makueni, Machakos and Kitui. Cassava only takes10 months to mature after planting. Some of the basic requirenments of this type of venture include; a piece of land with well drained soil of pH of between 5.5 and 6.5, cuttings from middle stem portions, Fungicide/insecticide. Start small with cassava business. With Ksh 20,000 you are good to go.
In Kenya poultry products (meat and eggs) are on demand on daily basis. Actually the demand is so high that we are at times forced to buy these products from Tanzania or Uganda. Poultry farming is broken into three categories which are Pullet or Layers, Broiler chicken and Cockerel farming. Main things required to farm poultry include: Sufficient land space, Good fencing, Chicks, Feeds.
With good care of your chicks by feeding them well and maintaining your farm you are likely to thrive and be a successful poultry farmer. The initial set-up required to start this would be about Ksh30,000.
Bee Keeping Business
In Kenya the most important species is called the Apis mellifera also know as the Honeybee. Though the country has a vast potential to grow this market only 20% has been tapped. Leaving a large 80% for future investors like you. Special beekeeping equipment is the most expensive cost head of bee production but the returns out-weigh this burden especially if the bees are well-nurtured. The initial start-up capital required is about 10,000 to 50,000 varying on factors such as equipment cost and location costs.
Capsicum Farming (Pilipili hoho)
Capsicum is an easy crop to grow as it can be grown both indoors and out-doors. Capsicum only takes 3 months to mature and the market is usually readily available. You require; a piece of land in a suitable area with enough rainfall or enough supply of water, you can construct a greenhouse if you want to, quality certified seeds. You can start with let’s say KSh 100, 000 and grow on a 40*80 piece of land and within 3 months you can get 450,000.
This is a new venture in Kenya compared to other types of farming. Mushroom production used to be a complex thing but over time things have changed as numerous research, training and workshops have been conducted. With many researches, there have been development of more tolerant varieties such as oyster mushrooms.
Mushroom farming does not require a huge piece of land in comparison with other crops. With a quarter acre of land, you can have your incubation house as well as a cropping house. In addition, you can make use of the vertical height as mushrooms don’t grow that tall. Assuming you have 1000 bags in a cropping room, you are assured of 2 tons of button mushrooms selling at an average of Ksh 600 per kg translating to about Ksh 1.2 million. The market for mushrooms in Kenya lies in supermarkets, households and hotels. According to NAFIS, the demand for mushroom is growing up to 1200 tons a year. With proper strategies and marketing, this is definitely a venture you should think about.