Financial Analysis of Carp (Cyprinus carpio) Hatchery Business (Case Study in Ciparay Sub-District, Bandung District, West Java, Indonesia)
Iwang Gumilar
Departement of Fisheries, Faculty of Marine and Fisheries, Padjadjaran University, Bandung Sumedang Highway KM 21, Jatinangor 40600, Indonesia.
Adinda Elsha Akmalya *
Departement of Fisheries, Faculty of Marine and Fisheries, Padjadjaran University, Bandung Sumedang Highway KM 21, Jatinangor 40600, Indonesia.
Yayat Dhahiyat
Departement of Fisheries, Faculty of Marine and Fisheries, Padjadjaran University, Bandung Sumedang Highway KM 21, Jatinangor 40600, Indonesia.
Asep Agus Handaka Suryana
Departement of Fisheries, Faculty of Marine and Fisheries, Padjadjaran University, Bandung Sumedang Highway KM 21, Jatinangor 40600, Indonesia.
*Author to whom correspondence should be addressed.
Abstract
Carp (Cyprinus carpio) hatchery cultivation is one of the business activities carried out by the community in Ciparay District, Bandung Regency. This research aims to analyze the financial feasibility of carp hatchery cultivation in Ciparay District, Bandung Regency. This research was conducted using a case study method consisting of primary data and secondary data. Primary data obtained from interviews with respondents and secondary data obtained from related agencies. This research uses 38 respondents as samples based on the sampling method (purposive sampling). The analysis used in this research is descriptive quantitative. The results obtained from this research are carp hatchery cultivation in Ciparay District has a profit value of 164,225,000 IDR/year, Profitability of 217%, R/C of 3.2 and Payback Period of 33 days so it is feasible to run and develop. Carp hatchery cultivators in Ciparay District, Bandung Regency are indicated to be prosperous because they have a higher income than the Regional Minimum Wage of Bandung Regency.
Keywords: Carp hatchery cultivation, business feasibility, welfare