Analisis Studi Kelayakan Finansial Usahatani Hidroponik Selada Di Mamuju Hidroponik Kabupaten Mamuju
Keywords:
Hydroponics, Feasibility Study, Farming, Lettuce, FinancialAbstract
The agricultural sector currently faces serious challenges due to massive land conversion, especially in urban areas, necessitating the adoption of land-saving cultivation technologies such as hydroponics. In Mamuju Regency, the development of lettuce hydroponic farming using the Nutrient Film Technique faces specific obstacles, particularly hot micro-climate conditions and high initial capital investment requirements, which create uncertainty regarding its business sustainability. This study aims to comprehensively analyze the financial feasibility level of lettuce farming at the Mamuju Hidroponik business unit in Rangas Village, Simboro District. This research employs a descriptive quantitative approach with data collection techniques through field observation, in-depth interviews, and business financial documentation recording. Data analysis was conducted using four main investment indicators: Net Present Value, Internal Rate of Return, Net Benefit Cost Ratio, and Payback Period. The results indicated very positive financial performance, obtaining a Net Present Value of Rp246,864,893, which indicates the business is capable of generating substantial net profits. Capital efficiency proved to be very high with an Internal Rate of Return reaching 34.98 percent, far exceeding prevailing banking interest rates, and a Net Benefit Cost ratio of 2.42. Furthermore, investment risk is classified as low because the initial capital can be recovered in a very short time, specifically 1.01 years. This study concludes that lettuce hydroponic farming in Mamuju has highly profitable business prospects and is feasible for development as a local food security solution
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