ANALISIS KELAYAKAN FINANSIAL USAHA PERKEBUNAN KARET POLA SWADAYA DI DESA PULAU JAMBU KECAMATAN KUOK KABUPATEN KAMPAR
Abstract: Rubber (Hevea
brasiliensis) is one of the most important cash crops cultivated by the people
In Riau Province. This objective of this research is to analyze financial
feasibility of rubber plantation in Pulau Jambu Village Kuok district Kampar
Regency, Riau. Primary data used in this research were obtained thorugh direct
interviewes with farmers, middle men and whole sellers which include prices of
rubber, fertilizer, labor, land values and other inputs. Secondary data was
obtained from government and other relevant agencies. To analyze data we use
investment criteria namely, NPV (Net Present Value), IRR (Internal Rate of
Return), Net B/C (Net Benefit Cost Ratio) and sensitivity analysis. The results
showed the value of NPV, Net B/C and IRR are Rp 298,163,463, 2.46 and 26.12%
subsequently. The average income of rubber farmers is Rp 993,878 per month.
Sensitivity analysis of this research is also done in three aspects: the 5%
changes of production level, 40% change of output prices and 10% changes of
input prices. The results of these three simulations show that value of NPV
decrease only about 2.24%, 47.96% and 1.90% subsequently, while IRR is greater
than the discount factor of 12% and the value of Net B/C > 1. Weconclude
that the rubber plantation cultivation still worthy because it still able to
provide the level of welfare for self-rubber farmers in Pulau Jambu Village,
Kuok distict .
Penulis: Siti Azizah, Suardi
Tarumun, Yusmini
Kode Jurnal: jppertaniandd150705