Design Of Poultry Business Development Model Towards Formal Financing Facilities

DOI

10.2991/icame-17.2017.30How to use a DOI?

Keywords

Design Model, Funding, Formal Financing

Abstract

This research aims to; 1). Identify and map the amount of additional funding for working capital and investment required by laying chicken breeders as well as the sources of funding used so far, 2). Identify and map the driving forces and barriers of laying chicken business by the business scale in utilizing funding from formal financial institutions, 3). Assess the feasibility of laying chicken business by the business scale in utilizing funding from the formal financial institution, and 4). Design a financing scheme from a formal financial institution that is suitable for the laying chicken farming business. This research begins by identifying additional funding for working capital and investment purposes. The second stage identifies the driving forces and constraints of the business. The third stage is a business feasibility study and the design of funding schemes from formal financial institutions. The data were collected in Sidenreng Rappang and Pinrang districts on 60 sample farmers which were then proportionally allocated ie 30 samples for each district. The results showed that the age of respondent farmers in the study area is in the range 25 - 55 years and over. Most of the breeders are still at a productive age (25 - 55 years old), which is 55 farmers (91.66%) while the remaining 5 (8.33%) are over 55 years old. The age composition of respondent farmers, most of the productive age is a positive opportunity because productive age farmers have stronger and more open physical capabilities in accepting new innovations related to the livestock business development practices they manage. Similarly, in managing funds obtained from bank financial institutions. Some of the driving factors for livestock business development are land availability, production capability, government support, market growth, experience, and economic motivation. The inhibiting factors include price fluctuations, death risk, capital, farmer behavior and non-financial finance support. Based on the analysis results found that laying chicken business has prospects financed and developed.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Nohong Mursalim
AU  - Amrullah Amiruddin
PY  - 2017/10
DA  - 2017/10
TI  - Design Of Poultry Business Development Model Towards Formal Financing Facilities
BT  - Proceedings of the 2nd International Conference on Accounting, Management, and Economics 2017 (ICAME 2017)
PB  - Atlantis Press
SP  - 403
EP  - 414
SN  - 2352-5428
UR  - https://doi.org/10.2991/icame-17.2017.30
DO  - 10.2991/icame-17.2017.30
ID  - Mursalim2017/10
ER  -