ANALISIS KELAYAKAN FINANSIAL SISTEM PERTANIAN GAMBIR DI NAGARI SIALANG, KAPUR IX, KECAMATAN LIMA PULUH KOTA

Abstract

This research was aimed to analyze the financial feasibility and sensitivity of gambir farming to
the changes in input and output prices in Nagari Sialang Kapur IX Sub District of Lima Puluh
Kota District. The research sites was selected intentionally. The data used include primary and
secondary data. Primary data were obtained from questionnaires and interviews directly to
farmers. Secondary data was obtained from various literatures, printed media and some agencies
such as BPS and Agricultural Agency. Data was collected in April 2017 and analyzed using Net
Present Value (NPV), Net Benefit Cost Ratio (Net B/C) and Internal Rate of Return (IRR)
criteria. The results showed that gambir farming in Nagari Sialang Kapur IX of Lima Puluh Kota
District is economically feasible; it has a positive NPV value of IDR 521,166,238. Net Benefit
Cost Ratio is greater than one that is 5.59 and IRR value is bigger than Social Opportunity Cost of
Capital (SOCC). Gambir farming in Nagari Sialang Kapur IX is still feasible to be cultivated if
the cost of production increase up to 20% or if the selling prices decrease up to 20%.